Panel endorses TIF spending

A Greenwood board has decided it would be allowed to spend economic development money on a new pool, although it hasn’t yet agreed to do so.

The Greenwood Redevelopment Commission voted unanimously Tuesday that it can spend tax dollars from a tax-increment financing district on a $10 million aquatic center at Freedom Park. The board did not actually vote on whether to spend that money on the pool project and won’t consider that issue until next month.

Two attorneys said the redevelopment commission needed to take the vote since the city already has been spending tax district money outside the redevelopment zones.

In light of the pool proposal, a Clark-Pleasant school district attorney and an Old Town resident who opposes the project’s cost recently called the practice into question.

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