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City approves new TIF district

September 29, 2010

The area outlined in red south of U.S. 30 shows the 32 acres of land now designated as a tax increment financing district in Columbia City. The city council designated the land as a TIF district for 25 years. As a TIF district, property tax revenue for new development will be diverted into the city's redevelopment fund for use only in the TIF district. The current level of property taxes will still be dispersed to taxing entities. Post & Mail image/Whitley County GIS

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