MDN: EDGE Approves Creation of Graceland TIF District
“A special taxing district to help pay for a massive redevelopment of Graceland came one step closer to reality Tuesday. The board of the city-county Economic Development Growth Engine approved the creation of a Tax Increment Financing, or TIF, district around Graceland Tuesday, Nov. 25. The TIF will collect incremental increases in property tax revenue to help pay for major improvements to Graceland and the immediate area around Elvis Presley’s former mansion in Whitehaven, including a resort-style hotel. ….” EDGE Approves Creation of Graceland TIF District – Memphis Daily News. Continue reading MDN: EDGE Approves Creation of Graceland TIF District