By: Diane Benjamin
Remember when the Town of Normal bought the former Sprague’s Service Station, 305 Pine St?
Taxpayers paid off Terri Ryburn’s mortgage – $229,000.
The taxpayers paid Terri $5,000.
Taxpayers bought the lot next door for $24,000.
Taxpayers replaced the parking lot – $148,000
The total so far is $406,000!
Then add the $9,633 reported on the TIF documents. That brings the total to $415,633. Don’t forget Ryburn gets to live on the property for a whooping $120 per year.
I thought the point of buying the property was to be a Route 66 roadside attraction. All the tourists would flock to Normal and then on to Bloomington.
The Sales Tax revenue would fill city coffers!
I wonder if Terry is relaxing in Florida? Arizona?
Does the Town Council know their building is closed and not generating revenue?
Do they know it’s always closed in January and February?