restrooms to be located within a new parking lot near the Abilene Public Library, 202 Cedar St. A freestanding, enclosed structure would be built for downtown visitors to use during outdoor festivals.
After the district dissolves on Dec. 31, the city, county and school district will receive property taxes based on the entire value of property in the district, not just the portion frozen in 1982.
$25,000 for downtown public Beats By Dre Solo 2 Colors
$702,320 for streetscaping projects along parts of Cypress, Cedar, Pine and Walnut streets. The project will be a continuation of sidewalk and landscaping improvements that have already taken place in sections of downtown.
Board members indicated most of the projects occurred north of the railroad tracks that divide north and south Abilene and that the south side of the district didn't benefit greatly.
State law requires TIF districts to dissolve after 25 years. The city could create a new TIF district, but Richard Burdine, assistant city manager for economic development, said he has not Ghd Diamond Straightener heard any discussion of doing so.
"We're spending a lot of money to encourage people to come downtown, and we'd like to make it a pleasant experience," Carol Dromgoole said.
Property taxes were frozen in 1982 within the zone, so the revenue the city of Abilene, Taylor County and Abilene Independent School District generated from property taxes has been unchanged since that time. Taxes that resulted from any Ghd Opal
Glenn and Carol Dromgoole, owners of the Texas Star Trading Co. downtown, said the most unfriendly aspect of downtown is its lack of public restrooms.
increase in property value in the area went to the TIF district.
$34,000 contribution to the Abilene Cultural Affairs Council's Cultural Incentive Program. The TIF board has annually Ghd Platinum Styler Uk
The City Council will consider approving an agreement Thursday that outlines how the remaining funds will be spent, and it designates $52,800 of city of Abilene funds that would have gone to the district in 2008 toward the public restroom project.
nearly over for downtown TIF projects
Abilene's Tax Increment Finance District has used property taxes since 1982 to help fund revitalization projects, including the Hotel Wooten, Everman Park and the National Center for Children's Illustrated Literature.
The board members, however, decided to use the last of the funding to finish the streetscaping project the board started years ago.
The last money available from a special fund set up 25 years ago to pay for downtown projects may go toward streetscaping, public restrooms and a final contribution to the Abilene Cultural Affairs Council.
Several TIF board members said they were encouraged by members of the City Council to consider using some of the remaining funding for a study of potential development on the south side of the TIF district.
contributed to the council's cultural program, and this will be the last installment.
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