Posts tagged ‘TIFs’

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…)

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PDA-IL: Gray Panthers and TIFs

by , posted on Thursday, October 11th, 2012 at 9:58 am

from the Progressive Democrats of America-Illinois

Kathryn Pensack of Gray Panthers Chicago speaks on the plans for a TIF forum in Chicago, and the need for TIF reform.

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PDA IL–TIF Abuse: The Hyatt Hotel and Hyde Park Schools

by , posted on Thursday, August 16th, 2012 at 2:02 pm

from PDA-IL

PDA IL joins the Chicago Teachers Union, Chicago Teachers Solidarity Campaign, Gray Panthers, Northern Illinois Jobs for Justice, Unite Here and National Nurses United among other labor unions and Hyde Park community activists to protest against the use of property taxes going to fund the building of a new luxury hotel in Hyde Park while schools face millions of dollars in cuts.

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Bickerdike TIF Training

by , posted on Thursday, August 16th, 2012 at 2:00 pm

from the Grassroots Collaborative

Over 20 Bickerdike activists attend a training to learn about Tax Increment Financing (TIF) and how the inequality of TIF distribution is effecting our neighborhoods, schools, libraries, and parks.

August 7, 2012.

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Grassroots Collaborative: Fulton on the River Action, Chicago, August 7th

by , posted on Thursday, August 9th, 2012 at 9:27 am

from the Grassroots Collaborative

Shut down the LaSalle Central TIF!

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