V&A works with East Dundee on Caterpillar site eligibility for TIF
VILLAGE OF EAST DUNDEE, ILLINOIS (with excerpts from chicagotribune.com) – The Village of East Dundee is to the be the location for a new $15 million Caterpillar service/repair center. The Village intends to provide $2 million in tax incentives to advance the project. Village officials are working with Vandewalle and Associates on the eligibility study that will determine whether the property should be added to existing TIF districts or a new TIF district should be created. “We’re focusing on amending the existing TIF district because we’re not actively looking to increase...
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