Palatine TIF district might have first surplus disbursement
Palatine TIF district might have first surplus disbursement Palatine Village Manager Reid Ottesen. Updated 1/27/2021 6:33 PM Palatine village officials say they might be able to distribute the first surplus from a tax increment financing district on the north end of town next year, aided by about $1.9 million left on the table when the Hyundai dealership there was bought by AutoCanada. The Rand/Lake-Cook Corridor TIF District was created in 2012 and covers 110 acres, including th...
Source: dailyherald.com