Board gets more information on possible Wind Farm TIF

    GRUNDY CENTER — To TIF or not to TIF? That was the question facing the Grundy County Board of Supervisors Monday as they debated whether to create a Tax Increment Financing (TIF) District in the Wellsburg Wind Farm, which is currently under construction.
    Former Hardin County Supervisor Jim Johnson briefed the Board on the TIF District that his county created and bonded off of to capture the property taxes on the incremental value of a wind farm in the southern part of the county in addition to the base value. 
    Johnson went through the process Hardin County followed, including an obstacle it ran into when the City of Radcliffe objected to the turbines. The county then purchased bonds for projects as they were needed, following a schedule developed by Gary Mauer, who served as engineer for both Hardin and Grundy Counties at the time.

For more of this story see the Sept. 25 Grundy Register.