tif district

Representatives from local taxing districts that levy property taxes within the proposed redevelopment area, along with a village representative and a public member, make up the Joint Review Board. #southbarrington #redevelopment

The city of Springfield bought the plot of land, known locally as the “Y-Block” north of the Governor’s Mansion for $1.5 million in 2014 using funds from the downtown’s TIF district. #tax #park #centersquare

Breaking the contract, Stillwell warned, would expose the village to costly lawsuits while still obligating Sugar Grove to comply with the agreement’s terms. #contract

Eminent domain is when the government uses its power to take property belonging to private citizens for public use. #TinleyPark