BISMARCK, N.D. (AP) - The North Dakota Supreme Court has ruled that the city of Bismarck can use its tax increment finance district funds for a quiet rail zone and a parking ramp.
The court’s decision pertains to the second appeal filed by businessman Curly Haugland against the city after a district court ruling favored Bismarck after Haugland sued over of its 34-year-old district.
Bismarck intends to use the TIF funds to pay for a $13 million parking ramp under construction downtown and quiet rail protection projects.
Haugland first sued the city in 2010 claiming its use of TIF funds to pay for renewal projects violated the state law.
The Bismarck Tribune (https://bit.ly/1j1SWuN ) reports Haugland in his latest appeal argued Bismarck didn’t comply with requirements in 1994 for modifying its urban renewal plan.
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Information from: Bismarck Tribune, https://www.bismarcktribune.com
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