TIF District approved for Armory project
A new Tax Increment Financing District for the Armory in downtown Park Rapids received overwhelming support from the community.
Local developer Alan Zemek asked the city to consider designating a redevelopment Tax Increment Financing District for the Armory due to the unique challenges associated with the building. A public hearing was held Tuesday.
Zemek has been acquiring grants to research the building and determine whether it is feasible to redevelop.
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