Angola redevelopment commissioners advance TIF plan amendments, authorize contract signings
The Angola City Redevelopment Commission discussed amendments to a proposed tax-increment financing (TIF) economic development plan that lists roughly $35 million in potential projects, debated whether to include a $15 million wastewater upgrade, and authorized a contract signature to start legal work on the district map and deeds.
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The Angola City Redevelopment Commission on Tuesday discussed proposed amendments to its tax-increment financing (TIF) economic development area plan, including removing residential parcels from the district, adding vacant commercial parcels, and whether to include a $15,000,000 wastewater-treatment upgrade as a TIF-eligible project. Commissioners also authorized a staff member to sign a contract to begin preparing legal descriptions and deeds for the district.
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