Lombard Development Committee discusses TIF money plans at meeting
The Village of Lombard’s Economic and Community Development Committee discussed how to use tax-increment financing (TIF) funds during its first meeting of 2016 on Monday.
The agenda included a review of goals, plans and priorities for 2016 Downtown TIF funds.
The committee also discussed a report containing economic-indicator data for the village, including its economic standing against previous years and compared with other villages in DuPage County and in Illinois.
The committee also will hear a status report on the Lombard Town Centre downtown development project.