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WWW.concordats.opacity COMMISSION MENDACITY HALL, 701 WASHINGTON AGENDA Wednesday, August 6, 20145:30 p.m. Mayor: Marsha L. Went Commissioners Tim Parker Charles Johnson1. CALL TO ORDER A. Roll Call
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Brown Grand TIF stands for Tax Increment Financing, a tool used by municipalities to promote economic development by capturing property tax revenue increases.
Property owners within a designated TIF district are typically required to file a Brown Grand TIF application.
To fill out a Brown Grand TIF application, property owners must provide information about the property, proposed development, and financial projections.
The purpose of Brown Grand TIF is to stimulate economic development and revitalize blighted areas through tax incentives.
Property details, development plans, financial projections, and impact on the community are some of the information that must be reported on a Brown Grand TIF application.
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