SIOUX CITY...THE SIOUX CITY COUNCIL WILL VOTE MONDAY ON REDEVELOPING THE FORMER PIPER-JAFFREY BUILDING AT 4TH AND JACKSON.
CITY ECONOMIC DEVELOPMENT DIRECTOR MARTY DOUGHTERY SAYS THE 6-STORY BUILDING WILL BE BOTH COMMERCIAL AND RESIDENTIAL:
THE PROJECT WILL INCREASE THE ASSESSED VALUE OF THE BUILDING FROM A HALF MILLION TO 4 MILLION DOLLARS.
THE CITY WILL REIMBURSE THE DEVELOPER 500-THOUSAND DOLLARS THROUGH TIF FUNDS.
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