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CRA approves tax‑increment rebate for Millville redevelopment

Panama City Community Redevelopment Agency · November 12, 2025
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Summary

The CRA approved an 80% tax‑increment rebate award for Panama City I, LLC for redevelopment of three Main Avenue parcels in the Millville district, capped at $119,006.18 and up to 15 years; staff clarified the project is residential.

The Panama City CRA voted unanimously on Nov. 4 to approve a tax‑increment rebate application submitted by Panama City I, LLC (filed 09/25/2025). Staff reported the application covers redevelopment of three parcels at 318–322…

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