Brooklyn Park EDA To Host Enlightening Tax Increment Financing Orientation And Meetings On Tuesday

Brooklyn Park EDA To Host Enlightening Tax Increment Financing Orientation And Meetings On Tuesday

For those with a vested interest in the economic fabric of Brooklyn Park, take note.

The Economic Development Authority (EDA) has its sights set on enlightening members and the general public with an "EDA Orientation - TIF 101" session on Tuesday.

This educational endeavor will be housed within the municipal confines of City Hall, precisely at 5200 85th Ave N, Brooklyn Park, MN 55443, Room A203, from 5:00 P.M. to 6:00 P.M. The orientation aims to shed light on the intricacies of Tax Increment Financing (TIF), a tool often harnessed to support development and rejuvenate neighborhoods.

The learning session is but one facet of a larger evening dedicated to economic strategy and community development.

Following the TIF 101 session, the EDA is primed to convene for a Work Session and a subsequent Regular Meeting.

Participants and onlookers are encouraged to be punctual and to bring their queries and insights into the realm of economic development and policy.

For those unable to attend in person or for those who simply wish to be prepared, the EDA has ensured transparency and accessibility by making the agenda and packet available online. These documents can be found on the City of Brooklyn Park website as well as on CCX Media’s digital platform. The information was published on Thursday, offering residents and interested parties ample time to peruse the details before the meeting.

SOURCE: hoodline