This week’s mayoral discussion focuses on economic development and tourism. The DGreport asked Mayor Brian Krajewski and Commissioner Ron Sandack to consider the role the mayor plays in furthering economic development in this community, especially in light of the village council’s 2006 decision to establish and fund an Economic Development Corporation. Their answers appear here [...]
Q: The village made a significant commitment to our town’s future economic development and tourism by establishing and funding the Economic Development Corporation. Please outline the mayor’s role in furthering this process, the types of development/tourism you would like to see our town attract, and any other related issues you’re interested in pursuing, for example, [...]
Q: The village made a significant commitment to our town’s future economic development and tourism by establishing and funding the Economic Development Corporation. Please outline the mayor’s role in furthering this process, the types of development/tourism you would like to see our town attract, and any other related issues you’re interested in pursuing, for example, [...]
Q: Many residents are confused about Downers Grove’s TIFs and how they do or don’t benefit our community. Please explain the TIFs that are in place, why you do or don’t support them, and any alternatives you would be in favor of enacting. A: A Tax Increment Financing District (“TIFâ€) is a tool used by [...]
Q: Many residents are confused about Downers Grove’s TIFs and how they do or don’t benefit our community. Please explain the TIFs that are in place, why you do or don’t support them, and any alternatives you would be in favor of enacting. A: Tax Increment Financing (“TIFâ€) is a program that allocates future increases [...]
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