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LDFA reports SmartZone job growth and TIF revenues; board seeks members as TIF end nears
Summary
Leslie Hartman, chair of the LDFA, reported SmartZone metrics (13 new W-2 jobs, 28 1099 jobs, $3.3M reinvestment) and TIF distributions totaling about $2.27 million; she warned that the TIF plan is approaching its sunset and the LDFA is recruiting board members to sustain programs.
Leslie Hartman, chair of the Local Development Finance Authority, told the City Commission that the LDFA and SmartZone continue to create local economic activity while preparing for the TIF plan's eventual end.
Hartman said the LDFA received TIF distributions (noting a first distribution equal to 75% of an annual allotment of $1,600,000 and a…
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