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Joliet council approves $1.35 million TIF draw to fund Rock Run roadway improvements
5751668 · September 3, 2025
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Summary
The City Council authorized Draw 13 from Tax Increment Financing District No. 7 for $1,353,970.01 to pay for public improvements tied to the Rock Run development, principally roadway work; the city said bonds backed by future taxes on the development will repay the cost.
The City of Joliet on Sept. 2 approved a $1,353,970.01 draw from Tax Increment Financing (TIF) District No. 7 to fund public improvements for the Rock Run collection development.
City staff told the council the money will be used for public infrastructure in the Rock Run project, with the bulk of the draw…
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