Wednesday, June 28, 2006

Benton eyes TIF for Wood Building

Kudos for the Benton City Council after deciding to pursue a tax increment financing (TIF) district for the redevelopers of the historic Wood Building on the square of the Franklin County seat.

The developer's plans for the building, "include a banking facility, retail space and studio, and 2- and 3-bedroom units on the top floors."

Now if the city would consider expanding the proposed TIF for the rest of the downtown, help the county build a new courthouse, and merge with West City, the community would be set.

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