Laserfiche WebLink
15 <br />•Original intent was use tax increment for land acquisition and/or <br />construct infrastructure for redevelopment purposes <br />•$600K loan from EDA to facilitate Suite Living <br />Not tax increment <br />•5-Year Rule Concerns <br />City has until January 28, 2025 to be in compliance with statute <br />If no activity occurs, District will have to be shut down <br />TIF District 7-1 Suite Living