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Markham adopts West 159th Street Corridor TIF package
Summary
The council waived readings and adopted a package of ordinances establishing the West 159th Street Corridor TIF Redevelopment Project Area and Plan (ordinances 26-O-2431, 26-O-2432, 26-O-2433). The measures passed unanimously.
The Markham City Council on Jan. 21 approved a package of measures to establish and adopt the West 159th Street Corridor Tax Increment Financing (TIF) Redevelopment Project Area and Redevelopment Plan. Council waived the 48-hour reading and adopted the related ordinances by roll call vote (4-0).
Council members framed these ordinances as steps to enable redevelopment activity along the West 159th Street corridor. The package includes designation of the redevelopment area and adoption of the TIF plan and tax increment financing mechanism. Proponents said the TIF will support redevelopment activity in the corridor; council did not record substantive public objections during the meeting.
Implementation will proceed through city staff and legal counsel to finalize boundaries, project lists, and any developer agreements tied to the TIF plan.
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