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Evansville Redevelopment Commission adopts resolution to capture full TIF revenue for year
Summary
At its May 20 meeting, the Evansville Redevelopment Commission unanimously approved Resolution 25 ERC 15 to capture all tax-increment financing (TIF) revenue for the coming year, and also approved minutes and accounts-payable vouchers.
The Evansville Redevelopment Commission voted unanimously May 20 to adopt Resolution 25 ERC 15, determining the commission will capture all tax-increment financing (TIF) revenues for the coming year, a procedural requirement under state law.
The resolution, required to be completed by June 15 under state law, was presented by a staff member who described the item as an annual procedural step.…
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