But that's $0.00 with the magic TIF discount | Bleader

Tuesday, July 15, 2008

But that's $0.00 with the magic TIF discount

Posted By on 07.15.08 at 09:21 AM

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"The walkway was supposed to cost $4 million and be financed through the Central Loop tax increment financing district. Instead, Walsh will be paid $8.1 million. Walsh was the 'lowest qualified bidder' after a seemingly lower bid was ultimately deemed to be higher."

Also worth noting: Fran Spielman doesn't mess around, either as a reporter or a writer. More on the Central Loop TIF here.

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