Published: July 10, 2015
By: Mary Perren, WKVI
The Starke County Commissioners hope to revive the
long-dormant county redevelopment commission by appointing new members. It was
established in 2006 to oversee a tax increment financing district set up by the
county as part of the effort to bring Sysco to Hamlet.
Tax increment financing, or TIF, districts allow property
tax money generated in a specific area to be recaptured for infrastructure
improvements in the area. By doing so, the land becomes more attractive to
other potential business and industrial tenants. The five parcels of land in
the Sysco TIF district have generated $15,427.71 for the county. That money is
receipted by the auditor and parked in a special account.
The commissioners previously discussed disbanding the
redevelopment commission but decided to keep it in place so it will be easier
to establish any future TIF districts should the need arise. They will appoint
three members and a non-voting advisor from the Oregon-Davis School Board at
their mid-July meeting. The county council will make the remaining appointments
to the redevelopment commission.
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