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Council accepts tax-incentive review council report and recommendations
3004681 · March 18, 2025
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Summary
Urbana adopted Resolution 2709-25 accepting the Tax Incentive Review Council’s (TIRC/TURC) report on enterprise zone and community reinvestment area agreements and its recommendations; staff noted all companies with agreements are in compliance or have proposed amendments where needed.
Urbana City Council approved Resolution 2709-25 Tuesday to accept the Tax Incentive Review Council’s (TIRC/TURC) March 6, 2025 report on the status of enterprise zone and community reinvestment area agreements.
City staff summarized the TIRC meeting results, saying the majority of…
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