Place 3 Council Member· 2023-2027
Mansfield
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The project is expected to diversify the city's commercial tax base and create new employment opportunities.
The city will provide up to $5.5 million in tax-increment grants, but only after the project is built and paying taxes.
The corporation manages over $21 million in total cash, which is used to fund these economic development initiatives.
The issuance of $10.5 million in bonds will impact the city's long-term debt obligations and park funding capacity.
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