Cottage Grove EDA moves to terminate Northpointe Industrial TIF and request decertification
The EDA approved a fourth amendment to the Northpointe Industrial development contract acknowledging completed improvements, terminated the TIF note, and passed resolutions to terminate the amended contract (Res. 2025-003) and request county decertification of TIF District No. 1-20 (Res. 2025-004).
The full story
The Cottage Grove Economic Development Authority voted Dec. 2 to accept a fourth amendment related to the Northpointe Industrial project (TIF District No. 1-20), terminate the associated tax increment financing note, and request decertification of the district.
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