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Council approves pilot agreement and establishes affordable housing fund on second reading
Summary
The Columbus Common Council voted 9-0 to pass second readings of a pilot tax-exemption agreement with TWG Development LLC and an ordinance establishing an affordable housing fund, both tied to a proposed downtown mixed‑use project.
Columbus Common Council on Tuesday passed, on second reading, two ordinances tied to a proposed downtown development: a pilot agreement with TWG Development LLC and an ordinance establishing an affordable housing fund.
The measures, both taken on second reading, passed by voice/roll-call vote 9-0. The pilot agreement ordinance references Indiana Code sections authorizing property tax exemption via a pilot agreement; the affordable housing fund ordinance was taken under Indiana Code 5-20.5-15.5.
Paul Smith, city staff, told the council…
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