Financial incentive for new Smithfield packing plant in Sioux Falls clears first City Council test
Council agrees to forward $90 million tax increment financing deal to help pay for wastewater treatment facility at Foundation Park
Smithfield Foods cleared a public hurdle on Tuesday on the way to approval of a financing plan for a portion of a new $1.3 billion pork processing plant in northwest Sioux Falls.
The Sioux Falls City Council unanimously agreed to forward a $90 million tax increment financing deal to a final debate and vote at their next meeting on March 17.
The plan attracted only muted public input and council debate at Carnegie Town Hall and company officials said the TIF was a key element of their decision to stay in Sioux Falls.
Rhoden-supported effort to lower barriers on local government referrals fails
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PIERRE – A measure to reduce the number of voters needed to refer a local government decision failed Tuesday after the South Dakota House rejected amendments that had been placed in the bill by the Senate.
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