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Redevelopment Commission approves 10 annual excess TIF resolutions
Summary
The Crown Point Redevelopment Commission voted to approve 10 annual excess tax-increment financing (TIF) resolutions after a presentation by municipal advisor Greg Garrity that summarized projected incremental revenues and the need to preserve assessed valuation for debt and future projects.
The Crown Point Redevelopment Commission voted to approve resolution numbers 2026‑05‑04‑1R through 10R after a presentation from Greg Garrity, the commission’s municipal advisor from Financial Solutions Group.
Garrity told commissioners he was presenting the annual excess‑TIF resolutions to ‘‘give notice to the county and, as I like to say, the world’’ and to preserve assessed valuation for debt service and planned projects. He reviewed each allocation area’s projected incremental tax revenues for 2027, noting examples such as an estimated…
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