Council approves TIF certificate and note for Nelson Properties
City staff reported Nelson Properties submitted eligible expenses above the minimum in the development agreement. The council followed the prescribed TIF process (certificate of completion, resolution, TIF note) and approved the action as listed on the action sheet.
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Staff reported Nelson Properties has submitted expenses that meet the development agreement’s minimum requirements. The council followed the standard TIF process described by staff — a certificate of completion, a resolution and the approval of the TIF note — and approved the items on the action sheet by voice vote.
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