Redevelopment commission denies Tharpe Investments TIF request and signals RDC will fund required East Main road
The Danville Redevelopment Commission voted to deny a TIF incentive application from Tharpe Investments for East Main parcels, then indicated consensus to use RDC funds to build the roadway the town requires to make the lots shovel-ready; final dollar approvals will follow quotes and legal mapping.
The full story
Chair opened the discussion of a tax-increment financing (TIF) application from Tharpe Investments for East Main parcels and explained the town’s long-standing requirement that a new internal roadway connect parcels behind the Taco Bell and Starbucks.
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