Red Apple Owners Enter into TIF Agreement with City
October 22, 2014 Part of reconstruction costs eligible for TIF funds by Barry Featheringill Sullivan Reporter Steve Sadikoska and Tim Halili of the Red Apple Restaurant were in attendance at the October 13 city council to hear discussion regarding possible Tax Increment Financing (TIF) to help with the reconstruction of the restaurant that burned down July 29. Mayor Ann Short opened the discussion expressing the feelings of the city: “All of us feel so badly because of your unfortunate situation. That was just horrible.” Short then went on to explain that the TIF program is when construction is completed and taxes … Read More
