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July 31, 2014, 2:25 am
970 WMAY News

East Springfield TIF Closer To Realization


East Springfield is closer to realizing a new Tax Increment Finance district that will be instrumental in securing a planned Schnucks just off Dirksen Parkway and South Grand.

 

An ordinance being considered by the Springfield City Council would lay out the boundaries for the second TIF on the east side.

 

Alderman Doris Turner, who requested the TIF, says the planned Schnucks in her ward will act as an anchor for other development and will also encourage already established businesses in that area to upgrade their properties.

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