Board Bill Number 115 | Session 2022-2023

Second Amended and Restated Tax Increment Financing Redevelopment Plan

Summary

This Board Bill adopts a Second Amended and Restated Tax Increment Financing Redevelopment Plan; approves Redevelopment Projects for RPAs 4, 6, and 8; adopts tax increment financing within RPAs 4, 6, and 8; establishes related sub-accounts of the Special Allocation Fund; and establishes a Strategic Infrastructure for Economic Growth Fund for receipt of up to 10% of TIF Revenues pursuant to Section 99.821 of the TIF Act.

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Overview

Session: 2022-2023

Introduced: 10/28/2022

Sponsor: Tina (Sweet-T) Pihl

Latest Activity: Second Reading

Legislative History

Legislative activities and outcomes for this board bill. Learn more about what these activities mean.

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