Buchanan Commissioners hold hearing on new DDA tax increment financing plan
5 Articles
5 Articles
Buchanan advances TIF plan for newly reconstituted DDA
The Buchanan City Commission is moving forward with the reestablishment of the Downtown Development Authority by holding a public hearing this week on the DDA’s tax increment financing plan, or TIF. City Manager Tony McGhee tells us the DDA was disbanded about ten years ago, but commissioners last year moved to bring it back. “The DDA was kind of mothballed several years ago,” McGhee said. “We realized it was a good opportunity to bring them ba…
Buchanan Commissioners hold hearing on new DDA tax increment financing plan
The Buchanan City Commission is moving forward with the reestablishment of the Downtown Development Authority by holding a public hearing this week on the DDA’s tax increment financing plan, or TIF. City Manager Tony McGhee tells us the DDA was disbanded about ten years ago, but commissioners last year moved to bring it back. “The DDA was kind of mothballed several years ago,” McGhee said. “We realized it was a good opportunity to bring them bac…
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