Prairie Engineers developed a Feasibility Study for a Tax Increment Financing (TIF) study in downtown Lincoln, Illinois. This study included determining and describing the boundary of the proposed downtown redevelopment area. Also included were photographs and inventories of over 200 properties within the proposed downtown district to document the presence of 13 blighting as required by Illinois TIF law, including such items as dilapidation, obsolescence, illegal use, excessive vacancies, and declining assessed values. A GIS database of the blighting conditions and other attributes of each property was developed to support the study report.
In coordination with the City’s TIF attorney, Prairie Engineers also assisted with public education and outreach activities including coordination with affected property owners, taxing bodies and the general public. In 2013, the Central Business TIF District was established as Lincoln’s first TIF District, and served as an important step towards the overall downtown revitalization goal.