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HRA approves fourth amendment to TIF plan for Shepherd Davern rental project; item forwarded to council public hearing

5897730 · November 13, 2024
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Summary

The HRA approved a fourth amendment to the tax-increment financing plan for Housing TIF District No. 2 (Shepherd Davern rental housing project) and an HRA budget amendment for Ward 3, adopting the resolution 7-0; a city council public hearing on the item was noted.

The Housing and Redevelopment Authority voted 7-0 to approve a fourth amendment to the tax-increment financing (TIF) plan for Housing TIF District Number 2, covering the Shepherd Davern rental housing project, and an accompanying HRA budget amendment for District 15, Ward 3.

Director Kevin Goodman told commissioners the item had been presented at an earlier meeting and staff recommended approval. The director also noted there would be a public hearing on the same item before the City Council later the same day.

Commissioner Jones moved approval; the motion carried without recorded discussion. The chair announced the resolution adopted 7 in favor, 0 opposed. No amendments or conditions were recorded during the HRA vote.

The HRA’s action is a formal approval step; the transcript shows the board’s vote and that the City Council would also hold a public hearing on the matter. The transcript did not record public testimony or the content of the TIF amendment beyond its title.