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Clinton City Council Hears from TIF Consultant

The City of Clinton is hearing from many developers about things they want to do in Clinton, but slowing those efforts is a lack of Tax Increment Financing Districts, or TIF districts.

 

On the WHOW Morning Show Wednesday, Clinton City Administrator Tony Harris told the Hart Media Group the City of Clinton has hired a TIF consulting firm to help it establish and develop more TIF districts for its goals of growth.

 

According to Harris, the establishment of new TIFs is essential to future growth in Clinton. He indicates they hear from developers who want to come to Clinton; however, that development hinges on the creation of TIF districts.

 

While many may think creating a TIF district is as easy as pulling up a map of the City and taking a marker to create boundaries, it isn't that simple. There are a lot of legalities and procedures that have to be followed to create the districts.

 

Harris is fielding questions much more frequently lately about development in Clinton, and he attributes much of the excitement to the recent announcements of META, KwikWall, and Meyer Industries.

 

Harris reminds that TIF districts in Clinton would not only serve the purpose of creating development opportunities for businesses, but also for housing. We'll have more in the next few weeks from Harris about a program the City is looking to start, called 'Block By Block', to address community homes that need a little improvement. 
 

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