Council approves TIF modification, changing construction date in development agreement
By roll call the council approved Resolution 2025-35 modifying the development agreement tied to a tax-increment financing (TIF) district, primarily to change the project's construction date; the chair recorded the vote 'passes 3 to 2.'
The full story
The council considered Resolution 2025-35 to modify a development agreement related to a TIF. Staff explained the change was limited to the project's construction date (updated to Dec. 1) and that other substantive terms were unchanged. A roll-call vote was taken and the chair announced the resolution "passes 3 to 2."
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