OSAGE | The Mitchell County Board of Supervisors is getting closer to narrowing down the list of projects that will receive funds from tax increment financing.
During their March 5 meeting, the supervisors took no formal action on any projects, but tentatively agreed to give the Mitchell County Economic Development Commission $2 million in TIF funds over two years to continue its incentive program for residential and commercial construction.
Supervisor Steve Smolik said he wasn't in favor of giving TIF funds toward the incentive program, but "I am going to let you two (fellow supervisors Stan Walk and Barb Francis) decide."
Both Walk and Francis are in favor of giving TIF funds to the building incentive program.
All three supervisors said they are in agreement on giving the secondary roads department $1 million in TIF funds to purchase gravel for maintenance on unpaved secondary roads, which will free up other funds for the department to buy new equipment.
The three also agreed on giving county conservation $109,000 in TIF funds toward the purchase of the Robin's Nest property to create a wildlife area.
Walk said he is in favor of providing some TIF funds to build an assisted living center in St. Ansgar.
He said the request was for $500,000, "but I would not go that high."
Smolik and Francis said they are reluctant to provide any TIF funds for the assisted living center.
The county has never provided TIF funds in the past for assisted living centers.
The discussion on possible TIF projects will continue at the March 12 board of supervisors meeting.