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Why are TIF districts adjusted ? <br /> • Funds future priorities and planning initiatives in the new areas <br /> as plans are developed <br /> • Captures value for development that's underway and planned. <br /> • Extends retail opportunities <br /> • Municipal Riverfront Development District <br /> • Located in TIF Area + within 3,000 ft of river <br /> • Recent Adjustments <br /> • 2019 (River East, River West, South Side, W. Washington) <br /> • 2022 (River East only) <br />