UTICA — Collection of real estate improvement taxes will benefit a downtown redevelopment district in Utica if a resolution is approved by Utica Village Council. A public hearing is scheduled for this proposal at 6:30 p.m. Tuesday, Dec. 13 at town hall in Utica.
With downtown revitalization plans currently being explored with The Montrose Group, a public hearing for a redevelopment district and the approval of grants are the next steps in the process.
Funds for specific projects will come from 70 percent of accumulated taxes on real estate improvements and will not take away from the village’s general fund money. Merchants would also be given a break on their taxes from any business improvements.