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Redevelopment Commission adopts City Hall redevelopment plan, confirms TIF allocation area
Summary
The Hammond City Redevelopment Commission on April 15 adopted a confirmatory resolution that designates the City Hall redevelopment area as an allocation area for tax-increment financing, incorporating technical corrections previously approved by the Plan Commission and City Council.
The Hammond City Redevelopment Commission voted unanimously April 15 to adopt a confirmatory resolution that designates the City Hall redevelopment area as an allocation area for tax-increment financing under Indiana law.
Dan Bowdich, who presented the designation to the commission, said the City Hall redevelopment area generally covers parcels along Calumet Avenue from 50th Street south to 160th Street and is intended predominantly for commercial development. "The intent predominantly is for commercial development and for…
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