01. Fargo property tax incentive for BLOC Partners, LLC
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01. Fargo property tax incentive for BLOC Partners, LLC
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PROPERTY TAX INCENTIVE APPLICATION FOR <br />BLOC PARTNERS, LLC <br />(Jim Gilmour) <br /> <br />SUGGESTED MOTION: <br />Move to participate in the request for a Tax Increment Finance (TIF) District in the City of Fargo <br />submitted by BLOC Partners, LLC to assist with the redevelopment of a property located on the <br />1600 block on the west side of University Drive South for up to a fifteen-year period. <br /> <br /> <br />OR <br /> <br />SUGGESTED MOTION: <br />Move to NOT participate in the request for a Tax Increment Finance (TIF) District in the City of <br />Fargo submitted by BLOC Partners, LLC to assist with the redevelopment of a property located <br />on the 1600 block on the west side of University Drive South for up to a fifteen-year period. <br /> <br />OR <br /> <br />SUGGESTED MOTION: <br />Move to NOT participate in the request for a Tax Increment Finance (TIF) District in the City of <br />Fargo submitted by BLOC Partners, LLC to assist with the redevelopment of a property located <br />on the 1600 block on the west side of University Drive South for up to a fifteen-year period and <br />to negotiate the terms of the property tax incentive as described in N.D.C.C Chapter 40-05-24. <br />
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