All Entries Tagged With: "TIF"
Lamar Redevelopment Authority Discussing New Funding Guidelines
The Urban Renewal Authority is four years old. The Tax Increment Funding levied on capital improvements within the Authority District generates about $100,000 a year. The Authority has voiced some concerns about the quality and types of investments on improvements the grants have funded. The Lamar City Council, sitting as the Redevelopment Authority Board, met […]
Urban Redevelopment Authority Discusses Antique Alley Request
New procedures for funding requests from the Lamar Urban Redevelopment Authority were put into play prior to the City Council Meeting, Monday, September 29. The Council meets as the Authority Board. Antique Alley, a new family-owned business venture in the former Davis Western Store, requested funding from the Lamar Urban Redevelopment Authority to […]
PCDI Puts Big R Warehouse on Local Market
The Big R warehouse, donated to Prowers County Development Incorporated by the company last year, will be offered first through local real estate listings. The 2.8 acre property on Washington Street in Lamar will be marketed as a business incentive, with hopes of selling it to a ‘jobs-attached’ business developer or corporation. Board member Gene […]