A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF BLOOMINGTON, INDIANA, APPROVING CERTAIN MATTERS IN CONNECTION WITH THE FORMATION OF A CERTAIN ECONOMIC DEVELOPMENT AREA
This Resolution originated from the Bloomington Redevelopment Commission to establish the new Summit District Economic Development Area, the Summit District EDA, and a part of that Area, Shasta Meadows, as an allocation area having a residential housing program. Assuming the statutory process is completed, this will establish what is commonly referred to as a Residential Tax Increment Financing (TIF) area for the Shasta Meadows allocation area. Allocation areas for the remainder of the Summit District EDA will be created as development plans further advance.
| Final |
2026-04-22 |
pass |
9-0 |
|---|
Download
