Clarksburg council advances downtown redevelopment with three TIF ordinances on first reading On Dec. 18, 2025, Clarksburg City Council approved first readings for three tax-increment-financing ordinances to amend the downtown TIF and create two new TIF districts (Waldo Hotel and Golf Building) and discussed how much incentive money to place into project escrows.

Clarksburg's City Council is gearing up for a transformative redevelopment with new TIF districts aimed at revitalizing the downtown area, including the historic Waldo Hotel!

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#ClarksburgHarrisonCounty #WV #ClarksburgRedevelopment #EconomicDevelopment #TaxIncrementFinancing

Clarksburg council approves three TIF resolutions to create or amend redevelopment districts The Clarksburg City Council approved resolutions to amend Redevelopment District No. 1 and to create Redevelopment Districts No. 2 (Waldo Hotel) and No. 3 (Golf Building), and staff said subsequent ordinances and funding agreements will follow if state approval is received.

Clarksburg City Council just took a major step towards revitalizing downtown by approving three new tax-increment financing districts that could unlock millions in funding!

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#ClarksburgHarrisonCounty #WV #CommunityInvestment #CitizenPortal #ClarksburgRedevelopment