DDA outlines downtown events, TIF spending and new projects in informational presentation
The Escanaba DDA reported on recent downtown programming, TIF-funded projects and a shift toward events and marketing; highlights included the Log Jam Music Festival, a $500,000 marketplace loan payoff in its final year, and a new portable stage purchase.
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The Downtown Development Authority presented an informational report to the council describing downtown boundaries, funding sources and recent programming. DDA Chair Sue Parker said the DDA — established in 1988 and extended in 2011 — covers Ludington Street from Lakeshore Drive to Lincoln Road and is funded primarily through tax increment financing (TIF), with additional grants, rental income and donations.
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