Redevelopment Commission amends University Parkway economic development plan to carve out three allocation areas
The commission voted to amend the University Parkway declaratory resolution to carve out roughly 110 acres into three new allocation areas (residential, multifamily and commercial) as a first step to capture TIF revenue for the Old Farmer Reserve project.
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The Vanderburgh County Redevelopment Commission voted July 15 to approve a resolution amending the declaratory resolution and economic development plan for the University Parkway Economic Development Area so that roughly 110 acres proposed for the Old Farmer Reserve can be carved out into three separate allocation areas.
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