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ECONOMIC DEVELOPMENT The City of Red Oak has two established Tax Increment Financing (TIF) Districts for economic development purposes. County and City tax exemptions may be available for expanding industries. In addition, the Red Oak Industrial Foundation, a non-profit organization of business and industry, offers incentives based upon established criteria. The City of Red Oak is served by the Red Oak Industrial Foundation and the Montgomery County Development Corporation in its economic development efforts. Contact
Us:
Red Oak Industrial Foundation
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