Plan commission backs new Data 1 economic‑development area and TIF allocation
After a presentation by counsel, the Frankfort Plan Commission approved a declaratory resolution recommending that an undeveloped parcel be removed from the ConAgra economic‑development area and placed in a new Data 1 Economic Development Area, which will reset the parcel's TIF term; the decision now goes to the common council.
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The commission reviewed a declaratory resolution from the Redevelopment Commission proposing to remove an undeveloped parcel from the ConAgra Economic Development Area and create a separate Data 1 Economic Development Area intended to house a data center. Dustin Meeks of Barnes & Thornburg explained the change will establish a new allocation area and noted the move is intended to separate that parcel from rules tied to the ConAgra TIF.
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