2. Such alternative action as the Commission may deem appropriate.

Carver Heights / Montclair Area CRA Meeting · 2026-04-13 · agenda_item

The Carver Heights/Montclair Area Community Redevelopment Agency and Lake County are reviewing an inter-governmental agreement. This agreement will clarify how tax increment (TIF) payments are made by the Ambulance and Emergency Medical Services Municipal Services Taxing Unit (MSTU). The agreement, if approved, will allow Lake County to retain 100% of the TIF payments from the MSTU starting January 1, 2026. This action is currently under review by the Commission. The process involves finalizing and executing an inter-local agreement, which is a legal and administrative step. No physical construction or site work is described in this item. Local contractors, suppliers, and service providers should monitor future developments related to community redevelopment projects that may arise from these financial clarifications. Understanding these agreements early can provide an advantage when future development opportunities are announced.

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