The Minden City Council will focus on consideration of several items regarding the creation of the Tax Increment Financing Districts as well as other economic development incentives.
These incentives will allow the city to entice new businesses to Minden as well as assist existing businesses in upgrades or construction projects as needed. Mayor Tommy Davis says the agenda looks long, but it’s really not.
“Once you do one, the rest are really just descriptions of the different districts,” Davis said.
The city council will consider adoptions of resolutions in the creation of the Industrial Development Bond District as well as the four different TIF districts. Following that will be the introduction of ordinances for the same.
“That board will be the board that will help with the PILOT program, Payment In Lieu of Taxes,” he said. “This is different from the TIF districts. Every district is different, and all of this is coming from the attorneys helping us with this.”
The proposed board members for the IDB board include Jean Davis for a two-year term, Rance Foster for a four-year term, Greg Jones for a four-year term, Craig Farley for a six-year term, and Mahala Hutto for a six-year term.
Davis says that under the city’s charter, they typically do not have to introduce ordinances, but because much of these districts and the board deal with state law, they decided to introduce them and then hold public hearings before final adoption.
“We’re doing it because state statutes require it for these TIF districts,” he said. “In July’s meeting, we will hold a public hearing on these ordinances, and then in the regular meeting, we will pass these ordinances.”
Also on the agenda is:
- Appointment to the Main Street Program/Downtown Development Commission
- Re-appointment to the Minden Housing Authority Commission
- Selection of the official journal for the fiscal year
- and the police report.
The Minden City Council will meet at 7 p.m., Monday, June 6, in council chambers at city hall, located at 520 Broadway St.