Multi-use TIF project gets mixed reviews from commission

Wednesday, April 29, 2009 | 8:35 p.m. CDT

COLUMBIA — Projects applying for public financing came under scrutiny at Tuesday's Tax Increment Financing Commission meeting.

The developers — one group proposing to restore the Tiger Hotel to its former status as a boutique hotel and the other proposing a mixed-use development at Tenth and Locust streets — applied for the tax break in late January. Tuesday's meeting marked commissioners' first public critique of the applications.

Craig Van Matre, attorney for The Tiger Hotel developers, urged the commissioners to lay out their concerns.

 

"What we desperately need is for you to say: 'This is a worthy project, City Council,' and if there's somebody that has doubts about that, we sure would like to have the opportunity to address those today," he said.

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