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Village Council approves a villagewide CRA, TIF agreement for schoolhouse
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Village Council approves a villagewide CRA, TIF agreement for schoolhouse
At the group’s most recent regular meeting, Monday, Nov. 17, Village Council members again turned their attention to two related, but distinct, economic development incentive tools that the Village aims to implement in the near future. By majority vote, Council approved two ordinances, both read as emergencies: the establishment of a community reinvestment area that overlays the entirety of municipal limits, and the authorization of a tax increm…
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