The Aurora City Council Tuesday night established the review board and public hearing for a new tax increment financing district.
The proposed Farnsworth-Bilter TIF District is tied to the Hollywood Casino resort project at Farnsworth Avenue and Bilter Road, next the Interstate 88 interchange.
Aldermen voted 10-1 this week to establish the Joint Review Board – which is made up of all the other taxing bodies in the proposed TIF district – and the public hearing on establishing the district before the City Council…
The TIF district is contemplated as part of the incentives for the Hollywood Casino resort. The casino plans to move to the location near Interstate 88 from its current site in downtown Aurora.
