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PACC project approved $4.75 million general obligation sales tax revenue bonds In a public hearing, it was approved for $4,750,000 general obligation sales tax revenue bonds. Following this, the 2021 project was approved for property tax abatements prior to the sale of the bonds on May 10. Written By: Elizabeth Vierkant | 11:50 am, Apr. 29, 2021 The city of Perham held a special City Council meeting on the evening of Wednesday, April 28 to discuss several updates on the Perham Area Community Center project. In a public hearing, the 2021 project was approved for $4.75 million general obligation sales tax revenue bonds. After this, it was approved for property tax abatements prior to the sale of the bonds on May 10. ....
The tax increment financing housing district includes home and apartment expansion. 3:06 pm, Apr. 1, 2021 × The Perham City Council established a tax increment financing district for housing expansion in March 2021. The district includes 13 parcels in five areas. Photo courtesy city of Perham The Perham City Council established a new tax increment financing housing district on Wednesday, March 31. The district has 13 parcels in five areas. Within district 2-43, the Westwind 4 homes and Grow Perham apartments will be expanding. Westwind 4 will include approximately 30 single-family homes. The properties are undeveloped, which allows the city to form a new TIF district. The plan is to develop six properties a year through May 2026. ....