MOLINE — Aldermen will be asked tonight to consider amending the Enterprise Zone to assist Trimble Funeral and Cremations Centers with a relocation and expansion.
According to council documents, Trimble asked that the property at 701 12th St. be included in the boundary, which would make new development at the site eligible for Enterprise Zone benefits.
According to the Illinois Department of Commerce and Economic Opportunity, businesses that locate or expand in an Enterprise Zone can be eligible for exemption of sales taxes on building materials and an investment tax credit of .5 percent on qualified property.
Moline also waives building permit fees to companies in the Enterprise Zone, said Pat Burke, the city's economic development manager.
According to council documents, the state needs Trimble's current location for the new Interstate 74 bridge, so the company must relocate.
Trimble is proposing to build a new funeral home and cremation center on 12th Street, as well as CityView, a reception center.
Council documents say the project will retain 10 full- and part-time employees and create up to 25 new jobs.
The Enterprise Zone expansion would have to be approved by East Moline, Silvis, Milan and Rock Island County, which participate in an intergovernmental agreement that sets the Enterprise Zone boundaries. Mr. Burke said expansion of the zone also requires DCEO approval.
The Moline City Council will hold a public hearing on the proposed zone expansion at 6:45 p.m. April 23. The city council likely will not formally vote on the expansion until mid-May.
Tonight's committee of the whole meeting begins at 6:30 p.m. on the second floor of city hall, 619 16th St. The city council meeting immediately follows.
Agendas are available at city hall or moline.il.us.
Today is Monday, March 10, the 69th day of 2014. There are 296 days left in the year. 1864 -- 150 years ago: Numerous counterfeiters are around, taking advantage of the influx of currency to pass their worthless trash. 1889 -- 125 years ago: J.J. Reimers, secretary and treasurer of the Rock Island Lumber and Manufacturing Co., on behalf of that firm, contributed $500 toward construction of a new Methodist church. 1914 -- 100 years ago: Samuel Ryerson, county recorder, was re-elected president of the 19th District of Knights of Pythias. 1939 -- 75 years ago: Three condemnation suits have been filed by the city of Rock Island to acquire property needed for an approach to the Rock Island-Davenport bridge, which has been under construction since March 6. 1964 -- 50 years ago: Plans for an eight-story Sheraton Inn in downtown Rock Island were announced today at a luncheon meeting at the Gay Nineties sponsored by the Rock Island Chamber of Commerce. Cost of the structure is estimated at $2.5 million. 1989 -- 25 years ago: Representatives of the Hardee's Golf Classic and tournament sponsor Hardee's Food Systems may meet next week with PGA Tour Commissioner Deane Beman to discuss a possible change in the tournament dates.