City to study feasibility of “East Village” TIF

The City Council wants to see if all or part of the East Bluff recently dubbed “East Village” qualifies as a redevelopment area and tax increment financing (TIF) district. The council will vote tonight on whether to pursue a feasibility and housing impact study of the area that stretches from Arcadia to Adams, spanning three council districts. It surrounds, but does not include, the existing MidTown Plaza TIF. Since OSF St. Francis Medical Center is paying for the consultant, this item will pass easily.

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