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TURN OVER FILE - DIRECTOR OF ECONOMIC DEVELOPMENT



Craig Hullinger AICP retires from the City of Peoria 6 November 2009. This is the summary of the turn over file. The Department has outstanding people - three economic development specialists and an administrative assistant.



Feel free to call or email anytime:



309 634 5557   Hullingerc@gmail.com     http://ruhu12.com/






Susan Schlupp has 11 years total with the department during two different periods, and 16 years total with the city. She has the most knowledge of Economic Development in the city, and is the senior person in the department.

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Bobby Gray has over 3 years with the Department and 5 with the city. He is very capable. He has a very substantial knowledge of the city, and is the second senior specialist in the department.

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Rachael Parker has 3 years with the Department and 8 years with the EDC. She has an excellent retail and regional economic development background, and manages our loan programs and Enterprise Zone.

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Stephanie Grayson Doss is our administrator, also working as a Development Specialist with 5 years with the department. She has an excellent knowledge of the city, public relations, and marketing.

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MAJOR ASSIGNMENTS





Susan Schlupp is the lead specialist for a number of programs, including:
Real Estate Management
Budget
Project Management
Business Retention & Financial Incentive Programs
Enterprise Zone – Sales Tax, Property Tax Abatement, DZO

__________________

Bobby Gray is the lead specialist a number of programs, including:
TIF
Southern Gateway
Warehouse
Hotel and Hospitality Improvement Zone
Renaissance Park

__________________

Rachael Parker is the lead specialist a number of programs, including:
Façade Programs
Business Development Loans
Opportunity Center Project – Mixed Use Incubator
Impact Zones (School / Neighborhoods)
Enterprise Zone – Sales Tax

__________________

Stephanie Grayson Doss is the lead on
Administration
Software
Finance
Payroll
Commission & Committees








HULLINGER PROJECTS - WHO WILL ASSUME



Susan Schlupp



Real Estate Management
Council Exec sessions buy and sell real estate
Developer recruitment
Lawcon Grant – land replacement
Business Retention
Budget
Financial Incentive Programs
Developer recruitment
Advertising Enterprise Zone
Sales Tax, Property Tax,
DZO





Bobby Gray


PHA
Taft Redevelopment
Rivertrail Drive
Tax Increment Financing (TIF) – All ten
Southern Gateway
New Market Tax Credits
Hotel Improvements
BDD
Sustainable Development Park Green Energy Grants






Rachael Parker




Enterprise Zone
Sales Tax
Façade Programs
Business Development Loans
Opportunity Center Project – Mixed Use Incubator
Impact Zones (Sc


-hool / Neighborhoods) Retail Site Marketing Grants

Save The Date December 7, 2009 2:00 pm

PEORIA SUSTAINABILITY FORUM


The Commission on Sustainability and Green Technology will present their reports to Mayor Ardis and the City Council at the Peoria Sustainability Forum. The meeting will be held Monday December 7, 2009 at 2:00 pm at the Gateway Building.
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The report will outline the work of the five Committees who have studied how to "green" our city and region. Short presentations from each committee chair will be made.
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Everyone interested in this issue is invited to attend.

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Thursday, November 5, 2009


40 Leaders Under 40 Honored



Congratulations to the 40 leaders under 40 recognized last night, especially our leaders in Economic Development and Government:


Chris Setti - City of Peoria


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Jessica Moroz - Heartland EDC

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Scott Sorrel - County of Peoria
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Jennifer Daley - Morton Economic Development Council
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Pamela Anderson - City of Pekin



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Wednesday, November 4, 2009


New Market Tax Credits

Some Good News from Vice President Jerome Sullivan of the Great Lakes Capital Fund.

Great Lakes Capital Fund is a not for profit organization that applied for New Market Tax Credits to assist the Build the Block and Hotel projects in Peoria

They received $26,000,000 in New Market Tax Credits. Mr Sullivan will advise the city on the next steps.



The general guidelines are driven by the requirements of the U. S. Treasury department. Great Lakes Capital will use the New Markets Tax Credit allocation to provide a below market interest rate (and interest only) loan for 7 years. Final pricing will be determined based upon future interest rates but rates currently would be fixed at 3% to 4% interest rate.

Additionally, Great Lakes would allow for higher Loan to Value levels.

Downtown Peoria fits most of the categories below:

1) Projects are located in Low Income Communities. These are generally Census Tracts that are eligible for Community Development Block Grants funds.

2) serve low-income residents… i.e. if a project isn’t located in a LI Census Tract, but will provide jobs, goods & services to Low Income Residents, that could qualify as well

3) create jobs (esp. jobs for low income residents). A manufacturing operation that relocates to a LI Census Tract (or expands its facility that’s already in a LI area, would be a prime investment). Hotels provide jobs, neighborhood shopping centers provide jobs, goods & services, … etc.

4) revitalize low income communities (i.e. a mixed use project in a neighborhood or small town commercial district .. commercial 1st floor & apartments above).

5) Green developments (LEED certified and/or Alternative Energy projects)

6) Rural developments

7) At least $5 million in Total Dev. Costs


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“GREEN” SCULPTURE PARK - PEORIA, ILLINOIS

The City of Peoria has many quality sculptures. The City is also leading the expansion of “Green” Technology and Sustainability. A Green Sculpture Park could be developed that would be artistic and “green”, incorporating recycled materials, wind and solar energy, etc. into the design.




A program modeled on the successful Sioux Falls, South Dakota program could be created.
www.sculpturewalksiouxfalls.com . Each year new sculptures are displayed in downtown for one year, and become a tourist attraction. After one year the sculptures are replaced by new sculptures. The sculptures are for sale and people vote for their favorite.










The Civic Center could sponsor this event, with sculptures mounted in Civic Center green space. As the event grew it could cascade down Fulton and on to the Build the Block Campus. http://buildtheblock.com.

The sculptures would be a major tourist attraction.







The Green Sculpture Park Could start small on the green space at the Civic Center, then expand down Fulton Street to Build the Block and the River.
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