Tag: portillos payoff

Written by Diane Benjamin - editor

Hum, Uptown Circle

By:  Diane Benjamin Memory Lane: Remember when Normal promised to pay Bloomington Landmark Development around $1,825,000 to bring Portillos to town? The documentation said Sales taxes will easily cover the cost in about 7 years:    https://blnnews.com/2016/12/02/portillo-town-monday-night/ That was in December of 2016. Just over a year later Normal wrote a huge check to Bloomington Landmark […]

Written by Diane Benjamin - editor

Normal: Found in the financial statements

By:  Diane Benjamin If the Comptroller’s office ever does their job, comprehensive TIF reports will be available.  So far they don’t have the software completed to allow entry of information.  Information from 3/13/17 for Normal and 4/30/17 for Bloomington isn’t complete. Normal’s 3/31/17 financial statements: http://www.normal.org/DocumentCenter/View/12750 PDF page 30: The Uptown TIF Fund reported a […]