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Council splits on West Quadrant TIF: $111,000 reimbursement fails, $229,692 approved
Summary
The Spokane City Council on Oct. 6 rejected a $111,000 tax-increment financing reimbursement to a developer but approved $229,692 in TIF funding for other public improvements in the West Central neighborhood.
The Spokane City Council on Oct. 6 rejected a $111,000 tax-increment financing reimbursement to a property owner but approved $229,692 in TIF funding for other public improvements in the West Central neighborhood.
Council members debated whether TIF funds should reimburse work that developers were already required to perform as part of their projects. Council member McClitsky said she would not support reimbursing a developer for work that “they've already been required to do,” while Council member Dylan said it was unfair to subsidize one property owner over others who must replace sidewalks and maintain…
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