The Flossmoor Village Board voted unanimously June 1 to approve an inducement resolution as the first step toward creating a new Tax Increment Financing (TIF) district that could help support the proposed OBE Studios film production campus near Vollmer Road and 198th Street.
The resolution does not establish a TIF district or commit village funds. Instead, it allows certain development-related expenses incurred by OBE Studios to potentially qualify for reimbursement in the future if the…
