St John Town EDC approves TIF bond authorizations for four development projects
The St John Town Economic Development Commission on a voice vote approved resolutions authorizing tax‑increment revenue bond issuances (developer‑purchased) for four projects — a 120,000 sq. ft. mixed‑use commercial project, a bank branch, and two residential developments — while residents raised objections about developer-paid infrastructure and zoning changes.
The full story
The St John Town Economic Development Commission voted on a series of resolutions authorizing tax‑increment revenue bonds to support four development projects, each to be repaid from taxes generated by the projects and not by other town funds.
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