Talks continue in efforts to reach TIF agreements

December 1st, 2005    Author: Rodney Beckwith    Filed Under: News

The board of Batavia Township Trustees met in executive session with their law director on Nov. 28, a meeting which they later confirmed was to discuss legal matters concerning the possible formation of Tax Increment Financing districts within the township. The TIF district is designed to provide a method of funding projects such as road and water and sewage improvements through capturing property tax revenues before they are passed on to the state.

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