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Commission forwards Twinning Station TIF plan to budget committee with positive recommendation
Summary
The steering committee voted to send the La Verne Twinning Station tax increment financing (TIF) proposal to the budget committee with a positive recommendation after hearing developer presentations and an independent economic analysis projecting significant one-time and annual economic impacts.
County commissioners voted to forward the Twinning Station tax increment financing (TIF) proposal to the budget committee with a positive recommendation after hearing detailed presentations from the city of La Verne's counsel, the developer and economic analysts.
Land Elliott of Equitable Property Company and consultant Lana Suit (Younger Associates) described a mixed-use development on roughly 77 acres with approximately 630 residential units, about 164,000 square feet of commercial and an…
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