Missouri TIF Resource CenterMissouri TIF Resource CenterMissouri TIF Resource Center
 
What type of improvements or costs can be reimbursed out of TIF revenues?
 
All reasonable or necessary costs incidental to the redevelopment plan or project, such as
 
  • Costs of studies, surveys, plans and specifications;
  • Professional service costs, including, but not limited to, architectural, engineering, legal, marketing, financial, planning or special services;
  • Property assembly costs, including, but not limited to, acquisition of land and other property, real or personal or rights or interests therein, demolition of buildings, and the clearing and grading of land;
  • Costs of rehabilitation, reconstruction, or repair or remodeling of existing buildings and fixtures;
  • Costs of construction of public works or improvements;
  • Financing costs, including but not limited to, all necessary and incidental expenses related to issuance of obligations, and which may include payment of interest;
  • All or a portion of a taxing district's capital costs resulting from the redevelopment project necessarily incurred in furtherance of the objectives of the project;
  • Relocation costs
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