TIF District Study
By Alex Haglund
At their February 4 meeting, the Nashville City Council voted to move forward with a feasibility study for a TIF (Tax Increment Financing) district after hearing a request from Dean Oelze of Hawk Development, LLC for the study at the second January meeting.
Oelze told the council of his interest in developing land into retail facilities or a hotel and told the board that without a TIF district, they wouldn’t be able to move forward.
Oelze was unable to
attend the February meeting, but told Mayor Raymond
Kolweier that council members
could contact him if necessary.
Council member Sue Finke motioned to approve the feasibility study and the council voted to approve it.
“It’s not to say we’’re having a TIF,” Finke said, “it’s just to see if it qualifies for a TIF.”