The Mount Carmel City Council has approved TIF funding to support the relocation and expansion of TJD Electric in the Southgate Industrial Park.
City Clerk Ryan Turner explained that business owner Tony Delgado recently purchased city-owned property in the industrial park for $25,000 to build a new facility. After review, the city’s TIF advisors recommended approving a $50,000 one-time TIF grant through TIF District 6.
Under the agreement, the first $25,000 will reimburse the city’s general fund for the property purchase, while the remaining $25,000 will go toward site improvements and construction costs once the project is complete.
Delgado told council members that site work is underway and that, weather permitting, construction could begin this week with hopes of having the new building under roof before the end of the year.
Council members unanimously approved the funding, supporting another step forward in the city’s efforts to grow business activity in the Southgate Industrial Park.