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Residents press council to protect First Courthouse neighborhood and question TIF tax diversion
Summary
During the miscellaneous comment period, residents urged protections for the First Courthouse/Old Silk Stocking neighborhood and asked the council whether a proposed TIF agreement — described by a speaker as diverting 100% of sales and ad valorem tax for 25 years — could be scaled back to reduce property‑tax impacts.
Residents used the council’s miscellaneous comment period on March 10, 2026 to raise historic‑preservation concerns and question a local Tax Increment Finance (TIF) economic development agreement.
"We're one of the neighborhoods that help bring in a million dollars a year for our city," said Carolyn de Gravel, identifying herself as from Ward 4 and the First Courthouse neighborhood, and urged the council to preserve residential boundaries and resist commercial encroachment. De Gravel…
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