You are browsing the archive for TIF.

OUR VIEW: County should tread lightly with Wild Oak TIF extension

March 1, 2013 in The Daily Republic

The commission hasn’t yet decided, but it’s apparent some members are apprehensive, including Denny Kiner, who said “a deal is a deal.”

At this stage of the discussion, we agree with Kiner. Continue Reading

Report examines tax increment financing in Minnesota

February 11, 2013 in Alexandria Echo Press

The total number of TIF districts certified in 2011 increased by 72
percent compared to 2010. The number of economic development districts
certified increased from 12 to 33. Continue Reading

Counties push back on TIFs

January 30, 2013 in The Daily Republic

Legislation would limit cities’ ability to divert tax revenue. Continue Reading

Low-income housing plan gets tax break

November 15, 2012 in Alexandria Echo Press

A project to build a 24-unit townhome development for low to moderate income families will receive a tax break from the city of Alexandria.
At its meeting Tuesday night, the city council voted 3-2 to approve a tax increment financing (TIF) request for Deer Ridge Townhomes. Continue Reading

Planning panel to examine proposed South Point Village TIF Monday

October 22, 2012 in The Daily Republic

On Oct. 15, the City Council voted to create the South Point Village Planned Development District, a rezoning of the development.
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Big plans for The Wharf, housing near new school

May 31, 2012 in Alexandria Echo Press

Two big developments are seeking a little tax help from the city of Alexandria. One would renovate the former bar-restaurant, The Wharf, into Zorbaz on the Lake a $1.7 million project.
The other one calls to build two, three-story 63-unit apartment complexes on the east side of Knute Nelson’s Grand Arbor development along Pioneer Road in south Alexandria a project that would add about $8 million worth of property value. Continue Reading

TIF district proposed for local housing area

May 1, 2012 in The Daily Republic

Plan calls for completing five streets to enhance development of The Woods. If OK’d, development tool would be 17th in city history. Continue Reading

OUR VIEWW: TIF proposal is good idea for Mitchell

September 13, 2011 in The Daily Republic

Another TIF district is before the Mitchell City Council, and we think it’s a project that deserves approval.
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City panel endorses bypass project, TIF for Innovative Systems addition and business park

September 12, 2011 in The Daily Republic

Innovative Systems received a go-ahead from the Mitchell Planning and Zoning Commission Monday for a new tax increment financing district to help fund an expansion and proposed business park in northwest Mitchell.

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Davison County planners to review TIF district proposal today

September 12, 2011 in The Daily Republic

The Davison County Planning and Zoning Commission will review a proposal for tax increment financing District 16 from Innovative Systems at its meeting today.
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