Commissioners give thumbs up to proposed Smithfield TIF

Simplified: TIFs, grants and a new YMCA-zoo collab

Commissioners give thumbs-up to Smithfield TIF. The Minnehaha County Commission on Tuesday were briefed on the potential impacts of tax-increment financing due to Smithfield's planned move to Foundation Park. Commissioners don't have any authority to approve or deny the TIF, but they did express support for the city to move forward with the project. "It just makes sense," Commissioner Dean Karsky said. "I think the TIF is absolutely appropriate …

Commissioners give thumbs up to proposed Smithfield TIF

Minnehaha County commissioners gave their blessing Tuesday to a tax increment financing district that would be established by the city of Sioux Falls to assist Smithfield Foods in building a new pork processing plant.“The TIF is absolutely appropriate and the right thing to do,” Commission Chairman Dean Karsky said. A new state-of-the-art pork processing plant would be felt by the community for generations, he added.