Downtown TIF Up For A Vote | WGLT

Downtown TIF Up For A Vote

Oct 23, 2016

Credit Michael Hill / WGLT

A Tax Increment Financing District in downtown Bloomington could receive approval from the city council Monday.

The area, which was originally part of a rejected hotel proposal from developer Jeff Giebelhausen, includes the Front and Center block. The city council held a public hearing for the TIF earlier this month.

Council members will also consider approving upgrades to the Creativity Center. Nearly $1 million in mostly private funds have been raised for the upgrades, such as the roof and heating, venting and air conditioning systems. The city would have to undergo a study to make plans for the facility, as the current study is outdated. Repairs could be made as soon as Spring 2017, but city officials are hopeful they can be made sooner.

On another matter, Aldermen will vote on spending $1.7 million on sewer rehabilitation in the city.