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Council approves issuance resolution for Eastover tax-increment financing bonds

5431983 · June 29, 2025
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Summary

The council adopted a resolution authorizing issuance of up to $2.553 million in tax-increment financing (TIF) bonds for the Eastover project series 2025 as part of a larger authorized $7 million financing package; vote recorded 5 in favor, 2 abstentions on the final item stage.

The Jackson City Council on June 17 adopted a resolution authorizing issuance of tax-increment financing (TIF) bonds for the Eastover project, approving up to $2,553,000 of principal for the 2025 series as part of an…

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