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Planning commission approves TIF declaratory resolution for Fairway development, $33 million investment
Summary
Kokomo City Planning Commission on Aug. 12 approved a finding that a declaratory resolution and economic development plan for the Fairway redevelopment area conform to the city development plan, clearing a step toward TIF financing for a proposed multifamily project with an estimated $33 million investment.
The Kokomo City Planning Commission on Aug. 12 approved Planning Commission Order No. 202504, finding that a declaratory resolution and economic development plan for the Fairway redevelopment area conform with the city’s development plan and may proceed toward tax-increment financing (TIF) actions.
TJ, a planning presenter recorded in the meeting, told the…
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