Monday, April 29, 2013

Herald-Times Reports Westside TIF District Could Expand in Monroe County

From the Bloomington Herald-Times:


In what could be a sign of improving economic health, the Westside Tax Increment Financing District might be getting a little larger.

Expanding Monroe County’s Westside TIF District will be on the agenda for the Monroe County Plan Commission at its meeting Tuesday. An expansion must be reviewed by the plan commission and the Monroe County Board of Commissioners before going to the Monroe County Redevelopment Commission for a public hearing.

The plan commission will make a recommendation based on how the TIF expansion fits into the county’s comprehensive land plan, said Larry Wilson, planning director.

“The plan commission makes sure it is compatible with the comprehensive plan and other plans for the area,” he said.

This is the first expansion of the Westside TIF since 2008, and Wilson said the plan commission has not seen many requests from properties wishing to be included in the county’s TIF districts in recent years.
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See the full article here: