Airport Development Area TIFA extension
City of Sault Ste. MarieMichigan- Detected
- Oct 5, 2026
- 29 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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From the meeting
The commission was scheduled to consider extending Tax Increment Finance Authority District Number III for 25 years. The amended plan would keep tax increment revenue available for infrastructure, development studies, property acquisition, demolition, environmental work, and other district projects. The plan is estimated to generate about $4,400,564 in total tax increment revenue from 2025 through 2051.
This is a long-horizon funding trigger for future capital and development work.
- Meeting date
- October 5, 2026
- Agency
- City of Sault Ste. Marie
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