St. Paul Keeps Public Subsidy Options Open for Development by Soccer Stadium and Ford Site
From Star Tribuine, 3/23/16: St. Paul tax incentives are still in play for development around the proposed Minnesota United stadium. The majority of City Council members said Wednesday they do not want to rule out tax-increment financing (TIF) at the site just north of the stadium, which currently houses the Midway Shopping Center and a sprawling parking lot. They shot down Council Member Rebecca Noecker's resolution opposing a TIF district there in a 4-3 vote. There has already been a lot of public investment around the soccer stadium site, Noecker said, and the city should proactively send the message that it does not want to create a TIF district. But others said the city needs to wait and see what is proposed at the site. Read entire story here.