St. Joseph moving toward establishment of new district to generate funds for downtown improvements
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St. Joseph moving toward establishment of new district to generate funds for downtown improvements
The city of St. Joseph is moving forward with a proposal to help generate revenue for improvements downtown. At a meeting this week, city commissioners heard from Andrew Haan of Cornerstone Alliance about setting up a Tax Increment Financing district for the Downtown Development Authority. Haan said under state law, the city can establish a zone in which revenue for the DDA can be captured. “What that does is allows the Downtown Development Aut…
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