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Council approves updated TIF revenue-sharing agreements and right-of-way deal with Highland School District
Summary
Highland’s council unanimously approved ordinances updating TIF #1 and TIF #2 revenue-sharing agreements with Highland Community Unit School District No. 5 and authorized a real estate sales contract to secure right-of-way for the district’s new school property; the city estimates the related improvements at about $2.5 million and is pursuing state funding.
The Highland City Council voted unanimously Sept. 3 to approve changes to two tax-increment financing (TIF) agreements with Highland Community Unit School District No. 5 and to authorize a commercial real estate sales contract to secure right-of-way for roads, sidewalks and other public improvements for the district’s new school property.
Councilwoman Barbara Bellm moved to adopt Bill #24-89/Ordinance #3347 updating the city’s intergovernmental agreements on revenue sharing for TIF #1 and TIF #2, and Councilmember Napper seconded. Economic Development Coordinator Mallord Hubbard explained the amendments update revenue-sharing for extension years and amend provisions to conform with state statute, and said the changes allow the districts to use funds on facilities in the TIF areas. The council approved the ordinance on a 4-0 roll call vote (Sloan, Frey, Bellm, Napper).
The council then approved Bill #24-90/Ordinance #3348, authorizing execution of a commercial real estate sales contract with Highland Community Unit School District No. 5 that will provide right-of-way along the district’s new parcel on South Poplar Street. Councilman Frey moved the ordinance and Councilwoman Bellm seconded. City Manager Chris Conrad said the city is not buying property but will pay closing costs to enable gutter, curbing, sidewalks and a turn lane for traffic flow. He estimated the related improvements at approximately $2.5 million and said staff is lobbying the state for funding; the council approved the motion 4-0.
Public officials framed the measures as enabling infrastructure to serve the new school site. The ordinances and the right-of-way contract do not specify a construction timetable; City Manager Conrad told the council the city hopes to hear about state funding by next summer. No public comment opposing the measures was recorded during deliberations.
The ordinances take effect according to the city’s normal codification process; staff indicated the agreements amend prior TIF terms to reflect the newly negotiated revenue-sharing split and to align with state statutory requirements. The council recorded its unanimous support with roll call votes.
