Council discusses two non‑school TIFs to support roadwork and reconstruction
Ordinances 2026‑16 and 2026‑17 (North End and Geyers Chapel non‑school TIFs) were the subject of second‑reading discussions; council and staff clarified how TIF funds can be used, time limits, and potential projects such as a Riffle Road extension and Geyers Chapel reconstruction.
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Two related ordinances proposing non‑school tax increment financing (TIF) districts — 2026‑16 for the North End and 2026‑17 for Geyers Chapel — were given a second reading Sept. 21 and held for third reading. Councilors and staff discussed estimated revenues (about $145,000/year for the North End TIF and up to $146,000/year for Geyers Chapel) and how proceeds could support local infrastructure projects.
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