City of Gulfport to use TIF bonds for promenade project
The City of Gulfport has passed a resolution authorizing tax increment financing revenue bonds in an amount of up to $5. 2 million for various infrastructure improvements. These improvements include what’s being called the “Gulfport Promenade Project”, upgrading the surrounding areas of the promenade. The TIF bonds will fund roadway enhancements, landscaping, and utilities — hopefully bringing in new businesses…