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Gainesville City Council OKs tax district funding
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Gainesville City Council approved three requests Tuesday for tax allocation district funding.

Gainesville has two tax allocation districts — the midtown area and Lakeshore Mall — wherein increments in property taxes resulting from new growth are reinvested in properties.

After establishing a baseline of property taxes owed, any increments resulting from an increase in property value is pumped into the TAD account and reinvested in improvements.

Based on the recommendations of the TAD Advisory Committee, the council approved the city’s own request for $69,480 to help complete the second phase of the Midtown Greenway trail.

The project will extend the current trail south from Martin Luther King Jr. Boulevard to Industrial Boulevard and north from Parker Street to Main Street.

The council also approved up to $192,500 for demolition efforts as Chastain Janitorial Supply plans to build a new office and showroom at 1630 Martin Luther King Jr. Blvd.

Finally, the council approved $62,035 in funding to Looking Glass Surveys for its conversion of an old Pure Oil Station at 131 Green St. into an office building.

In other business, City Council approved the addition of three recruits per 12-week firefighter training school.

Gainesville Fire Chief Jerome Yarbrough told city officials last week that extra personnel are needed to cover for recruits who fail to complete required training.

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