II. RECITALS

Community Redevelopment Board · 2026-06-02 · agenda_item

The Panama City Community Redevelopment Agency is considering a Tax Increment Rebate program to encourage private investment within its Community Redevelopment Districts. This program aims to revitalize targeted areas by reducing development costs for private projects. The agency is working with Golden Developments, LLC, on a specific performance agreement for the redevelopment of a subject parcel. This initiative is currently under review as part of the city's broader economic development and recovery strategies. The project would likely involve site preparation, construction, and related trades, driven by private sector investment spurred by the rebate program. Local contractors, suppliers, and service providers are encouraged to engage early to understand the program's details and potential opportunities as plans develop.