TID 12 closure (I-43 Industrial Park)
Summary
The Authority amended and then terminated TID 12, the I-43 Industrial Park district, closing out its financing chapter.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jul 14, 2026.
Impact analysis
Termination returns any excess tax increment to the overlapping taxing jurisdictions.
Taxpayers benefit as the district winds down and excess increment returns to schools, the county and the city.
Mentions & discussions (1)
Related development
TID 12 — I-43 Industrial Park Allocation Amendment
Keeps the $12 million shipyard park project moving despite bids coming in about $2 million over estimate, in a lower-income part of the city.
TID 12 Allocation Amendment and Termination
Shipyard park improvements get funded; the long-running industrial park TID closes out on schedule.
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