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City of Red Wing notifies Goodhue County of proposed 25-year TIF covering five downtown parcels
Summary
County staff presented the city of Red Wing—s notice of a proposed 25-year tax increment financing district covering five downtown parcels; the board received the item as an information-only notification and was told it may submit comments within 30 days.
Goodhue County staff told commissioners on Feb. 4 that the city of Red Wing has formally notified the county of a proposed 25-year tax increment financing district covering five downtown parcels.
The county was notified by the city on Jan. 25 and staff provided the required TIF information to the board on Jan. 28, the staff presentation said. The proposed redevelopment would affect five buildings in the downtown core — the former Hallstrom Floral Building, the old Chief Theater Building, the Eagle House Building, the…
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