Two Rivers staff propose early termination of two underperforming TIDs to free increment for general fund and Hamilton redevelopment
City staff recommended terminating two single‑parcel TIDs (Culver's TID #13 and Eggers East TID #16) and outlined a broader TIF strategy to return increment to the general fund, capitalize a revolving loan fund, and combine parcels to enable Hamilton property redevelopment; formal action is planned in February.
The full story
City development staff on Jan. 5 presented a detailed review of Two Rivers’ 12 active tax increment financing districts (TIF/TID), recommending early termination of two underperforming single‑parcel districts to return increment to the general fund and to consolidate capacity for future redevelopment of the Hamilton property.
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