Board to consider Wal-Mart request at tonight's meeting. The village of Glen Carbon could lower its debt by an estimated $1.8 million if it issues alternate revenue bonds to pay off the obligation to a developer in TIF 1, Finance and Administrative Director Patty Thiede told the Finance and Administrative Committee Monday night.
TIF 1 includes Wal-Mart, which is currently seeking variances to the village building code to permit it to expand the mall complex into a super center. Some 20 shops and services plus the movie theater would be demolished to provide space for the expansion. The village board will consider the request at its meeting that starts at 7 p.m. tonight in the Village Hall Council Chamber.
