Many cities and villages look to economic development as a way to improve the community. New businesses provide jobs and services for residents and new property and sales tax revenue for local government. As many municipalities face increasing financial pressure, the need and desire for economic development has increased. We work with our clients to attract new businesses to their communities by structuring financial incentives that benefit everyone.
We assist our clients in creating tax increment financing (TIF) districts, business development districts, special service areas, sales tax sharing agreements, and other tools that create a public-private partnership and facilitate the development and redevelopment of their communities. We work closely with our clients to develop these strategies and to negotiate redevelopment agreements with private developers and businesses that will result in new businesses in town. We also assist our clients in implementing these strategies through various forms of financing, including various types of bond issues and developer notes.
Most importantly, we will be there when you need us. We will go the extra mile, so you don't have to.