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Business leaders share support for proposed Mattoon Sports Complex – Journal Gazette / Times-Courier

MATTOON — Business leaders have voiced support for the proposed $66 million Mattoon Sports Complex and its economic development potential.

That support was among the public comments and questions that were shared after a presentation on this complex at the Mattoon City Council meeting Tuesday night in Burgess-Osborne Auditorium.

James Rieck, franchise owner for Express Employment Professionals in Mattoon, said he had wondered how the complex might affect property taxes but has since been pleased to hear that this project’s financing is designed to not place burden on the community’s residents.

“It’s for the good of the community. It’s for the development of the community,” Rieck said.



John Hansen, managing director for IRR corporate and public finance, helps give a presentation on the proposed Mattoon Sports Complex at the City Council meeting Tuesday night in the Burgess-Osborne Memorial Auditorium.




Mattoon-based Rural King has offered to donate 96 acres for development of the complex near the southwest corner of Illinois Route 16 and Interstate 57. The development area would total 150 acres, with indoor and outdoor sports components on the 96 acres and with hotels, restaurants and stores on adjacent land owned by Rural King.

Prospective developers have said the complex would be owned by a planned nonprofit corporation, not the city; and that the city would not be the issuer of the $49.4 million in bonds for the project

The bonds that would be paid off over 30 years with new property tax, sales tax and other revenue generated by the development, not existing revenue. Other funding sources would include donations, $10 million; grants, $4 million; and a bank loan, $10.4 million.

Mattoon resident Brian McMichaels said he feels that Rural King should fund the project itself, and that the city should prioritize improving its aging roads and water infrastructure over pursuing a sports complex.



Sam Mazard, a volunteer with the Mattoon in Motion community planning group, speaks after the Mattoon Sports Complex presentation at the City Council meeting Tuesday night in the Burgess-Osborne Memorial Auditorium.




Sam Mazard, a volunteer with the Mattoon in Motion community planning group that is helping with the sports complex proposal, said community members have expressed interest in economic development that will help prevent Mattoon from being a dying town. He said the sports complex can be a positive change toward that development.

“Think about what you want and what you want to do to accomplish that mission,” Mazard said. “Think about your ‘why’ and let’s …….

Source: https://jg-tc.com/news/local/govt-and-politics/business-leaders-share-support-for-proposed-mattoon-sports-complex/article_9314a022-07e5-11ed-9711-0f3bfa2691b2.html

MATTOON — Business leaders have voiced support for the proposed $66 million Mattoon Sports Complex and its economic development potential.

That support was among the public comments and questions that were shared after a presentation on this complex at the Mattoon City Council meeting Tuesday night in Burgess-Osborne Auditorium.

James Rieck, franchise owner for Express Employment Professionals in Mattoon, said he had wondered how the complex might affect property taxes but has since been pleased to hear that this project’s financing is designed to not place burden on the community’s residents.

“It’s for the good of the community. It’s for the developm…….

MATTOON — Business leaders have voiced support for the proposed $66 million Mattoon Sports Complex and its economic development potential.

That support was among the public comments and questions that were shared after a presentation on this complex at the Mattoon City Council meeting Tuesday night in Burgess-Osborne Auditorium.

James Rieck, franchise owner for Express Employment Professionals in Mattoon, said he had wondered how the complex might affect property taxes but has since been pleased to hear that this project’s financing is designed to not place burden on the community’s residents.

“It’s for the good of the community. It’s for the developm…….

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