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DeKalb works on ready-made property tax-abatement package
By Chris Rickert - City Editor
DeKALB - Taking a cue from their counterparts in Sycamore, DeKalb officials are looking to put together a ready-made property tax-abatement package that would involve all local taxing bodies and would be used to try to attract major industry to the city.
On Wednesday, the city council approved sending a draft of the plan to the Economic Development Committee for review. The committee will then forward its recommendations to the council.
Assuming aldermen go along with the plan, it would be up to the city to get seven other taxing bodies - most significantly the DeKalb School District - to sign off on it.
The draft distributed Wednesday would give local taxing bodies the option of offering warehouse and industr
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