City trying to beat winter on Dana streetscape

In an effort to beat the upcoming bad weather, the City will shift around some of its funds to aid the Dana Avenue streetscape project.

In September, a tax increment financing district was established for Evanston which would allow for bonds to be issued to pay for the project.

Because the bonds have not been issued and the City would like for the work to start as soon as possible, City Council voted unanimously* to transfer $750,000 from the Urban Renewal-Tax Increment Financing account into the Evanston TIF account.

The streetscape work is happening around the Keystone Parke office development in Evanston. It will eventually reach from I-71 to Victory Parkway.

Project partners include the Evanston Community Council, Neyer Properties and Xavier University.

* Councilmember Laketa Cole was absent.

Previous reading on BC:
City taking action on streetscape TIFs (11/1/07)
Council authorizes bonds for Evanston, Walnut Hills streetscapes (9/24/07)
TIFs and streetscapes (9/12/07)
City wants to float bonds for streetscapes (9/11/07)