Belleville resets meeting on TIF plan for hotel-restaurant project near Shrine

The Belleville City Council will meet Wednesday night for a vote on tax incentives for developers of a proposed upscale hotel, conference center and Hofbrauhaus restaurant across Illinois 15 from the National Shrine of Our Lady of the Snows.

The council originally was scheduled to meet Monday night but the meeting was canceled because of a lack of a quorum.

Aldermen will vote on whether to accept the site’s Tax Increment Financing redevelopment plan and send it to all underlying taxing districts and state officials.

Keller Enterprises of Effingham has proposed the plans for the $50 million-plus project. Under a development agreement approved by the city Feb. 17, the company could earn up to $15.69 million in various rebates from the city. Keller representatives have said they cannot develop this project without the tax incentives.

A TIF district would allow the city to collect a portion of the property taxes owed at the site, a percentage of which would then be given to the developer.

The final vote for the tax incentives is slated to be in May.

Supporters of the project say it will create jobs and boost the economic outlook for the Shrine. Opponents have raised questions about the city’s vetting of the developers and the use of tax incentives.

The council will meet at 7 p.m. Wednesday at City Hall at 101 S. Illinois St.