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Washington council approves 101 Washington Square TIF deal, trims nuisance abatement payment window
Summary
The Washington City Council on Aug. 18 approved a redevelopment agreement for 101 Washington Square by a 7–1 vote, unanimously shortened the payment window for nuisance abatement charges from 45 to seven days, and approved multiple commercial-improvement grants and appointments.
The Washington City Council on Monday approved a redevelopment agreement for 101 Washington Square after a discussion about the property's status and the city’s remaining TIF resources.
At the heart of the debate was whether the city should commit additional TIF funds without clarity on ongoing projects. An alderperson who pressed staff for details said, "I don't know that I support putting more money in here without knowing some of those other unknowns of, potential other buildings and projects that may require significant, you know, TIF funding." The…
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