City Officials Considering Business Revitalization Plan
City officials are working with Moran Economic Development in exploring the creation of a business district in Mt. Carmel. City Clerk Ryan Turner said the proposed business district would run from 10th and Market to 2nd and Walnut and includes parts of Mulberry Street. Moran has told city leaders that an additional sales tax running from a quarter percent to 1% would be used to fund the business district…
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If approved, only businesses within the proposed business district would be subject to an increase in the sales tax. Mayor Joe Judge said the proposed area already includes an enterprise zone and TIF district. The business district would be an added asset…
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At the city council on May 15th, Moran representatives are expected to provide more details on the proposal before it proceeds.