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ACC Mayor & Commisson Approve Redevelopment Plans for TADs

On November 10th, the Athens-Clarke County Mayor and Commission unanimously approved redevelopment plans for all six tax allocation districts.

 

Tax allocation districts, or TADs, are redevelopment tools that work by increasing taxes within an area to fund improvements for that same area. 

District Two Commissioner Mariah Parker said the Mayor and Commission are hoping to stimulate economic development by improving "connectivity with regards to pedestrian and bicycle infrastructure."

Redevelopment areas include the Georgia Square Mall, West Broad Street, Newton Bridge, East Downtown, North Avenue, and Lexington Road. 

Now that the redevelopment plans have been approved, a formal request will be submitted to the Clarke County School District Board of Education for their consent to participate in the TAD program. 

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