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EDA reviews draft TIF policy; members suggest adding explicit housing language
Summary
The Kasson City EDA discussed a draft tax increment financing (TIF) policy intended to standardize requests; members recommended formatting fixes and an explicit reference to housing so the policy needn't be amended when priorities change.
The Kasson City Economic Development Authority reviewed a draft Tax Increment Financing (TIF) policy intended to clarify criteria and application steps for future TIF requests.
The Coordinator (S4) called the document a rough draft and said it focuses more on commercial and industrial uses than housing. “If you go through each of the sections, it talks about all the different uses…
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