Board sets public hearing to consider TIF modification after Valley Hardwoods expansion plans
Following a presentation from Valley Hardwoods and the auditor/treasurer, the Morrison County Board approved a resolution to set a joint public hearing with the RDFA for April 7 to consider modifying an existing tax-increment financing district to accommodate a proposed 50,000 sq. ft. expansion and retain jobs from a closing plant.
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The Morrison County Board on Feb. 24 voted to set a joint public hearing with the Rural Development Finance Authority (RDFA) on April 7 to consider a modification to an existing tax-increment financing (TIF) district for Valley Hardwoods. Auditor–Treasurer Shannon Coy presented the requested resolution and introduced Valley Hardwoods owner Ken Watuki and consultant Jason Murray.
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