City Authorizes New Tax Incremental District

City Authorizes New Tax Incremental District

On Monday night, the Yankton City Commission decided to create a new Tax Incremental District to assist in development in the East Side Industrial Park.

Dave Mingo, Yankton’s Community and Economic Development Director, explains the proposal …

Setting up a TID (Tax Increment District) allows more infrastructure to be installed, in turn allowing for even more development in the area.

Mingo describes the impact to the area around Gehl Drive…

The Manitou expansion project is expected by the Commission to be a great way jumpstart development in the entire area.