Pekin's West Campus transfers ownership

By WEEK Producer

October 15, 2013 Updated Oct 15, 2013 at 10:34 PM CDT

PEKIN,Ill -- The fate of Pekin's West Campus has been decided.

The city council tonight approved an agreement allowing a developer to demolish what remains.

The proposal was approved on a 6 to1 vote.

It transfers ownership of the property to a title company for one dollar.

It will hold West Campus until the developer is ready to demolish it.

The name of the developer is not being released.

Emotions ran high during the meeting and several "Save West Campus" supporters left after the vote was final.

"I don't think it's a good deal for residents in Pekin. Residents I've heard from aren't for it," said lone vote Council member, Tim Golden. "I try to represent residents, and not out of town developers and people who can't take the time to come in here to the meeting and introduce themselves."

"I think it's the consensus of staff and the consensus of the City Council that this is the best opportunity to solve a long term problem for the city that wasn't of our making and to move it forward for the benefits of the citizens of the town," said City attorney Burt Dancey.

For its part , the city of Pekin will work with the un-named developer to create a Tax Increment Finance District and rezone the property to the "most lenient zoning class available".

Also, the liens the city placed against the property will be forgiven under this deal, totaling more than 40,000 dollars.

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