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Village manager says draft East Ogden and Lincoln (Route 53) TIF plans nearing review; Committee to see both drafts
Summary
Village staff told trustees a consultant completed field work for two draft TIF plans (East Ogden and Lincoln Avenue/Route 53). The plan drafts will be presented together to the Committee of the Whole; public hearings and joint review board steps will follow.
At the March 17 Committee of the Whole meeting, Village Manager Herb Mode reported that SP-Friedman completed field work on two proposed tax-increment financing (TIF) districts — one on East Ogden Avenue and the other on Lincoln Avenue/Route 53 — and that draft plans are available for review.
Mode told the committee staff and counsel expect to bring both draft plans back to the Committee of the Whole (aiming…
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