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Huron creates TIF District No. 8 to support proposed Comfort Inn hotel in Southtown
Summary
The commission approved Resolution No. 20 2507 creating Tax Increment Financing District No. 8 to facilitate infrastructure for a proposed 74‑room Comfort Inn & Suites in Southtown; staff estimated about $108,000/year in property taxes from the hotel and $1,000,000 in TIF proceeds on completion.
The Huron City Commission on Nov. 24 approved a resolution establishing Tax Increment Financing (TIF) District No. 8 to support infrastructure for a proposed Comfort Inn & Suites on a roughly 2.6‑acre parcel in Southtown.
Ted Hader of the Greater Huron Development Corporation presented the TIF plan and described the public purpose: to expand lodging capacity to help host high school and other tournaments and attract larger events to the Huron Arena and event center.…
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