OSF block expected to generate property taxes for Peoria — for five years
PEORIA — OSF HealthCare's plan to put its headquarters on the Downtown block previously held by Caterpillar Inc. means that the city of Peoria will still get property tax money — at least for five years."(OSF) would be paying property taxes for the first five years during the tax credit holding period. Following that, most or all of the building would convert to being exempt fro...