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About the Economic Development CommissionThe mission of the Economic Development Commission shall be to study the current status of economic development with the City, to propose strategies to the City Council for retaining existing business, attracting new industry and retail business, and to suggest policies which would help promote general economic development.
Notice for the next Economic Development Meeting can be found HERE. Agenda for the next Economic Development Meeting can be found HERE. |
Red Bud Business Park:
The City of Red Bud purchased 50.58 acres of property in 2017 with the intent to develop light industrial/commercial lots to promote economic growth within city limits. With this investment, the City is looking to attract businesses that need access to multi-modal transportation and are searching to be a part of our local community. Red Bud offers a true "R4 Advantage" with multi-modal transportation available via road, rail, river, & runways. Located just 36 miles southeast of St. Louis, Missouri, Red Bud is situated in the northwest corner of Randolph County, Illinois. Its strategic location provides easy access to the St. Louis and Metropolitan area, while serving as the major crossroad location for State Highways 3, 159 and 154. The capability to move products to and through Mississippi River ports is available through the Kaskaskia Regional Port District, located just 5 miles east of the Red Bud Business Park via State Route 154. We invite you to visit our community, witness the established industry, and envision your opportunity to make a global impact in Red Bud, Il.
For more detailed information please view:
Red Bud Business Park Marketing Guide
Intersect Illinois Red Bud Business Park Property Report
The City of Red Bud purchased 50.58 acres of property in 2017 with the intent to develop light industrial/commercial lots to promote economic growth within city limits. With this investment, the City is looking to attract businesses that need access to multi-modal transportation and are searching to be a part of our local community. Red Bud offers a true "R4 Advantage" with multi-modal transportation available via road, rail, river, & runways. Located just 36 miles southeast of St. Louis, Missouri, Red Bud is situated in the northwest corner of Randolph County, Illinois. Its strategic location provides easy access to the St. Louis and Metropolitan area, while serving as the major crossroad location for State Highways 3, 159 and 154. The capability to move products to and through Mississippi River ports is available through the Kaskaskia Regional Port District, located just 5 miles east of the Red Bud Business Park via State Route 154. We invite you to visit our community, witness the established industry, and envision your opportunity to make a global impact in Red Bud, Il.
For more detailed information please view:
Red Bud Business Park Marketing Guide
Intersect Illinois Red Bud Business Park Property Report
Economic Development Incentive Programs
The City of Red Bud offers the following economic incentives to industrial, commercial, and retail businesses. Please be advised that eligibility requirements vary for each program.
The City of Red Bud offers the following economic incentives to industrial, commercial, and retail businesses. Please be advised that eligibility requirements vary for each program.
1.Property Tax Abatement Program
This program allows businesses who own real estate and expand their facilities to abate the city portion of the property taxes. The amount and length of the abatement are determined by the amount of dollars spent on the project and the number of jobs created and retained in relation to the project.
This program allows businesses who own real estate and expand their facilities to abate the city portion of the property taxes. The amount and length of the abatement are determined by the amount of dollars spent on the project and the number of jobs created and retained in relation to the project.
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2.Sales Tax Rebate Incentive Program
Upon completion of an expansion project, this program allows businesses to earn a rebate on new sales tax levels. Base sales tax (the amount of sales tax prior to expansion project) is used to determine what sales tax is eligible for rebate. Rebate rate is a ¼ of 1%. The length of the rebate is determined by eligible project costs.
Upon completion of an expansion project, this program allows businesses to earn a rebate on new sales tax levels. Base sales tax (the amount of sales tax prior to expansion project) is used to determine what sales tax is eligible for rebate. Rebate rate is a ¼ of 1%. The length of the rebate is determined by eligible project costs.
| ordinance_1015.pdf |
3.Revolving Loan Programs
The following loan programs are available to businesses located within the City of Red Bud. Please see the application packet for additional details on the following:
A. Micro-Loan: The intent of this program is to provide low-interest rate loans to small businesses for small projects such as roof replacement, HVAC replacement, small expansion projects, ad operating expenses. Maximum loan amount is $50,000.
B. Revolving Loan: This loan program is designed to provide gap funding for projects that exceed $50,000. The City's goal is to be a financing partner together with your equity and a conventional (primary) lending institution. Maximum loan amount is $500,000.
The following loan programs are available to businesses located within the City of Red Bud. Please see the application packet for additional details on the following:
A. Micro-Loan: The intent of this program is to provide low-interest rate loans to small businesses for small projects such as roof replacement, HVAC replacement, small expansion projects, ad operating expenses. Maximum loan amount is $50,000.
B. Revolving Loan: This loan program is designed to provide gap funding for projects that exceed $50,000. The City's goal is to be a financing partner together with your equity and a conventional (primary) lending institution. Maximum loan amount is $500,000.
| revolving_loan_application_packet.pdf |
4.Enterprise Zone
The City of Red Bud along with local governments throughout Monroe and Randolph Counties established an Enterprise Zone in 2019, with updates done in 2023. Parcels of property within the established zone can apply for a certificate to be used for purchasing building materials less sales tax.
Monroe-Randolph Enterprise Zone Map
The City of Red Bud along with local governments throughout Monroe and Randolph Counties established an Enterprise Zone in 2019, with updates done in 2023. Parcels of property within the established zone can apply for a certificate to be used for purchasing building materials less sales tax.
Monroe-Randolph Enterprise Zone Map
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5. Facade Grant Program
This program provides funds to encourage property owners to improve their building's "curb appeal" as well as provide grants to beautification projects for properties within city limits as deemed appropriate.
This program provides funds to encourage property owners to improve their building's "curb appeal" as well as provide grants to beautification projects for properties within city limits as deemed appropriate.
| facade_grant_program.pdf |
Eligibility requirements, terms, and conditions vary for each program listed. For more information, please contact City Hall at 618.282.2315. Email inquiries can be sent to [email protected]
Economic Development Commission
Commission Member |
Position |
Term Expiration |
Rodney Nevois |
Chairman |
Length of Term as Council Member |
Orvel Cox-Commercial |
Member |
2026 |
Jonathan Tallman-Education |
Member |
2026 |
John Larry Ingalls-Education |
Member |
2026 |
Warren Frank-Comm/Tourism |
Member |
2027 |
Greg Birchler-Agriculture |
Member |
2027 |
Cole Stenzel-Finance/Lending |
Member |
2028 |
Gale Stellhorn-Transportation |
Member |
2028 |
Mike Reed-Retail |
Member |
2028 |
Jennifer Gregson-Health Care |
Member |
2028 |
Stuart Langrehr-Finance/Lending |
Member |
2029 |
Clem Esker-Waterways |
Member |
2029 |
Vacant |
Member |
2027 |