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Close Somerset City Council met Monday via Zoom due to current COVID-19 conditions. Council approved the creation of two Tax Increment Finance districts. alert featured By CARLA SLAVEY Commonwealth Journal Dec 14, 2020 Dec 14, 2020 Somerset City Council met Monday via Zoom due to current COVID-19 conditions. Council approved the creation of two Tax Increment Finance districts. Somerset’s City Council granted approval for two Tax Increment Finance (TIF) districts to be created, but each took a different voting path to reach the same end-goal. Over ...

By CARLA SLAVEY Commonwealth Journal Dec 14, 2020 Dec 14, 2020 SPEDA President/CEO Chris Girdler, left, was among local leaders discussing the possible creation of Tax Increment Financing (TIF) districts. Governments use TIF districts to help develop unused or blighted properties. Carla Slavey Members of the Somerset City Council held a workshop Thursday to go over any final questions councilors may have ahead of Monday’s vote on whether or not to approve two Tax Increment Financing (TIF) districts. One of the proposed districts cover areas...