Council approves two TIF redevelopment agreements including Masonic Temple extension

Mar 10, 2025

Council approved a TIF redevelopment agreement with Booker Realty LLC and extended a TIF agreement with Main Street Capital Partners LLC for the Masonic Temple project (80/20); motions passed unanimously.

The full story

The council considered and approved Ordinance 25-11, authorizing a Tax Increment Financing (TIF) Redevelopment Agreement with Booker Realty LLC and Benjamin E. Booker, and Ordinance 25-12, extending a TIF Redevelopment Agreement with Main Street Capital Partners LLC for the Masonic Temple project at an 80/20 arrangement.

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