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Commission delays decision on remaining LITA Fund 105 allocations amid competing housing and business requests
Summary
City staff told the commission about roughly $1.8 million remaining in LITA Fund 105 and two pending requests that together exceed the remaining balance; commissioners agreed to defer allocation until the full commission can meet and staff provides additional analyses.
City staff told the commission that roughly $1.8 million remained in LITA Fund 105 after previous allocations and that two pending LITA applications each request about $2 million, meaning available funds would not cover both requests.
The applications discussed were: a request tied to a multi‑family project identified in the meeting as the Sundora Apartments (an applicant-led development described as contracting directly with the U.S. Department of Defense, which staff said may qualify it…
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