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But the new Eastern Gateway Tax Increment Financing District could change that. The TIF makes up 82 acres and 10 parcels of land, including farmland to the east of the center, all the way to ...
The panel on Thursday gave its support to the creation of a new tax increment financing (TIF) district and a new thoroughfare plan, both of which deal with matters that could occur in years to come.
More funds are expected in next year’s budget as well. The money will be generated by the TIF district started two years ago as a funding mechanism to encourage redevelopment in the area.