Latest News

CentrePointe TIF meeting at 6 p.m. Tuesday

Lexington's task force looking at tax-increment financing for public improvements related to the downtown CentrePointe projects will solicit public input on the issue at 6 p.m. Tuesday.

The meeting will be held in council chambers at the Government Center at 200 East Main Street.

Earlier in the day, the task force will meet with the city's TIF consultant for an update. That meeting is at 3 p.m. at the Lexington Public Library's Central Library on Main Street.

Tax-increment financing would allow the city to pay for up-front public improvements, such as a public parking garage or renovated sidewalks, by using future tax revenue.

CentrePointe developer The Webb Companies initially sought TIF financing for the project but has since withdrawn that request.

  Comments