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Kalispell Council Favors $13.9M TIF Request for Mall Redevelopment
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Source: Flathead Beacon
Kalispell City Councilors are weighing a Texas developer’s request for $13.9 million in Tax Increment Financing (TIF) funds to renovate the west side of the Kalispell Center Mall property, and most appear to support it. TIF funds are existing property taxes that Kalispell’s four TIF districts set aside to support redevelopment projects in blighted areas and expand the tax base. Parkline Partners LP is asking the city to help pay to extend 3rd Avenue West through the property, demolish the vacant former Herberger’s department store building and replace the west façade. The developer would own and maintain the 3rd Avenue West connection, with required public access. The project would also extend utilities to the west end of the property, creating four “pads” for redevelopment, along with improving the right of way on West Center Street and 5th Avenue West with new paving, trees, lighting and sidewalks.
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Read the original at Flathead Beacon



