Lamar Project TIF bonds
Summary
The city will issue up to $2.9 million in tax increment financing bonds to repay the Lamar project developer for roads, the Molly Barr/Chickasaw roundabout, and sidewalks. Property tax revenue from the new development — with county participation — pays the bonds back over 15 years.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed May 19, 2026.
Impact analysis
No immediate city outlay — bonds are repaid from the project's new tax revenue over 15 years.
The developer gets reimbursed upfront, and the city gets the infrastructure without tapping general funds.
Mentions & discussions (1)
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