News

Special Sales Tax Paying Off

Special Sales Tax Paying Off

Photo: Newsradio WTAX

A special sales tax to pay off bonds for development on South MacArthur Boulevard seems to be paying off.

Springfield Economic Development Director Mike Farmer says interest from other retailers is helping to spur growth in the Legacy Pointe development.

“We are seeing an uptick in retail sales. We are a destination for people beyond our traditional borders. The best economy is a diverse economy so we strive to bring the fullest menu we can in terms of an economic base,” says Farmer

The money from the 1-percent tax is being used to pay off bonds that were issued for roads and sewers in the area. It’s reached $1 million in revenue since being established in 2011. Farmer says he still expects an outlet mall to announceĀ its plans later this summer.

Recent Headlines

in Local

Higher Speed Limits Expanding to Tollroads: Senate Overrides Vetoes

speed limit 70

The Illinois Senate has overridden the governor's vetoes of bills raising speed limits in Illinois.

in Local

Supreme Court Decision: Illinois May Have To Set Up Its Own Website

online-health-620x400

Illinois may have to set up its own insurance webpage because of U.S. Supreme Court's ruling on Affordable Care Act.

in Election 2014, Local

Governor-Elect Rauner Prepares To Take Reins of Illinois’ Government

governor's mansion

Governor-Elect Bruce Rauner busies himself with plans for taking reins of Illinois' government.

in Local

Heroin Kills: Man Sentenced To 24 Years For Dealing Lethal Drug

heroin

A Pekin man is given 24 years in prison for selling heroin that prosecutors say killed at least three people.

in Local

Springfield Fire Captain Arrested for Wielding Gun

gun

The Menard County Sheriff's office says a Springfield Fire Department captain has been arrested for carrying a shotgun into a rural Athens home and threatening residents.