Council vote casts doubt on TIF bonds
A 3-3 vote by the Allen County Council on Thursday has caused some confusion over the issuance of $1.4 million in tax increment revenue bonds.
The proceeds from the bonds would go toward turn lane and signal improvements at the Parkview Regional Medical Center campus north of the city limits, County Redevelopment Director Elissa McGauley told the council.
The improvements would be placed at Parkview Plaza Drive and Dupont Road; Dupont and Diebold roads; Parkview Plaza Drive and Corporate Drive; and Parkview Plaza Drive and West Campus Loop Road.
About 2,868 cars travel that portion of Parkview Plaza Drive each day, County Highway Director Bill Hartman said.