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West Central Reporter

Friday, November 22, 2024

Brown County approves infrastructure funding

Vote

Morguefile.com

Morguefile.com

Voters in Brown County approved the Mount Sterling Referendum on Nov. 6. 

The question read: “Shall the City of Mt. Sterling, Brown County. Illinois, finance the acquisition, construction, installation and rehabilitation of various capital related projects, including, but not limited to, certain infrastructure and road improvements for an Uptown Revitalization Project within the TIF city Redevelopment Project Areas, including, in connection with said work, acquisition on of all land or rights In land, mechanical, electrical, and other services necessary, useful, or advisable thereto, and issue Its bonds to the amount of $800,000 for the purpose of paying the costs thereof, said bonds being payable from (i) the distributive share of incremental taxes derived from the TIF City Redevelopment Project Areas and (ii) ad valorem taxes of the City for which its full faith and credit have been irrevocably pledged, unlimited as to rate or amount?”

With 100 percent of the votes counted, the Mt. Sterling referendum had 412 votes in favor and 246 opposed.

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