Place 5 Council Member· 2025-2029
Mansfield
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The city will provide up to $5.5 million in tax-increment grants, but only after the project is built and paying taxes.
The project is expected to diversify the city's commercial tax base and create new employment opportunities.
The corporation manages over $21 million in total cash, which is used to fund these economic development initiatives.
The project represents a private investment in a historic downtown property.
Costs associated with vendors, entertainment, and event materials.