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Rhinelander boosts TIF use with Toyota dealership project
Rhinelander broke ground on a Toyota dealership and service center on Stevens Street as part of a new TIF district that also covers nearby properties. The city expects about 2.5 million in new property value from the project, with a 400000 loan funded by the TIF to cover sidewalks and utilities and a 250000 development incentive for the Rhinelander Auto Center. The incentive aims to spur ongoing redevelopment and future tax increments to repay borrowing and finance further improvements.
MENTIONED IN THIS ARTICLE
Rhinelander
Printpack
Wisconsin
Rhinelander Toyota
Toyota
Dick Johns
Mike Steffes
Brian Colombino
Val Foley
City Hall
Colombino
Finlandia University
Hancock
Mich
Fox Valley Technical College
Appleton
North Hudson