Rolling the die on a tax incremental financing agreement for a speculative building on Capitol Circle last year may have paid off for the Janesville City Council.
Economic Development Director Gail Price says the City Council is considering another TIF agreement Monday night, and this time it’s with the tenant who will occupy the 100,000 square foot space.
Price says as part of agreement the City would provide a $110,000 forgivable loan in exchange for creating 57 living wage jobs.
In 2015 the City Council approved a TIF agreement with Dollar General for a one million square foot distribution center.
