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Second TIFF measure in Rantoul advances

By Tim Mitchell
Friday March 28, 2008

RANTOUL – Rantoul is another step closer toward getting a second tax increment financing district – in spite of opposition from both of the village's school districts.

A joint review board of representatives from affected taxing bodies voted 5-2 Thursday in favor of creating a 495-acre tax increment financing district made up of downtown Rantoul and farmland south and southeast of the new Wal-Mart supercenter.

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