Juniata passes redevelopment plan

JUNIATA — The Juniata Village Board unanimously passed a comprehensive redevelopment plan Thursday, opening the door for tax increment financing with hopes of attracting new businesses to town.

Mike Mead, chairman of the Juniata Community Redevelopment Authority, said he is pleased that the board passed the new economic vehicle that will propel the town into the future.

“It has taken a little longer than expected, but we have finally got a redevelopment plan adopted by the village,” Mead said.

In February 2013, the board approved a resolution to designate the entire village as blighted property, which qualified the town for tax increment financing (TIF) and subsequent redevelopment projects under the Nebraska Community Development Law.

To read more, see Friday's Hastings Tribune or the Tribune e-edition.>>


Copyright © 2014