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Flossmoor board unanimously approves first step toward Southwest TIF district - HF Chronicle
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Flossmoor board unanimously approves first step toward Southwest TIF district - HF Chronicle
The Flossmoor Village Board unanimously approved the first step Monday toward creating a new tax increment financing (TIF) district in southwest Flossmoor, with village officials arguing the designation is needed to overcome infrastructure costs that have discouraged development for years. Trustees voted to approve an ordinance setting a public hearing for the proposed Southwest Flossmoor Redevelopment Project Area No. 2, beginning the statutory…
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