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Commissioners approve reimbursement agreement structure with Toyota tied to potential TIF revenue
5806509 · September 17, 2025
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Summary
Gibson County approved a reimbursement agreement under which Toyota would advance $1.9 million for traffic study and access improvements; county is not obligated to repay unless a new TIF district is established and generates revenue.
Gibson County commissioners approved a reimbursement agreement with Toyota Manufacturing, in which Toyota would advance $1.9 million to the county for two projects: a traffic study ($900,000) and a new traffic signal with turn lanes ($1,000,000). The county attorney and staff said the agreement…
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