Commissioners give thumbs up to proposed Smithfield TIF
City of Sioux Falls, Development Foundation brief Minnehaha County Commission on $90 million district
Minnehaha County commissioners gave their blessing Tuesday to a tax increment financing district that would be established by the city of Sioux Falls to assist Smithfield Foods in building a new pork processing plant.
“The TIF is absolutely appropriate and the right thing to do,” Commission Chairman Dean Karsky said. A new state-of-the-art pork processing plant would be felt by the community for generations, he added.
Data center sales tax break, power deregulation blocked in South Dakota — for now
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South Dakota’s bid to lure large-scale server farms stumbled again this week at the state Capitol as data center-wary lawmakers rejected a pair of business-backed measures touted as economic development tools.
