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Joint Review Board approves 2024 annual report for TID 6 covering industrial park tied to Titan Industries expansion
Summary
The board approved the 2024 tax incremental district (TID) annual report for District 6, noting completed stormwater repairs, potential road projects, three vacant parcels available for development and a negative year-end fund balance that will be repaid from future increment.
The Joint Review Board approved the 2024 annual report for Tax Incremental District 6, which covers the industrial park that includes the Titan Industries expansion. The board voted to accept the report after staff presented repairs completed in the district and near-term development opportunities. "This is required by the state that we meet on an annual basis and go through these," Judy Radke said while opening the…
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