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Great Falls Commission to act on spending $5.5 million in downtown TIF to fix Civic Center

Date: Wednesday, October 14, 2020
Source: Karl Puckett, Great Falls Tribune
Great Falls Commission to act on spending $5.5 million in downtown TIF to fix Civic Center

The city, noting the work would preserve the façade of the historic Civic Center and prevent it from falling on the public, says the TIF funds would be properly spent on the public downtown landmark. 

Downtown business interests have said if the city is willing to use the money for the Civic Center it should also consider a more liberal use of TIF funds generally in the future. For example, they've argued the city should allow businesses to use the money not just for public infrastructure such as sidewalks but also to offsets certain types of improvements they make to their buildings, such as installing fire safety systems.

Read the Full Article: https://www.greatfallstribune.com/story/news/2020/10/05/great-falls-commission-civic-center-funds-tif-tax-increment-financing/3625459001/