Springfield City Council considers funding for Commercial Street gates
The Springfield City Council will meet Monday night to discuss making some budget amendments to the Commercial Street improvements budget.
Commercial Street is part of a Tax Increment Finance District. The TIF takes the money from the increased value of property taxes and puts that money toward public improvements. The money from the Commercial Street TIF has paid for things like artwork, additional parking, and signage.
The city is looking at commissioning gateways at the east and west ends of the street. The concept design was presented at a public meeting last fall, but stakeholders wanted to commission an artist to design and construct the gateways.