Knox Redevelopment Commission Approves Money for Park Projects

City_of_Knox_LogoThe Knox Redevelopment Commission has committed up to $80,000 in Tax Increment Financing money to a couple of Mayor Dennis Estok’s initiatives. He asked them for $40,000 to help pay for the splash pad in Wythogan Park. The city council has approved the expenditure of money from the Economic Development Income Tax and Riverboat funds to cover the rest of the cost. TIF funds are captured from commercial and industrial property within a designated area. Continue reading