Davenport TIF Support Letter Questions Not Answered

Davenport TIF Support Letter Questions Not Answered

Iowa code 403.5 provides for affected taxing entities to be notified and allowed an opportunity to comment on creation and changes to economic development areas and on the adoption of tax increment financing (TIF).

The Scott County Board recently responded to Davenport’s proposed amendment to the North Economic Development Area and to allow adoption of a TIF  to provide economic development assistance to a company.

I felt that information was not included as to the payback period for 17 million investment.  What does data tell us the …

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