TID 16 — Downtown/Mariner Site District Finances
Summary
The city's oldest TIF district is about $500,000 underwater, mostly from demolition and cleanup of the old Nero/Mariner site. Increment is growing and an EPA cleanup grant is being reimbursed; the district is projected to close by 2030, possibly with donor help from TID 21 if it falls short.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Aug 4, 2026.
Impact analysis
District starts the year roughly $500,000 negative, but the ~$2 million cleanup cost is reimbursed by an EPA grant.
Downtown property owners and future apartment residents at the redeveloped Mariner site.
Mentions & discussions (1)
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