The Steelyard Commons Tax Increment Financing (TIF) Advisory Committee will meet in Room 518A of City Hall on Thursday, December 19 at 4pm. This is an in-person meeting and open to the public.
About the Steelyard Commons TIF Advisory Committee
City of Cleveland Ordinance Number 1780-05, passed January 9, 2006 ("Ordinance") created a Steelyard Commons Tax lncrement Financing Fund ("TIF") with Steelyard Commons LLC to provide funds to be used for development and recreational improvements. The ordinance also established the Steelyard Commons TIF Advisory Committee which is a 5-member body appointed by the Mayor (1), Cleveland City Council (1), Cuyahoga County (1) and Canalway (2). It is charged with making fund allocation recommendations that "shall be used for acquisition of land and to make improvements to the Towpath Trail and Canal Basin Park.”