49-24/25 - Tax Increment Financing (TIF) Redevelopment Program

Florence County is hereby requesting proposals from qualified consultants to develop a new downtown TIF district. The selected firm will evaluate the original TIF district area for eligibility, adjust those boundaries as appropriate, conduct any necessary studies, and create a redevelopment plan based on sound financial analysis and market realities. As part of the TIF creation process, the selected firm will assist County staff in coordinating all necessary public engagement activities and all public meetings, including those with other local taxing bodies. Some of this may be done in a hybrid or remote meeting format, but the most important meetings must be undertaken in person. The County is interested in an expedited project timeline with an anticipated completion date of late 2025 so that the new district can be effective in 2026. Project costs should reflect that aggressive timeline and be commensurately competitive.