There were two Tax Incremental Districts (TID) on the agenda for approval at last night’s City of Marinette’s council meeting. Both were to extend the TIDs longer so that the city could do infrastructure projects to support areas within the TID boundaries. Marinette Mayor Steve Genisot says, “the last TID was a proposal for a new TID.”
Genisot says, “We have a big need for it. The Shopko building is expanding and the parking lot as well.”
The city council unanimously passed both TIDs. Development of the Hotel and Restaurant are unknown at this time.