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TAX INCREMENT FINANCING COMMISSION (TIF)

The Tax Increment Financing (TIF) Commission is an advisory body whose purpose is to consider proposals for redevelopment areas utilizing tax increment financing. The TIF Commission is composed of nine members: six individuals appointed by the Mayor, two individuals appointed by the school districts which have territory within the redevelopment area, and one individual appointed to represent all other taxing districts in which the redevelopment area is located.

A proposal to establish a TIF district must contain the following elements: a specific, defined redevelopment area; one or more redevelopment projects within the redevelopment area; and a redevelopment plan detailing how tax increment financing will be used to implement the proposed project.

TIF proposals are presented to the TIF Commission for their review and consideration in open meetings. Following the TIF Commission's review and deliberation, which can take as long as the members feel is necessary and must include a public hearing, the Commission makes a recommendation to the City Council regarding the establishment of the redevelopment area and the associated redevelopment plan and project. The decision to establish the redevelopment area and implement the redevelopment plan is made by the City Council.

The TIF Commission does not meet on a fixed, regular schedule. The Commission is convened whenever a viable TIF proposal is received by the City. The Commission generally meets several times to consider a TIF proposal. The members determine the dates and times of their meetings. All meetings of the TIF Commission are posted in City Hall  in advance and are open to the public.

Members are:
Ann Hazelwood Matt Brown
Thomas Houska Rebecca Craig
Thomas Boschert Bob Houck
David Arns Bernie Weinrich
Phyllis Schneider Mick Wills
Matt Johannesman  
City Administrator  
   
   
   
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