ROCKFORD, Ill. (WIFR) – The City of Rockford gives a statement regarding the proposed South Rockford Tax Increment Financing (TIF) District.
The statement reads:
The City has been working through the process to finalize the redevelopment plan, take into consideration public comments, and complete the statutory steps required under Illinois Tax Increment Financing (TIF) law. The next step in that process will occur Monday evening, when the proposal is formally introduced and referred to the Planning & Development Committee for further review and discussion on June 22…