Columbia City Council Approves $3.2 Million in TIF Notes

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Posted 10:49 PM 7/2/2012 : Columbia City Council Approves $3.2 Million in TIF Notes

COLUMBIA - The Columbia City Council unanimously approved $3.2 million in TIF notes for the Doubletree Hotel developers at its meeting Monday night. A TIF, or Tax Increment Finance, is a plan that allows some of a company's paid taxes to be reimbursed.

TIFs by nature are fairly complex

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