Tax Increment Financing

Emails indicate mayor, city administrator pushed TIF's for downtown apartments for past year

For more than a year, Bettendorf Mayor Bob Gallagher and City Administrator Decker Ploehn have been telling their economic development staff and developers they would support use of city tax incentives for projects involving downtown apartments.

In emails obtained by bettendorf.com through a Freedom of Information request, both Gallagher and Ploehn were focused on redevelopment of eight apartment buildings in the downtown known collectively as the Carling Apartments.

Bettendorf LED light manufacturer two years behind in loan repayment; job training funds frozen

The Florida promoter who convinced local economic development officials he would bring manufacturing jobs from China to Bettendorf hasn't made a payment in nearly two years on the $107,000 loan he received from the Bi-State Revolving Loan Fund, the economic development arm of the Bi-State Regional Commission.

LEDs America made payments totaling $31,000 on the job development loan, but its last check was in September 2013, leaving an unpaid balance of $76,000, according to Bi-State officials.

Isle of Capri seeking to slash Bettendorf property tax bill in half; city to hire appraiser to oppose reduction

The Isle of Capri Bettendorf casino is seeking to slash its property tax assessment in half – to $44 million from its current $85 million – prompting the city to hire a casino real estate appraiser to oppose the reduction.

Pages

Subscribe to Tax Increment Financing
Go to top