Fort Pierre City Council Holds Special Meeting To Hear TIF Presentation

Fort Pierre City Council Holds Special Meeting To Hear TIF Presentation

FORT PIERRE — The Fort Pierre City Council gathered for a special meeting Thursday afternoon to discuss one possible way to develop residential areas in the north city limits. The Council met with officials from H-M-E Management of Brookings who presented how use of Tax Increment Financing or a T-I-F could help Fort Pierre establish additional housing. Mayor Gloria Hanson says the long process needs to start somewhere…

H-M-E General Manager of Development Bobbi Bohlen says they want to work in partnership with the cities they deal with…

Bohlen says they would do the planning and work the costs in if they get chosen to proceed…

The meeting was informational and no action was taken.