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Laredo
Laredo is using federal grant funding to restore the historic old federal courthouse and set up a small business support center. Officials hope this project will spark further private investment, fix aging infrastructure, and bring more visitors and businesses downtown.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days, 1 the 90 before that.
The CLMD assessment is 20 cents per $100 of property value, while the Plaza Theater restoration will cost $8.5 million.
Downtown property owners and businesses, as well as the general public through improved aesthetics and safety.
Business owners facing additional tax assessments who may struggle with the increased financial burden.
Laredo is using federal grant funding to restore the historic old federal courthouse and set up a small business support center. Officials hope this project will spark further private investment, fix aging infrastructure, and bring more visitors and businesses downtown.
The city is debating how to best support downtown growth, balancing the need for supplemental services like cleaning and security with the financial burden on local business owners.
We'll include it in your weekly brief whenever the council takes it up.
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