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Council briefed on possible Parkway I‑280 TIF amendment and new business district; public‑hearing schedule proposed

Rock Island City Council · January 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Moran Economic Development staff outlined a proposal to expand the Parkway I‑280 TIF by 57 parcels and to create a business district over an overlapping area, citing statutory findings of blight/underutilization and proposing a timeline of joint review board and public hearings in February–April.

Jared, representing Moran Economic Development, briefed the Rock Island City Council on a proposal to amend the Parkway I‑280 Tax Increment Financing (TIF) district to add 57 parcels and to establish an overlapping business district.

Jared said the amendment and the business‑district process have similar statutory requirements and that the proposed area shows…

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