Council approves $100,000 downtown facade program using TIRZ funds
Bay City council voted to authorize a downtown facade improvements and resiliency program financed with Tax Increment Reinvestment Zone No. 1 funds; the TIRZ board had recommended a $100,000 city participation to support code compliance and attract private investment.
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Bay City council voted to approve a resolution authorizing a downtown facade improvements and resiliency program funded through Tax Increment Reinvestment Zone (TIRZ) No. 1 participation. City manager (speaker 6) said the TIRZ board recommended a $100,000 allocation to encourage redevelopment and assist property owners with code compliance.
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