The 34-million-dollar plan would redevelop the old High Pointe Shopping Center. The TIF Commission last week approved Dierbergs 5.1-million-dollar Tax Increment Financing request.
Prewitt, who is developing Prewitt’s Point and other projects in the Lake area, says the Dierbergs TIF lacks specificity. In a letter to the Board earlier this week, he said it’s “financially unnecessary and legally deficient.”
The Board meets Thursday at 6:30 p.m. at Osage Beach City Hall.