Thursday, May 24, 2018

Senate Approves Normal's TIF Extention Request

The Illinois Senate approved the Town of Normal's request to extend the Uptown TIF District for 12 additional years. The Town of Normal Uptown TIF District was created in 2003 and is set to expire in 2026. The town requested to extend the district through 2038 and worked with all the affected taxing bodies to receive their approval and support for the plan. The legislation now heads back to the House for approval in that chamber

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