Beautiful Downtown Peoria

Beautiful Downtown Peoria

Tuesday, June 10, 2008

HIZ & BDD Schedule

The City Council has authorized that the required consulting studies be performed to support the creation of the Hospitality Improvement Zone (HIZ) Tax Increment Financing District (TIF) and the Business Development District (BDD). We have completed the Property survey work, and the first draft of the studies are underway. Based on our survey work, we believe the district is qualified for both the TIF and BDD will both be qualified under State law.

We estimate that the HIZ & BDD will be ready for a public hearing before City Council on the 2nd Tuesday in October, and for their consideration for approval on the 4th Tuesday in October 2008. Info and schedule of future meetings and actions are on the blog below.

About Me

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City Planner, Colonel, Marine Corps Reserve Retired, Vietnam Vet, married to Beth Ruyle