October 20, 2005

TIF Hearing

Council will finally vote on creating a Tax Increment Financing District (TIF) for Lake Highlands. If Council approves the creation of a TIF, the City would be required to use any taxes resulting from our increased property values to make specific improvements in our community for the life of the TIF. We will have the opportunity to begin to deal with rehabilitation and redevelopment of properties, updating infrastructure, and parkland acquisition and improvements in our neighborhood.
You can show your support by attending the public hearing on October 26. Let’s pack the Chambers to show Council that District 10 residents vehemently support a TIF in Lake Highlands. The public hearing is scheduled Wednesday, October 26, 2005, at 1:00 pm in the Council Chambers (6th floor).
Please pass the word to your neighbors and friends. I look forward to seeing each of you on October 26.
- Bill Blaydes