Politics & Government
Plainfield Eyes Route 30 TIF District
Board will meet Monday to discuss eligibility study; also on the agenda: Tax levy hearing, Goldfish Swim School.
The Plainfield Village Board is scheduled to meet Monday for its annual tax levy public hearing, along with voting on a proposal to create a TIF district along Route 30 from Renwick to Spangler.
Trustees will vote on a proposed $78,200 contract with Chicago-based SB Friedman Development Advisors to complete a TIF (tax increment financing) eligibility study, along with a redevelopment strategy for the Route 30 corridor.
A TIF district is a way of subsidizing improvements in a specific area by having a municipality pay for the work upfront and then be reimbursed by the increased taxes generated by the improved district.
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Also on the agenda
The village will hold a public hearing Monday on the proposed 2014 tax levy prior to the board’s vote.
Trustees are also expected to vote on an annexation agreement and rezoning request for the proposed site of Goldfish Swim School at 12315 S. Rhea Drive.
Find out what's happening in Plainfieldfor free with the latest updates from Patch.
The swim school currently has locations in Naperville and Burr Ridge.
The meeting is at 7 p.m. Monday at Village Hall, 24401 W. Lockport St. Meetings are also posted to the village’s YouTube channel.
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