City Council voted today to sweeten a downtown redevelopment incentive program to help attract new commercial investment and spur revitalization in the area. Council
members approved a recommendation from the Heart of Our City Committee to
broaden the scope of eligibility and lower the investment threshold required to
qualify for the Targeted Redevelopment Incentive Program (TRIP), which offers a
range of municipal tax cancellations for new downtown construction or
improvements to existing downtown buildings.
Read the related documents and watch the debateRead the full story