Tupelo officials continue efforts to enact tax incentives for 'Project Target' [Yahoo! Finance]
Target Corporation (TGT)
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Source: Yahoo! Finance
The council this week voted unanimously to authorize a Regional Economic Development Act Agreement between the city of Tupelo Lee County and other related purposes. Those “related purposes” include a tax increment financing act agreement for a development dubbed “Project Target.” “This is just the next step. It has to be done,” City Attorney Ben Logan said. The agreement positions the city and county together to make strategic plans for the upcoming development along North Gloster Steet, including infrastructure, tax incentive plans and other logistics to bringing the multi-million dollar company into town. Tax incentives the city plans to offer for the development include a tax increment financing plan, a structure that allows for tax breaks for new developments. Jackson-based Butler Snow drafted the agreement, and Logan noted he received the first draft shortly before the Monday afternoon pre-council meeting. He dubbed it in “good form.” With this step complete, the city
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TGT
Earnings
- 8/21/24 - Beat
TGT
Sec Filings
- 10/15/24 - Form 8-K
- 10/2/24 - Form 4
- 9/30/24 - Form 4
- TGT's page on the SEC website