Columbia City Council Rejects Downtown TIF District

Columbia City Hall | Photo by Nicole Lunger/Missouri Business Alert
Photo by Nicole Lunger/Missouri Business Alert

The Columbia City Council voted 5-2 on Monday against using tax increment financing to pay for infrastructure and building projects in downtown Columbia. Some of the projects were aimed at repairing or expanding the capacities of Columbia’s water, electric and sewage systems, which are under strain to due to growing development in the downtown area.

Those who voted against the the TIF plan acknowledged that downtown infrastructure was in need of repair, but had different ideas on how to fix the problem. Mayor Bob McDavid and Second Ward Councilman Michael Trapp where the only two representatives who voted in favor of the plan.

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