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Commission approves TIF declaration for District Flats economic development area

5433539 · February 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Planning Commission approved Order 2025-01 declaring the District Flats economic development area and its tax-increment financing (TIF) support for a roughly $17 million, 100-unit project; roll-call vote passed 7–1.

The Kokomo City Planning Commission voted Feb. 11 to approve Planning Commission Order 2025-01, a declaratory resolution establishing a site-specific Tax Increment Financing (TIF) district for the District Flats economic development area.

Staff and counsel described the District Flats project as a proposed roughly $17,000,000 development of about 100 residential units located on South…

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