Council sets hearing on Southeast Urban Renewal amendment, debates TIF options
Council approved a resolution to set consultation and public hearing dates for Amendment No. 2 to the Southeast Urban Renewal Plan and discussed tax-increment finance (TIF) scenarios, including 80% vs. 100% capture and cap removal options that would change payoff timing.
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The council voted to set consultation and public hearing dates for Amendment No. 2 to the Southeast Urban Renewal Plan, approving Resolution 2026-28 to begin the process. The resolution was moved, seconded and approved by the council.
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