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Banks get upper hand in yearslong fight after federal rule changes, court interpretation.
Developers estimate the project would bring 500 permanent jobs and generate $85 million in tax revenue.
Mayor hopes bill moves by year’s end.
Drivers say they want better wages, an ability to set rules and to address punishments.
As measure falters, sponsors call for halting tax credit that was passed in 2019.
“We will provide an update when we have a decision to share,” the team said in its statement.
Ryan McCrady, CEO of The Springfield Sangamon Growth Alliance stopped by The WTAX Morning NewsWatch
Asking price for the former Sangamo Club was around $600,000.
Senate approves bill aimed at addressing concerns, but House punts the issue.
Gas tax increase suspended while new taxes on businesses plug revenue hole.