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Taylorville City Council Finance Committee Looking for Infrastructure Funds for New Steak and Shake

The Taylorville City Council Finance Committee had a full agenda Tuesday night, and continued their discussions towards making a new Steak and Shake restaurant happen on the city's northwest side.

The city is working to find the dollars to improve sanitary sewer and roads in that area, to enable the new restaurant to happen.  Consultant Steve Kline brought to the Finance Committee, the idea of enacting a Business Development District in that area, which would have a higher sales tax than the rest of the city, with the money going towards improving infrastructure in that area.

The developers of the proposed Steak and Shake want to know what infrastructure costs they'll have to pay for, or what kind of incentives the City of Taylorville will offer, to get the needed improvements done.

After an extensive discussion, committee members voted to recommend to the full City Council, that Kline's company be hired to determine if a Business Development District will work for the Steak and Shake developers, as well as other potential parcels in the Tax Increment District that's on Taylorville's northwest side.

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