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GF council passes incentive package for developers

By Doug Barrett
Memorial Village rendering
With little discussion – and no opposition – the Grand Forks council last night (Monday) approved a series of tax breaks for several large planned construction projects in the city.
Developers are seeking financial incentives to renovate the St-John’s Block…Lyons Auto Redevelopment… Memorial Village…and the Beacon. All told the projects total well over $100 million dollars. The financial requests include both up front assistance through bond issuance and property tax exemptions.
Mayor Brandon Bochenski thanked those who worked to push the projects through. “I want to thank the county and school board members…this carried unanimously is a real signal for the future of Grand Forks.” ....

Brandon Bochenski , John Block , Grand Forks , Lyons Auto Redevelopment , Memorial Village , ஜான் தொகுதி , மாபெரும் முட்கரண்டி , லயன்ஸ் ஆட்டோ மறுவடிவமைப்பு , நினைவகம் கிராமம் ,

GF School Board approves TIF request

By Doug Barrett
Jan 26, 2021 2:39 PM
The Grand Forks School Board has approved a series of tax breaks for several large construction projects in the city.
Developers are seeking financial incentives to renovate the St-John’s Block…Lyons Auto Redevelopment… Memorial Village…and the Beacon. All told the projects total over $100 million dollars. The financial requests include both up front assistance through bond issuance and property tax exemptions.
Tax revenue generated by the four sites is just over $75,000 a year. That is projected to grow to nearly $1.6 million once the TIF period ends.
Although the board agrees the projects are good for Grand Forks – some members expressed reservations about the process. ....

John Block , Forks School Board , Grand Forks School Board , Lyons Auto Redevelopment , Memorial Village , Grand Forks , ஜான் தொகுதி , முட்கரண்டி பள்ளி பலகை , மாபெரும் முட்கரண்டி பள்ளி பலகை , லயன்ஸ் ஆட்டோ மறுவடிவமைப்பு , நினைவகம் கிராமம் , மாபெரும் முட்கரண்டி ,