There is another development coming before the board seeking TIF bond assistance at our next meeting. Separate from the proposed mall/multi-use project by Russell/Spring St, this development will be towards improving and adding on to the shopping center on Hwy 12 where Hudson's Dirt Cheap is located as well as developing the empty lot next to it where the old Coke building used to be. Included in the development is new retail and grocery. I don't have any plans to post just yet; however, as soon as I do I'll share them.
With this talk about TIF bonds for 2 projects now I think I'll do a write up on just what the TIF bond process is. In the meantime there is a wikipedia entry about the concept.
Wikipedia TIF Link
No comments:
Post a Comment