Redevelopment commission approves TIF amendment to expand Petersburg Road design
The Vanderburgh County Redevelopment Commission approved using tax-increment financing to cover increased design and construction costs for an expanded Petersburg Road project; commissioners said the road is long overdue and heavily traveled.
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The Vanderburgh County Redevelopment Commission voted Sept. 2 to allow tax-increment financing (TIF) from the Burkhart Road Economic Development Area to cover increased design and construction costs tied to an expanded Petersburg Road project.
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