Monday, July 9, 2012

Hammond Looks to Close Two TIF Districts

From the Northwest Indiana Times:

The Hammond Redevelopment Commission is poised to formally close two tax increment financing districts Tuesday.

Mayor Thomas McDermott Jr. has announced the city would close the North Hammond and Unilever allocation areas but action is required by Redevelopment commissioners.

The commission will meet 4:30 p.m. Tuesday in council chambers at Hammond City Hall, 5925 Calumet Ave.

http://www.nwitimes.com/news/local/lake/hammond/hammond-panel-might-close-two-tifs-at-tuesday-meeting/article_05128868-929b-5c49-95dd-f393ecec67ee.html