Carthage, IL – Carthage aldermen have approved the town's Tax Increment Financing District and are looking at different ways to develop it. Mayor James Nightingale says the Carthage Industrial Development Corporation land on the southeast corner of town still needs water and sewer lines. He says the city could bond for the work. It could also convince a developer to install the utilities, then reimburse the builder from its tax increment. He says some developers have told him there could be projects proposed within six to nine months.
Carthage Has TIF District, Seeks Development
