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Council adopts TIF‑13 amendment to enable Modern II apartment redevelopment
Summary
Council adopted ordinances to amend the TIF‑13 redevelopment plan, define amended boundaries and enable tax‑increment financing for a Modern II project that will add at least 67 apartment units; council said this completes the final step of the amendment process after a public hearing and joint review board recommendation.
The Moline City Council voted to adopt a package of measures amending TIF‑13 to include a small adjacent parcel in support of the Modern II redevelopment project.
Staff described the amendment as the final step in a process that included a November 4 report, a public hearing advertised and held Dec. 22, and a joint review…
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