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TIF 101: Staff to present basics of establishing a Tax Increment Financing district
Summary
Megan Lamb was scheduled to present an overview titled 'T.I.F. 101' explaining how establishing a TIF district could benefit the Village of Carbon Cliff; the item was listed as informational on the President's agenda.
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The board listed a 'T.I.F. 101' presentation by Megan Lamb to explain the basics of establishing a Tax Increment Financing (TIF) district and potential community benefits.
The minutes record this as an informational agenda item; no decision or vote was recorded at the June 3 meeting to establish a TIF district. The entry indicates the board received the overview but did not adopt any related ordinance or directive during this session.
