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Kokomo City Council hears title-only reading of ordinance to authorize TIF bonds for District Flats
Summary
At a council meeting, members heard a title-only reading of Ordinance 71-82, which would authorize taxable economic development tax-increment revenue bonds, series 2025, to support the District Flats project; no vote was taken.
The Kokomo City Council heard a title-only reading of Ordinance 71-82, which would authorize the issuance of Kokomo City taxable economic development tax-increment revenue bonds, series 2025, to support the District Flats project. The ordinance title was read by the clerk and presented to council by Councilman Mickle; no vote or final action was recorded in the transcript.
The ordinance, as read aloud, would authorize issuance of “taxable economic development tax increment revenue…
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