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HUNTINGTON — The Huntington City Council voted Monday in favor of the city applying for the creation of a Tax Increment Financing (TIF) district in the Highlawn neighborhood.
HUNTINGTON — The City of Huntington is considering real estate measures to fund the renovations of the former National Guard armory.
The bond plan from Mayor Todd Gloria — expected to cost $348 million over the next 30 years — would backfill funds diverted when the city bought out leases for the uninhabitable 101 Ash St. office tower and nearby Civic Center Plaza.
The rate will continue at a half-cent for every $100 of property value
The tax has been levied on property owners since 1934