BOARD TO HEAR REDEVELOPMENT, 378-ACRE TRACT PLANS NOV. 17

The Cape Girardeau County Tax Increment Financing Commission will consider a redevelopment project and a plan for 378 acres at a Nov. 17 hearing.

The 3 p.m. hearing will be at the Cape Girardeau Chamber of Commerce Office at 601 N. Kingshighway.

The 378-acre tract is south of Nash Road, west of Interstate 55 along the southern boundary of Cape Girardeau County and bordered on the north by the diversion channel of the Mississippi River.

The proposed redevelopment plan includes building a manufacturing plant, acquiring land, improving roads, installing utilities and making other site improvements.

The plan proposes the county issue bonds from the Real Property Tax Increment Allocation Redevelopment Act to fund a portion of the improvements.

The proposed redevelopment plan has been prepared by the Southeast Missouri Regional Planning and Economic Development Commission for the TIF Commission.

The plan is available for viewing in the county clerk's office in Jackson during regular courthouse business hours.

Comments should be made to the Cape Girardeau County Tax Increment Financing Commission prior to the date of the hearing.