Peoria City Council Meeting

The Peoria City Council held a meeting on June 9, 2026, which included several proclamations recognizing Juneteenth, Pride Month, and Migraine and Headache Awareness Month. The council approved the May 2026 actual expenditures and June 2026 anticipated expenditures for the town. A significant procurement-related discussion involved a commercial development project in the Warehouse TIF district, where WS Investments proposed a $5.5 million renovation project. The city plans to reimburse the developer up to $1.1 million through property tax increment financing, with a structured reimbursement split starting at 75% to the developer and 25% to the city, eventually adjusting to a 50/50 split. The council unanimously approved this development agreement. Additionally, the city manager and finance director presented the April 2026 unaudited financial report, highlighting revenue and expense trends and discussing pension contributions and fund balances. No other contract awards or RFPs were noted during the meeting.