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City outlines ambitious plans for parks and housing projects

November 13, 2024 | Liberty Lake, Spokane County, Washington


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City outlines ambitious plans for parks and housing projects
During a recent government meeting, council members discussed various initiatives related to parks, arts, and infrastructure funding, highlighting the city's ongoing commitment to community development and support for affordable housing.

The meeting began with a review of the strategic plan for parks and arts, where council member Ball proposed the idea of hosting visiting artists at the Trailhead art wall. This suggestion will be forwarded to the Parks and Arts Commission for consideration.

The council then shifted focus to the Tax Increment Financing (TIF) and Local Infrastructure Financing Tool (LIFT) projects. Kyle, a city representative, provided an update on the TIF and LIFT eligible projects scheduled from 2023 to 2026. Notable completions included the Kramer Overpass and Mission Avenue Improvements, with ongoing projects such as the Hub facility expansion. The TIF program, which sunsets in 2034, is a collaborative effort involving the city, Spokane County, and the Spokane Valley Fire District, with funding sourced from property tax increments in designated areas.

A significant portion of the discussion centered on the affordable housing sales tax revenue, which is earmarked for specific uses under state regulations. Council members expressed concerns about the limited funds available—approximately $130,000 projected for 2025—highlighting the need for collaboration with larger jurisdictions to effectively address housing challenges. The council emphasized that while Liberty Lake has minimal housing issues, it remains committed to contributing to regional efforts.

Overall, the meeting underscored the city's proactive approach to community enhancement through strategic planning and funding initiatives, while also addressing the complexities of affordable housing in the region.

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