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Maywood board hears Madison Street/Fifth Avenue TIF amendment, approves minor change
Summary
Village staff and a TIF consultant presented a First Amendment and 10‑year report for the Madison Street/Fifth Avenue TIF; the board approved a minor amendment and set further action on the larger amendment.
Village of Maywood officials presented a proposed First Amendment to the Madison Street/Fifth Avenue Tax Increment Financing (TIF) Redevelopment Project and Plan during a public hearing at the Dec. 15, 2020 special Board of Trustees meeting.
Mayor Edwenna Perkins convened the hearing, and Village Manager Willie Norfleet, Director of Community Development David Myers, TIF consultant Philip McKenna and Village Attorney Michael Jurusik reviewed a 10‑year status report and the First…
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