The City of Moline will unveil its plans to create a new Tax Increment Financing (TIF) district on the city’s east side at a public meeting today, June 19.
Residents are invited to attend an open house at 5 p.m. at Moline City Hall. City staff will give an overview of the new Eastgate TIF Redevelopment Plan and Project. The meeting will be in the Committee of the Whole conference room.
A copy of the plan, including a boundary map of the areas proposed to be included in the TIF district, is available for public inspection at the City Clerk’s office. This is the latest proposed TIF for the city, which has used the tool to drive economic development across Moline.
An ordinance approving the new Eastgate TIF district will advance to a second reading Tuesday, June 20, at the Moline City Council meeting.
