TIF Projects Reviewed

The city of Sidney has several businesses projects within the Tax Incentive Financing (TIF) program totaling $11,640,600, according to a report presented by Sidney Finance Director Lane Kizzire.

The City's 10 TIF projects with a total estimated cost of $11,640,600. Project maturity ranges from the Clausen Project completed in 2007 and maturing Dec. 3, 2022 to two Cabela's projects – the Corporate Project completed in 2015 and the Downtown Project completed in 2014, both with maturity dates of Dec. 15, 2029.The Corporate project has an assessed value of $15,336,807 and tax paid annually of $347...