The Salem City Council Monday night, will be asked to keep the one-percent grocery sales tax in place. The state is dropping the tax that is currently collected statewide and letting municipalities decide if they want to continue collecting it.
The council will also act on four tax increment finance agreements.
Abby and Alex Williams, who are purchasing the building at 100 North Washington, are seeking $100,000 in reimbursement for TIF-eligible expenses in relation to the purchase, remodel, and revitalization. They plan to invest money in the building that will shore it up structurally and also have plans to open a business in the first-floor retail space. In a separate agenda item, they are requesting a special use permit for the continued use of apartments above the first story. The planning commission gave its unanimous approval.
Aaron Robb is seeking TIF agreements on two buildings he has recently constructed. City staff is recommending $137,000 worth of TIF-eligible expenses he incurred while constructing the building at 331 South Hotze for his trucking business that would be reimbursed over an eight-year period.
Robb is also seeking TIF assistance for the building constructed at 2028 West Main Street. The proposal is for $843,000 worth of TIF-eligible expenses over a ten-year period.
A conversion of Inducement Resolution to TIF agreement with Shawn Garrett for a building he proposes to construct at 2010 West Mitchell will also be considered. It would provide 100 percent of the property tax increment generated by improvements for eight years.
The council will also consider approval of a mortgage on the Salem Theatre property as collateral on a $50,000 loan. The loan would be used during the renovation of the theatre now underway.
The meeting begins at six on Monday night at Salem City Hall.
