FORT PIERRE — The Fort Pierre City Council has approved Broz Engineering of Pierre to help layout a possible Tax Increment Financing District or TIF area in north Fort Pierre. Public Works Director Rick Hahn says the design would set up possible residential and commercial zones east of State Highway 1806…
Hahn says it’s an opportunity for Fort Pierre…
That 50/50 split with the Fort Pierre Development Corporation would mean each side takes half of the 12-thousand 540-dollar cost. Hahn says one goal of the TIF would be to establish some affordable housing opportunities….
The Council spent nearly 30 minutes on the TIF discussion including approximately 10 minutes in executive session to discuss legal issues with the idea that was approved by the full Council.
