Tuesday, October 7, 2008

Change in TIF law threatens downtown Morris businesses

House Bill 773 is advancing through the legislative process, on its way to becoming law.  

According to the Illinois Enterprise Zone Association, HB-773 will expand the Prevailing Wage law to include nearly every construction and renovation project in TIF districts, and will require Prevailing Wage even for even those undertaken by private businesses.  

In plain English, businesses and property owners in TIF districts will be required to pay union scale wages anytime work is done on their building or equipment.

According to the Illinois Enterprise Zone Association, the result will be a massive escalation of cost for virtually all work done by private businesses in TIF Districts. 



Read the article from the Illinois Enterprise Zone Association here.

Follow the progress of the bill here.

9 comments:

Anonymous said...

Mayor Dicky is supported in all sorts of ways by the local carpenters union.

Would he not be be a good buddy back when bill 773 passes and he can keep the TIF district running another 13 years.

There is close to 2500 parcels in the district. Can anyone say YAH BABY KA-CHING!!!

Anonymous said...

The off the charts union wages are one of the reasons that buildings fall into shambles in the first place. Most property owners cannot afford to pay the outrageous union rates to get the buildings up to snuff, couple that with some radical off the wall building inspector that was planted by the union and you have a problem.

Anonymous said...

This is another reason why Morris should not extend the TIF.

Anonymous said...

Downtown businesses will have to pay union scale, but not Walmart, since it isn't in the TIF.

Anonymous said...

Their has been massive purges of voters in the primaries. Be sure to check your registration and polling place. Don't take a chance on losing your vote in November.

Make sure you are registered to vote by the deadline in your state, and find out where you vote on election day. Many voters went to the polls in the primary election and discovered they weren't on the registration rolls. Don't let that happen to you.

Call your local election office (Grundy County Clerk's phone number is 815-941-3222) today to make sure your vote counts. Spread the word.

Anonymous said...

The combination of TIF extension and HB773 will be devastating to small businesses in TIF districts. It will result in the deterioration of downtown buildings, and a decline in property values in downtown. Tell the mayor "NO" to the TIF extension.

Anonymous said...

AS a downtown business owner this kind of big government telling me who i must hire scares the hell out of me.

Anonymous said...

Ditto with shopgirl for me. After several startup years of struggling we finally got to a point to purchase the old building from the landlord. The landlord who did as little as possible to keep the systems up and running, but charged the hell out of us as tenants I must say. Now that we own it we have tried to make upgrades as we could afford, but given this possible House Bill I can tell you it will be time to just close my doors. I only pay myself $20K a year to do this and it will surely put me in the red as soon as I hire my first "required" union contractor. Not cool with me. I'll close the business, hope to rent the building if not sell it and watch it deteriorate with the rest of downtown once again. How shameful.

Anonymous said...

Which came first the chicken or the egg?

I love how the mayor appointed Brian Feeney then Brian turned around and gave the mayor a $20,000.00 a year raise.