Posts tagged ‘City of Aurora’

Aurora TIFs – A New Vision for Our City

by , posted on Monday, February 11th, 2013 at 8:00 am

I hope that readers take the time to attend the Aurora City Council meeting on Feb. 12th at 6:00 p.m. in the city council chambers, 2nd floor of city hall, 44 E. Downer Place, Aurora, IL. If you want to address the City Council should notify the City Clerk’s Office at (630) 256-3070

Being discussed and voted on at this meeting is the appropriations of $750,000 of taxpayer money to fund a development project in downtown Aurora.

The project was written about by Stephanie Lulay of the Aurora Beacon News. For reading with much more inflammatory political rhetoric you may wish to consult the Aurora Openline blog.

To read the details of the resolution, you can read the downloadable agreement that was already approved by the Aurora Finance Committee.

This latest TIF deal has me asking lots of questions about our city’s TIF policy. This one certainly has “politically connected insiders” written all over it, but other developers and “businessmen” have taken the city for a ride in the past.

(more…)

Share