It is in the best interest of our community to better balance the benefits and burdens of financing the B’Way Two project.
Search / 14 results found Showing: 1-10 of 14
While voters will decide on a local use tax on Tuesday, the city is mulling over offering a $2 million tax break for a new downtown high-rise.
The request will now go before the Columbia City Council, which will likely hold a vote at its first meeting in December.
Commissioners debated the economic impacts the project would have on the city and whether certain requirements for the TIF are subjective.
Columbia residents had their first opportunity to voice opinions on the $2.1 million in proposed tax incentives for the expansion of The Broadway Columbia hotel.
David Parmley is asking the city for a $2 million tax incentive to build a second hotel tower.
Broadway Hotel owner David Parmley’s request for tax increment financing to help him build a second hotel tower is up for a public hearing bef…
The public hearing will be held at 6 p.m. Oct. 4 at City Hall to discuss the hotel's request for $2 million in tax-increment financing.
The commission also discussed the project's feasibility and set a date for a subsequent meeting.
David Parmley needs to prove that the redevelopment site is in danger of becoming blighted and that the project is infeasible without tax-increment financing.