Janesville50.2°

Janesville TIF No. 26 grows by 185 acres

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MARCIA A. NELESEN
July 28, 2009
— An expanded southside TIF would give flexibility to the city's economic development team to attract new business to vacant industrial buildings and give the city additional economic development tools it doesn't have now.

At least that's the opinion of Brad Cantrell, the city's community development director. And it appeared good enough for the city council, which voted unanimously to add 185 acres to TIF No. 26. Council member Russ Steeber was absent.


Expanding the district will allow the council to entertain proposals at a time when flexibility is desperately needed, Cantrell said.


The new TIF would put several vacant businesses, including General Motors, within a half-mile radius, extending the TIF advantages to those areas.


The council also voted to allow Habitat for Humanity to sell property it owns on Cherry Street so it can build another home nearby.


The city had donated the properties to the organization, and the council had to remove deed restrictions from the property.



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