Sac County Supervisors discuss the pros and cons of urban revitalization / TIF / tax abatement

SAC CITY, IOWA – OCTOBER 26, 2010

- Not necessarily a good idea
- What is the process for setting up tax abatement?


How do you pick and choose those areas?
- You have to specify the use.
- The county has to notify every resident in the county by mail and publication.
- County is just looking at industrial and commercial entities.


Shirley Phillips wants highway 20 areas rezoned from Ag to Commercial/Industrial.
- Can’t put signs up within X feet of bypass without rezoning.


Farmer’s Coop south of Early going to build regardless of abatement.
- You’re not supposed to set up urban revitalization for single properties.
- Urban revitalization in the county competes directly with urban revitalization in towns, and ends up just drawing it away from the town.


TIF Vs. urban revitalization, pros and cons.


The state is looking for a way to not have to make up TIF money to the schools.
- It’s not right that one entity can sign off on the levying authority of another.
- Teachers unions concerned about salaries.


Revisiting specific issues from the conversation.
- Urban revitalization for unsavory businesses.
- Establishing the value of a property before tax abatement is set up.
- Tax abatement is the least of the reasons a business would choose Sac County.
- A discussion about what Farmer’s Coop in Early is doing.

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