The Sidney Sun-Telegraph - Serving proudly since 1873 as the beautiful Nebraska Panhandle's first newspaper

Depot grounds declared blighted

 


A large portion of the Sioux Army Depot is now more attractive to potential investors, according to city officials.

At Tuesday’s meeting the Sidney city council approved a substandard and blighted designation for the former Army base which makes it eligible for tax increment financing.

TIF allows developers to bond against the expected future tax increases after a development is completed to pay for public infrastructure costs related to the project. TIF has been a big draw for developers to build in the area, according to the city.

Other TIF projects in the area include the $25 mill...



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