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TAX INCREMENT FINANCING

Tax Increment financing is a tool which cities can use to encourage development by using the tax increment from new development projects to finance certain elegible costs of the project. Administered by the City of Barnesville.

Type of Funding: This is not a loan program.

Eligible Uses of Funds: Land acquisition, demolition, site preparation, public improvements, planning, legal, administrative and bonding.

Contact:
Barnesville Economic Development Authority
210 Front Street North
PO Box 550
Barnesville, MN 56514
(218) 354-2145 or (800) 354-7570
Contact us via e-mail at klauer@bvillemn.net

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Barnesville Economic Development Authority

202 Front Street North
P.O. Box 550, Barnesville, MN 56514
(218) 354-2145 or (800) 354-7570
Contact us via e-mail at klauer@bvillemn.net