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Committee forwards Twinning Station TIF for La Verne with finance‑director review requested
Summary
Murfreesboro — The Rutherford County Investment Committee on Nov. 6 voted to forward a positive recommendation to the full county commission for a proposed 17.6‑million‑dollar TIF for the Twinning Station project in La Verne, contingent on county finance director review and a meeting between county and city/developer teams.
Murfreesboro — The Rutherford County Investment Committee on Nov. 6 voted to forward a positive recommendation to the full county commission for a proposed 17.6‑million‑dollar Tax Increment Financing (TIF) for the Twinning Station mixed‑use project in the City of La Verne, conditioned on a finance‑director review.
La Verne attorney Madison Haines and developer representatives described the project as a mixed‑use development with roughly 630 residential units (townhomes and multifamily), about 164,000 square feet of commercial space including a potential 50,000‑square‑foot grocer, parks and trails, and a donated fire‑station lot. The TIF features a 75/25 split in incremental taxes between the TIF and the city/county and includes performance provisions: no TIF revenue would be rebated until…
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