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Council approves amendment to TIF Reinvestment Zone financing and project plan for FY2025–2029
3575483 · March 6, 2025
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Summary
Council approved amendments to the Tax Increment Financing Reinvestment Zone No. 1 financing and project plan to realign projects and adjust timing and operating expenditures for fiscal years 2025–2029.
The City Council voted 4-0 to adopt an amendment to the Tax Increment Financing (TIF) Reinvestment Zone No. 1 financing and project plans covering fiscal years 2025 through 2029, reallocating funding and adjusting project timing.
Finance staff said the Reinvestment Zone Board reviewed and approved the amendment and that project and finance committees met multiple times…
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