An ordinance being discussed at Tuesday’s committee of the whole meeting could give the University of Illinois Springfield a larger presence downtown.
The ordinance would give TIF assistance to a contractor, taking a vacant parking lot on the corner of East Madison St. and North 4th Street and turning it into an apartment and office building for UIS.
The TIF funding would be about $700,000. The total project expected to cost a hair under $10 million. A majority of the building would house graduate students, increasing the university's presence downtown.
The story was reported by WICS-TV 20 on April 28, 2015.
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