Council approves TIF support for Val's Nail Spa at former Jack's Meat Market site
May 29, 2024 | Murphysboro, Jackson County, Illinois
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The Murphysboro City Council approved a TIF application from Val's Nail Spa LLC for redevelopment at the former Jack's Meat Market site.
Council discussion described the project as new construction on a previously vacant lot and noted the city used a reimbursement structure similar to prior small-business agreements. The developer will receive a 75% reimbursement for eligible costs tied to the project’s improvements, consistent with recent local TIF practices.
Council moved and seconded the TIF application and approved it by voice vote.
What happens next: staff will prepare TIF paperwork and the required reimbursement agreement for execution by the mayor and authorized signatories.
Council discussion described the project as new construction on a previously vacant lot and noted the city used a reimbursement structure similar to prior small-business agreements. The developer will receive a 75% reimbursement for eligible costs tied to the project’s improvements, consistent with recent local TIF practices.
Council moved and seconded the TIF application and approved it by voice vote.
What happens next: staff will prepare TIF paperwork and the required reimbursement agreement for execution by the mayor and authorized signatories.
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