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CDFA Tax Increment Finance Update - September 8, 2015

Tax Increment Finance Update
September 8, 2015
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Tax Increment Finance Update

Features

Tax Increment Financing Bonds Issued to the Wharf
According to Hill Now, the first series of TIF/PILOT bonds for The Wharf were issued in the amount of $145,445,000. The TIF/PILOT bonds were issued with highest ratings in the District's history for a comparable bond issuance.

St. Petersburg City Council Approves TIF Money for Waterfront
The Tampa Bay Times reports that City Council approved $20 million in existing TIF revenue to be earmarked for future redevelopment of Pier Park.

Developers Ready to Roll on $100M Federal Reserve Hotel Project
The redevelopment of the former headquarters of the Federal Reserve Bank of Kansas City is moving forward, according to Kansas City Business Journal. Developers are seeking tax increment financing from the TIF Commission of Kansas City for the $100 million project.

Lodi, CA Tourism Business Improvement District OK'd
The Lodi News-Sentinel reports that City Council approved a new Business Improvement District that is expected to generate about $538,000 for tourism and promotion of the City of Lodi.

Enroll Now! CDFA Brownfields Project Marketplace in Charleston, SC
CDFA is excited to offer the Brownfields Project Marketplace as an opportunity for communities to receive free technical assistance related to the redevelopment and financing of brownfield projects. Join us November 3-6 in Charleston, SC to consult with financing professionals and brownfield project experts who can help identify potential resources for your brownfield project.

Upcoming Events
Intro Brownfields Finance Course
Tax Increment Finance News

Casino Developers to Be Issued TIF Bonds by D'Iberville Council
Casino News Daily | Sep. 4 | Access to Capital | Bond Finance | Tax Increment Finance (TIF)

Work Begins on Celina's New 1M Gallon Water Tower
The Daily Standard | Sep. 4 | Access to Capital | Tax Increment Finance (TIF) | U.S. Environmental Protection Agency (EPA)

Oswego OKs Downtown TIF District Study
Kendall County Now | Sep. 3 | Local Finance Program | Tax Increment Finance (TIF)

Spring Grove, MN Economic Development Authority Studies TIF
Bluff Country Newspaper | Sep. 3 | Local Finance Program | Tax Increment Finance (TIF)

Reading, PA Downtown Improvement District Seeks Another 5 Yrs.
Reading Eagle | Sep. 3 | Local Finance Program | Tax Increment Finance (TIF)

La Crosse, WI Looks to Set up New TIF District for Ramp
La Crosse Tribune | Sep. 2 | Tax Increment Finance (TIF) | Local Finance Program

Gwinnett Place CID Releases Video to Explain Goals
Atlanta Journal Constitution | Sep. 2 | Economic Development | Local Finance Program | Tax Increment Finance (TIF)

Wichita Area Hotels Worried About New Improvement District
KMUW | Sep. 2 | Tax Increment Finance (TIF)

Group That Sued Eau Claire over Confluence Hit with Legal Bill
Leader-Telegram | Sep. 2 | Local Finance Program | Tax Increment Finance (TIF)


Highlights from the Online Resource Database

The Speed of Business - Tax Increment Financing
Economic Development | Local Finance Program | Redevelopment | Tax Increment Finance (TIF)
JacKlink Productions tells the story of Lafayette, IN and how the use of tax increment financing help grow the city's manufacturing industry and act as a catalyst for other development in the area.


The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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