Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Conway council approves second reading to establish riverfront downtown redevelopment TIF district
Summary
Council approved second reading to create a tax-increment finance (TIF) redevelopment district covering roughly 294 parcels and about 450 acres downtown; city staff estimates about $170 million in private investment and roughly $80 million in public investment tied to future projects.
Conway City Council on Dec. 1 approved the second reading to establish a riverfront and downtown redevelopment project area, a tax-increment finance (TIF) district intended to spur private investment in the city’s riverfront core.
The measure passed on second reading by unanimous voice vote. Council discussion was led by the city’s legal representative, who described the district as covering approximately 294 parcels totaling roughly 450 acres,…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
