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City of Janesville considers amending project plan for TID 32

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The City of Janesville works to stretch the life out of a mixed use tax incremental financing district created in 2008.
The City is considers amending the project plan for tax incremental financing district 32 for the third time.
Economic Development Director Jimsi Kuborn says the Plan Commission will hold a public hearing before considering the amendment at their meeting (Tuesday) evening.
TID 32 represents about 398 acres along North Wright Road, Enterprise Drive, and East Racine Street.
The amendment allows excess revenue from TID 32 to be transferred to TIDs 28 and 36.

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