Columbia’s Daily Dish (July 30, 2009)

· Tax-increment financing used to spur downtown development (CM)     For those who believe tax-increment financing is a critical tool for jump-starting redevelopment downtown, this past week’s approval by the City Council of two applications for the TIF incentive couldn’t have come at a better time.

· Leadership Council addresses downtown development (CM)     It’s been a dizzying several years downtown.

· COLT bridge to cost half of earlier estimates (CM)     A bridge for the Columbia Terminal Railroad that will pass over U.S. 63 will cost around $3.75 million, about half the cost of earlier estimates.

· Deep cuts mark spending plan (CDT)     City Manager Bill Watkins presented his proposed 2010 budget this morning and said it was the first time in his two-decade tenure with the city that the municipality’s budget was smaller than the year before.


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