Kay Shelton says:
July 9, 2009 at 9:43 amMax wrote, “Mac, I was once told that because we’re a “HOME RULE” community we can quite frankly do whatever we please with TIFF funds without showing one dime of increased EAV to account for the expenditures.”
Yikers, someone needs to re-read Illinois state law and it is not Max.
Ivan is correct about the changes to TIF in the City of Chicago, with the catalyst being the occupation of the Windows and Doors factory by workers. Ald. Manny Flores and another Chicago alderman introduced what could be called a TIF sunshine ordinance that passed. DeKalb needs something similar very badly.
Chronicle blogger TommiTwoToneToucan (spelling?) posted an example of a small town in Maine being able to attract businesses. Something else DeKalb needs are TIF Guidelines, click the fifth bullet point down from here:
http://www.freeportecon.com/AboutFEDC.html
This comment and topic deserves its own discussion string.
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