1/7/2015 - TIF Amended To Enhance Downtown Development
Sedalia’s downtown Tax Increment Financing (TIF) district has been amended by the TIF Commission and the City Council to allow for additional uses. This TIF is now able to provide funding for the stabilization of the historic downtown Trust Building; the demolition of the Broadway Arms apartment house; and the renovation of the McLaughlin Building for use as an adult education center. A goal of the TIF is to enhance downtown development. The original purpose for the TIF, as a funding source for Streetscape and a community center, remains in place.