Fargo panel backs extending tax break for former Kmart site; blighted northside block targeted

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Fargo panel backs extending tax break for former Kmart site; blighted northside block targeted

FARGO The developers of Midtown Market, a commercial center on the former Kmart site just south of Interstate 94, received initial approval for a one-year extension on a tax increment financing deadline with the city.In addition, the Economic Incentives Development Committee approved having city staff create a $1.5 million TIF plan for razing homes and commercial buildings on a city block on the northeastern edge of downtown for redevelopment.I…