CFO reports master facilities work and TIF developer name change request from Carpentersville
CFO updated the committee on master facilities planning and said the Village of Carpentersville requested a ministerial update to an intergovernmental agreement (changing the named developer for a TIF); district counsel reviewed the TIF paper and advised it contains no substantive changes beyond the developer name.
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The CFO provided an update on master facilities planning and reported the Village of Carpentersville has submitted a request to update an intergovernmental agreement (IGA) related to a previously approved tax increment financing (TIF) area.
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