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Escambia Children's Trust asks county for exemption on CRA increment financing payment; board to seek interlocal projects
Summary
Legal counsel told the trust it received a county demand for the next increment‑financing payment under statute 163.387 with a 45‑day deadline; the board voted to request an exemption and to ask the county to extend the payment deadline while the exemption is considered.
The Escambia Children's Trust board directed staff to ask the Escambia County Commission for an exemption from a county demand for increment‑financing (TIF/CRA) funds and to request that the county extend the 45‑day payment deadline while the exemption is considered.
Legal counsel reported the trust had received a county attorney letter requesting the next round of increment financing funds due to the community redevelopment areas under what the meeting recorded as "1 63 3 8 7." Counsel told the board the letter gave a 45‑day timeframe to respond and said the statute…
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