Metro East Sun

The Belleville City Council voted in favor of an agreement with Moran Economic Development to create a new Tax Increment Financing (TIF) district in the Bellevue Plaza district during its May 15 meeting.

It was noted that Belleville has 24 TIF districts that set aside tax money from property owners within the boundaries to be used for development and economic improvements. Mayor Patty Gregory pointed out that four have closed this year, and one was paid off 10 years early. Economic Development Director Clifford Cross shared his concerns, however.

“But I think the concern is, is [a $28,000,] $29,000 investment to what we have going on over there, a bad investment? Will it work? No guarantees,” Cross said. “I mean, I won't sugarcoat it. But we've got to do something to create a strategic redevelopment plan for that corridor to revitalize and anchor it and quite honestly, stabilize that portion."

Belleville resident Michael Hagberg spoke at the meeting during the public comment section, saying he was against creating a new TIF district.

“I’m not in favor of rewarding property owners for pocketing rent money and failing to invest in the upkeep of their property,” Hagberg said.

Hagberg added that there was one vacant building in the area that was in an enterprise zone. Property owners were eligible for a five-year, 50% tax abatement there.

Alderman Kent Randle agreed with Hagberg, saying the only part of the area that was damaging the economic status was the unpaved parking lot. He added that he was unsure of the $29,000 investment into TIF district 3, which would be allowed if the Bellevue TIF district was created.

Councilman Johnnie Anthony did not agree with Hagberg, saying that the area needed a facelift and help to get an anchoring business to move in after McDonald’s closed.

“The corner itself needs help. And, we don't have a lot of tools in our box to try to address that,” Anthony said.

Economic Development Director Clifford Cross added, “Inaction is not an option at this point. We've got to find out how to address that corridor.” 

Randle was the only alderman to vote against, and the motion passed in the council.