Closed TID 4: Stokely site reported $9.5M incremental value; funds pending audit
Ehlers told the Joint Review Board that TID 4 (Stokely Site Senior Center and Housing Development) closed April 6, 2025 with a final incremental value of $9.5 million; an audit will precede distribution of residual funds and a transfer to the affordable housing fund was already recorded.
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Casey Urquhart of Ehlers reported that TID 4 — the Stokely Site Senior Center and Housing Development — was created in 2002 and closed April 6, 2025; he said the final incremental value was $9.5 million and the 2025 year-end fund balance was zero. "This is TID 4, the Stokely Site Senior Center and Housing Development, which was created back in 2002 and closed April 6th of 2025," Urquhart said.
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