Commission confirms 30-year TIF for Sycamore Ridge, adds port authority partner
The commission confirmed a tax-increment financing cooperative agreement for the Sycamore Ridge residential development and approved adding the West Central Ohio Port Authority as a project partner; the arrangement includes upfront cash payments to the Clark Shawnee School District timed with bond issuances.
The full story
The Springfield City Commission confirmed and authorized execution of a tax-increment financing (TIF) cooperative agreement for the Sycamore Ridge residential development and approved adding the West Central Ohio Port Authority to the project.
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