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TIF deal on River Point Drive

Manitowoc

Summary

The committee recommended a tax incremental financing term sheet for a project on River Point Drive Lots 1 & 2 and told staff to finish the development agreement and property sale.

At a glance

Total mentions: 1
Last 30 days: 0

Last discussed Jul 6, 2026.

Impact analysis

💰Financial impact

Terms not disclosed in open session; TIF financing details are in the term sheet.

✅Who benefits

The developer of the River Point Drive project and future development on those lots.

Mentions & discussions (1)

MeetingJul 6, 2026approved

Finance Committee - Jul 6, 2026

The committee recommended a tax incremental financing term sheet for a project on River Point Drive Lots 1 & 2 and told staff to finish the development agreement and property sale.

Related development

under-review

TIF Term Sheet — River Point Drive Lots 1 & 2

Public financing support for a private development on city-owned riverfront lots; terms were hashed out in closed session.

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