REVISING PARTICIPATION FEES FOR BUSINESSES LOCATED WITHIN THE BLOOMINGTON URBAN ENTERPRISE ZONE AND A TAX INCREMENT FINANCE AREA THAT RECEIVE AN
ENTERPRISE ZONE INVESTMENT DEDUCTION
This ordinance increases the participation fee to the Bloomington Urban Enterprise Association for business located in the Enterprise Zone that receive an Enterprise Zone Investment Deduction (EZID) and are located in a Tax Increment Finance District from 20% to 29%, with the increased portion to be paid by the BUEA to the City to partially offset lost TIF revenue
| Committee |
2013-03-06 |
|
7-0 (Rollo, Spechler absent) |
|---|
| Final |
2013-03-27 |
Passed |
9-0 |
|---|
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