WASHINGTON COUNTY, Tenn. (WJHL) – The Washington County Commission approved a proposal for more than $750,000 in tax increment financing (TIF) to fund two Johnson City Development Authority (JCDA) projects downtown. Those projects include capital improvements and roofing replacements at the John Sevier Center and a security camera system at the Downtown Centre. In total, […]
“These developments will require extensive site improvements and infrastructure, of which the TIF will be a key mechanism to assist in the funding of said improvements.”
The owners of Chicago restaurants Smoke Daddy, Frasca, Remington’s, the Perch Kitchen and Tap and others on the North Side are looking to open their first suburban location of Crosby’s Kitchen in Niles, according to the restaurant group. Plans call for the suburban eatery to be located on the site of Wildwood Tavern, which has closed permanently, its owner confirmed last week. Derek Rettell, .
The University Park Village Board signaled Tuesday it won’t dissolve a tax increment financing district before the end of the year, as requested by school officials, because of agreements and issues with submitting TIF reports to the state. In September, Crete-Monee District 201-U officials requested the board dissolve TIF V before the end of the year so the funds can go back to the district .
It’s time for Brandon Johnson to say whether or not he supports the redevelopment of LaSalle Street. The mayor’s first budget suggests he doesn’t. But he and his administration have yet to provide badly needed clarity on that question. The issue: The mayor reclaimed $434 million in money stashed in tax-increment financing districts to balance his budget, by far the single biggest source he .