First; determine the estimated construction costs and anticipated uses for the property (including the total square feet for each use).
Next; schedule a meeting with the Township Assessor to obtain an estimated market value of the completed project - this will determine the estimated annual real estate taxes that the project will generate.
Contact the City of Rockford Community & Economic Development Department at 779-348-7162 to discuss your project and if TIF Assistance is appropriate.
Negotiate a development agreement with City staff.
Seek approval for the project and development agreement from the Mayor and Rockford City Council.