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Gary redevelopment director outlines inventory, sunsets and limits of city TIF districts
Summary
Redevelopment Director Christopher Harris reviewed 11 tax-increment financing (TIF) districts, their purposes, acreage and projected sunset dates, and told council staff would provide an electronic list with expirations and spending plans.
Christopher Harris, redevelopment director, gave the finance committee a detailed overview of the city’s tax-increment financing (TIF) districts, their histories, project purposes and projected sunset dates, and answered council questions about which parcels and increments feed redevelopment activity.
Harris said Gary has about 11 TIF districts across the city, including the Lakefront TIF (Buffington Harbor area, established 2000, roughly 110 acres, projected to sunset in 2029), the Kirkyard TIF (established 2012, set to expire 2036), the Truck City TIF (established 2007, expected sunset 2037), the County Market TIF (established 2004, projected to sunset 2027), a consolidated Midtown/Downtown TIF used largely for demolition and infrastructure, the Dalton Arms TIF (rehabilitation of an eight‑story apartment building), Madison Townhomes TIF…
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