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LOCAL BRIEFS: Jan. 5, 2024 - Vimarsana News

LOCAL BRIEFS: Jan. 5, 2024

Local briefs include:• Candidate deadline set for Feb. 9• Goshen Council to meet Monday• Area grant programs available• Pre-agenda meeting set for Jan. 9

KPC Explains: Breaking down Kendallville's TIF picture - Vimarsana News

KPC Explains: Breaking down Kendallville's TIF picture

KENDALLVILLE — The Kendallville Redevelopment Commission is looking for its next projects to utilize the nearly $500,000 per year income the commission captures, but that revenue stream isn’t permanent. The city will only have four more years of capturing around a half-million dollars before losing some of it, but for now the city can utilize those funds for projects anywhere along the Main Street and U.S. 6 corridors. If you’re unfamiliar with the city’s tax increment financing (TIF) districts, we’ll explain where that money comes from, where it can be used and how i...