The Pekin City Council met Monday and took the following action:
1. Approved an inducement resolution in a unanimous vote to enable Dr. Aaron Rossi and Dr. Gerald Paul to open PAL Health Technologies II. The factory closed a year ago just prior to the former owners filing for bankruptcy.
The new owners will start out with 30 employees and, within five years, move forward to 75 employees. Rossi said the majority of the employees hired thus far are from Pekin. The city will provide up to $150,000 from the Downtown TIF to the company. The company will be eligible for other assistance such as $25,000 for employee training for other TIF eligible expenses. The money will come from the Central Business District TIF because the news Southern Industrial TIF does not have funds in it yet “because it’s a very young TIF.”
The developer is also eligible for any state Enterprise Zone incentives. City Manager Tony Carson said the city was able to put the package together for the company in five days. Rossi said the city of Bloomington had been working on it for four months.
Rossi said the company hopes to start production on April 2.
2. Approved supplemental Motor Fuel Tax resolution in the amount of $228.20.
The resolution was required to document the credit the city received from the Peoria Pekin Urbanized Transportation Study in 2016. It was not paid in 2016, so it is being transferred and recorded now.
3. Approved the low bid from Insituform Technologies USA, LLC in the amount of $172,040.30 for the lining of the combination sewers on Washington Street from Sixth Street to Fifth Street, Park Avenue from Sixth Street to Fifth Street, and on Fourth Street from Washington Street to Winter Street, along with lining the manholes.
The sewers there are over 100 years old. These sewers, according to city Engineer Mike Guerra, were selected based on the type of sewers, size of sewers and need for rehabilitation. The sewer on Washington was found to be creating a sinkhole in the roadway and needed to be sealed to prevent further decay. The sewer on Park Avenue had a partial collapse at the intersection of Fifth and Park that required the city to install a temporary patch approximately two years ago. Fourth Street was selected to provide a stable sewer to prevent possible damage to the newly resurfaced Fourth Street roadway last year, Guerra said.
The city received four bids from $172,040.30 to $248,760.00. The lowest bid was approximately 18 percent over estimate.