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Redevelopment Commission approves $2.46 million in appropriations for downtown, Jacobsville and Arts District
Summary
On April 1 the Evansville City Redevelopment Commission approved four appropriation resolutions totaling $2,457,656, plus routine approvals of minutes and the accounts payable voucher register; commissioners voted to approve the appropriations as a block after a brief public hearing.
The Evansville City Redevelopment Commission on April 1 approved four appropriation resolutions that move a combined $2,457,656 into accounts to fund work in the Downtown TIF area, downtown streetscape projects, the Jacobsville redevelopment area and the Arts District. The commission also approved minutes from its March 18 meeting and approved the accounts payable voucher register.
The commission opened a public hearing on a set of four resolutions and read highlights of each resolution before taking a single, block vote. Resolution 25 ERC 11 authorizes $1,210,419 for the Downtown tax increment financing (TIF) area to be placed into two separate accounts. Resolution 25 ERC 12…
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