Plan Commission approves TIF allocation-area resolutions for Gramercy development
The Carmel Plan Commission on May 20 recommended approval of three resolutions to establish multiple tax-increment financing allocation areas to support the multi-phase Gramercy project; the items will next go to city council and the Redevelopment Commission.
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The Carmel Plan Commission voted May 20 to recommend approval of three resolutions establishing tax-increment financing (TIF) allocation areas for the Gramercy development, a multipart residential and mixed-use project along Carmel Drive and adjacent parcels.
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