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Staff was directed to obtain three appraisal bids for the Old Country Store and a High Street property, with a recommendation to return to the committee and costs kept below the council-level threshold. A public hearing on the Midtown TIF amendment is scheduled for April 7, 2026.
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The committee is evaluating two Thompsonville properties and will use competing appraisal bids to help determine their potential value. TIF, or tax increment financing, uses future increases in property tax revenue to support designated areas and projects. No façade loan applications had been submitted as of the meeting.
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