The TIF issues didn't create a lot of controversy this time around. City commissioners passed a conditional annexation of property that could be used to create a TIF district at some point in the future, at their meeting Tuesday.
The property is the same that was rejected three years ago, in an attempt to create a TIF district that could have brought a Lowes to town.
Ark City Industries owns the property and agreed to an annexation for five years. If there is no development in five years, the annexation could be rescinded.
The point is growth.
City officials are hoping to attract some kind of business, be it retail or industrial, that will attract people to live in the city. With an area already designated, the city could offer that to a developer who wanted to locate a business here.
The whole city commission story is on the web site.
www.arkcityrevived.com
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