Moline: Re-developing SouthPark a “top priority”
Moline City Administrator Lew Steinbrecher will give an update on the city’s top priorities for 2013 Tuesday.
Steinbrecher will present the plans at the Committee of the Whole meeting at 6:30 Tuesday evening. The city can now move forward with its plans because SouthPark’s new property assessment has been determined.
Rock Island County recently changed SouthPark’s property assessment from $16 million to just $12.5 million. SouthPark’s owner, Macerich, had wanted the mall’s property assessment dropped to $10 million, but the county decided on a higher number.
On November 27, the Moline City Council tabled a vote on giving the SouthPark Mall a tax increment financing or TIF district to redevelop the area. That’s because the city wanted to wait to see if the county would drop its property assessment.
Now that the county has done that, the city should vote on the TIF in April. The city also wants to build a John Deere Road entrance to the SouthPark Mall to make traffic flow easier.