Des Moines City Council to discuss TIF districts

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The Des Moines City Council will vote today on whether to approve a tax increment finance district for an area of the city that borders Altoona and discuss creating a similar district for an area that includes Southridge Mall, whose value for tax purposes has undergone a dramatic decline in recent years. Click here to read a related story in the Business Record. The financing would be used to pay for infrastructure improvements and spur economic development.