Westmont cancels public meeting on new TIF proposal
The village of Westmont on Wednesday announced that a public meeting scheduled for later this month to get feedback from the public on the implementation of a new tax-increment financing district in Westmont has been canceled.
The public hearing pertaining to the new South Westmont Business District TIF District that was scheduled for Thursday, Dec. 13, has been canceled, said Westmont Community Development Director Shannon Malik.
On that date, at the Westmont Village Board Committee of the Whole meeting, options for a new date will be discussed.
Village Manager Ron Searl said the meeting was canceled because one of the taxing bodies that will be affected by the TIF was not notified in the time required under the law to do so, and that it will be rescheduled to allow every taxing body and residents a chance to speak up on the issue.
For the past year, the village has been working with a consulting firm to establish its first TIF district along the area of 63rd Street and Cass Avenue as a way to increase redevelopment in the area.
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