Plainfield RDC forms task force, pauses bond plan for Village at Plank Road
Commissioners asked staff to convene a task force and pause issuing bonds while they evaluate a developer request tied to the Village at Plank Road project, saying the bond structure and feasibility study did not clearly justify a multi-decade TIF pledge.
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Philip Clay, president of the Plainfield Redevelopment Commission, opened discussion on the Village at Plank Road (Drinkard) bond and infrastructure request and invited developer representatives Steve Dyson and Alyssa Woolard to speak.
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