Board approves public-information notice for proposed TIF financing
Summary
The Board approved a public-information notice related to an upcoming vote on TIF (Tax Increment Financing) district financing; staff will post the notice at city hall and online and the RA director took questions on contact points for inquiries.
Sean Atkins of the Rutland Redevelopment Authority presented a cleaned-up public-information notice regarding proposed TIF financing and asked the board to approve posting the document. Atkins said the notice is detailed and will be posted at City Hall and on municipal websites; he encouraged residents with questions to consult the posted materials and contact his office for additional information.
Aldermen voted to suspend the rules and approve circulation of the public-information notice the same evening so the city can begin public outreach prior to the financing vote referenced in Atkins’ update.
Atkins said staff will be the primary point of contact for public questions and that the RA and city websites will host the notice and supporting documents. No financing decision was made at the Sept. 15 meeting; the item was an authorization to publicize information ahead of the vote.
