Wednesday,
April 16

 
BUSINESS

River North board called out of limbo


Board members of the special taxing district that's supposed to drive River North's redevelopment are meeting Wednesday, for the first time since July 22, 2010. But it wasn't clear to two members we spoke with Monday why they're being called out of hiatus now – other than to vote on resolutions for grants totaling nearly $4 million for three near-downtown projects.

That's the public part of the agenda for the River North Tax Increment Reinvestment Zone's board. In a closed-door executive session, chairman Lou Fox says, the board will talk about whether to merge with the Midtown TIRZ, which is anchored by the shiny Pearl Brewery complex and includes a stretch of the rapidly redeveloping Broadway corridor. Fox, former city manager and special assistant to UIW President Lou Agnese, chairs both boards.


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