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CRA board approves two tax‑increment rebate awards for downtown redevelopment projects
5500684 · July 28, 2025
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Summary
The Panama City CRA approved tax‑increment rebate program awards and delegated execution of performance agreements for projects at 724–728 Magnolia Avenue and 542 Harrison Avenue, each at an 80% award rate with capped totals and durations.
The Panama City Community Redevelopment Agency on July 29 approved two applications to the tax increment rebate program for downtown redevelopment projects and authorized staff to execute performance agreements.
Staff recommended and the board…
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