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Village approves minor amendments to East Ogden and Lincoln Avenue TIF reports to update 2024 EAV and housing-certification language
Summary
The Village of Lisle board approved ordinances making minor changes to the East Ogden Avenue and Lincoln Avenue (Route 53) TIF district reports to incorporate 2024 equalized assessed valuation data and to restate housing-impact certification language consistent with statute.
The Village of Lisle board voted Aug. 18 to approve minor amendments to two tax-increment financing (TIF) district documents to incorporate updated 2024 equalized assessed valuation (EAV) data and to clarify housing-impact certification language.
The ordinance updates are largely technical and were prepared by S. B. Friedman Development Advisors LLC, the village’s consultant on the TIF reports.
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