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Pana Council gives Lake TIF preliminary nod

(PANA) — The Pana City Council met on Monday night and made short work of their agenda during their regular session in the Council Chambers of Pana City Hall. Among the items approved was the first reading of an ordinance to establish a Tax Increment Financing (TIF) District at Lake Pana, unanimously.

While the measure gained first reading approval, The Councilwillneedtogiveita final approval at their next meeting on Tuesday, Feb. 14, 2023.

The proposed TIF District will encompass all of the area around Lake Pana. While not raising property taxes around the lake, any increase in property tax revenues will be designated for the TIF Fund to be used for infrastructure improvements and business development or expansions for property inside the District. Second reading approval to an ordinance to include the

Zoning Office Assistant and the staff in the Treasurer’s Office in the city’s employees union was unanimously approved.

The purchase of property by Joe Coleman of Pana at 11 W. Washington St. was approved. Bid price was $1,800.

While voting in favor the ordinance, Fourth Ward Alderman Kirk Woods mentioned the city should be getting back its investment in property improvement before a sale.

“Nothing against Joe (Coleman), but we spent $6,000 to tear down the house on that property and it seems like we should at least recoup our investments as we continue to sell these properties,” he said.

Also approved was the 10-year lease with Oak Terrace for property where they have a sign for the business. It is located where Fair Ave. and Poplar St. come together, commonly known as “The Wedge.”

First reading approval was given to the redevelopment agreement with Sam and Melissa Bonney for Sparrow Bicycle Co. for property at 115 S. Locust St., formerly Daniels ApplianceStore.Theagreement calls for the city’s TIF Fund to supply $23,500 for repairs to the roof, renovation of the office and retail space, installation of a new HVAC system, signage and acquisition of the property.

An ordinance to adopt the 2020 version of the National Electrical Code was approved. City Attorney Steve Mahrts said currently, the Pana Zoning Code uses a version of the code which was approved in the early 1990’s.

The Council passed a resolution to approve a pre-annexation agreement with Carol James at 257N 2700E Road.

Several adjustments for sewer charges to residents stemming from the very cold weather and frozen water lines during late December were approved.

Amotiontoseekquotesfor a new squad car for the Pana Police Department was passed.

The meeting adjourned at 7:16 p.m. Next meeting of the Pana City Council is Tuesday, Feb. 13, 2023, at 7:00 p.m. in the Council Chambers of Pana City Hall. The meeting is a day later than usual due to the city’s observance of the Lincoln’s Birthday holiday on Monday, Feb. 12.

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