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Minutes of the Regular Meeting of Council <br />Monday, September 25, 2017 <br />Page 17 <br /> <br />There was none. <br />ROLL CALL: AYES: All <br />NAYS: None <br />Motion Carried Financial Reports for August 2017 <br />Acknowledged and Approved <br />Motion to extend the TIF for Progressive for property tax year 2017. (Finance <br />Department) , <br /> <br />Mrs. Mills, seconded by Dr. Parker, made a motion to extend the TIF for Progressive for <br />property tax year 2017. (Finance Department) . , <br />Council President Saponaro asked, any discussion? <br />Mr. Wynne stated, for this and the next four motions regarding the TIFs, we have an annual <br />meeting down at the County. It's called a TIRC meeting, a Tax Incentive Review Committee. <br />Representatives of the Village as well as the County review the performance of our TIFs. As <br />long as they are in compliance, then they are approved for continuation for another year. Once <br />they are approved at the County level, we mirror their approval and approve it at the local level <br />which is what this process is all about. <br />On the Progressive TIF, which we are talking about right now, our collections this year against <br />that TIF were about $890,000. <br />Council President Saponaro asked, any discussion or question regarding this? <br />There was none. <br />Roll Call: AYES: All Motion Carried <br />NAYS: None Progressive TIF Extended for <br />Property Tax Year 2017 <br />Motion to extend the TIF for Governor's Village for property tax year 2017. <br />(Finance Department) <br />Mrs. Mills, seconded by Mr._Jerome, made a motion to extend the TIF for Governor's Village for <br />property tax year 2017. (Finance Department) <br />Council President Saponaro asked, any discussion? <br />Mr. Wynne reported, collections on this TIF for the year for 2017 were around $116,000. <br />Council President Saponaro asked, any other questions?