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RDC staff outlines residential housing development program, tax impacts and student projections
Summary
Staff updated commissioners on residential housing development program timelines, notification steps and fiscal impacts, including estimates of 1,200 dwelling units and school enrollment and funding projections; engagement letters for financial advisors and bond counsel will follow.
City staff provided a detailed update on the residential housing development (RHD) program, timelines for legal notifications and the expected financial and school impacts of build-out.
Staff said the RHD plans have been distributed to the Portage Township assessor and trustee, property owners within proposed areas and that notice will run in the newspaper. After a 30-day review period that ends around Oct.…
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