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Council approves Viva White Oak TIF resolution with committee amendments
Summary
The County Council unanimously approved a committee‑amended resolution creating the Viva White Oak Tax Increment Financing district (approx. 294 acres) to support public infrastructure; bond issuance will be authorized separately and the resolution includes conditions on park delivery and allowable off‑site road improvements.
The Montgomery County Council approved a resolution on Feb. 18 to create the Viva White Oak Development District, a tax‑increment financing (TIF) district covering roughly 294 acres in the county’s east near the FDA and Adventist Hospital. The joint economic development and government operations/fiscal policy committees recommended approval with two amendments, and the council adopted…
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