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TID Proposed For Napa Rail Junction

TID Proposed For Napa Rail Junction

Photo: WNAX


The Yankton County Commission has approved a tax increment district that may help lay the groundwork for business development around the Napa rail junction near Utica.

Planning and Zoning Director Pat Garrity explained the TID details to the commission…

 

Garrity says the TID plan is only the first step…

 

Garrity says the county will not have financial liability for development at the junction…

 

The TID diverts property taxes for a set time to repay a developer for any public improvements made at the site.