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Commission approves administrative amendment to North River Commerce Center TIF; grants five-year construction extension
Summary
Hamilton County commissioners approved an amendment to the economic impact plan for North River Commerce Center that extends the construction completion deadline and modestly broadens allowable industrial uses while keeping the public reimbursement cap unchanged.
Hamilton County commissioners voted Oct. 15 to approve a second amendment to the economic impact plan for the North River Commerce Center Industrial Park and related redevelopment of North Access Road.
The amendment (Resolution 10 25–35) does not change the TIF’s dollar cap or extend the overall tax increment financing (TIF) period, county staff said. Instead the amendment extends the project’s construction completion deadline by five years and slightly broadens the definition of allowed uses to include some manufacturing alongside industrial distribution, while continuing to…
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