The City of Pontiac is requesting proposals from developers who may be interested in acquiring, developing and using a certain building and real estate owned by the City and located within a tax increment finance (TIF) district known as TIF District No. 1.
The City presently owns one building which is being offered for sale and which is legally described as follows:
Tract No. 1: The West 20 feet of Lot 7 in Block 43 of the Original Town, now City of Pontiac, Livingston County, Illinois. Index No. 15-15-22-426-003 Commonly known as 314 N. Main Street, Pontiac, IL 61764
The above building and real estate is situated in the Central Business District of the City and are assigned a B-2 (Central Business District) zoning classification.
Questions regarding the property and requests for appointments to examine the buildings shall be directed to:
- Jim B. Woolford, City Administrator,
- City of Pontiac - 115 W. Howard Street Pontiac, IL 61764
- Telephone (815) 844-3396 | www.pontiac.org