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Bloomington City Council Approves Extended TIF Spending Plan Amid Economic Development Focus
- Meeting Overview:
Overview: In a recent meeting, the Bloomington City Council approved a second amended and restated tax increment financing (TIF) spending plan. The plan extends the use of funds to stimulate economic development and job creation in light of past economic challenges. The council’s decision allows for a two-year extension, broadening the scope of where and how these funds can be deployed.
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City Council Officials:
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Meeting Type:
City Council
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Committee:
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Meeting Date:
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Recording Published:
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Notability Score:
Not Rated
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State:
Minnesota
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County:
Hennepin County
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Towns:
Bloomington
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- 95 Minutes
