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Public hearing on TIF for Victoria Ridge affordable housing continued to May 27 after resident questions
Summary
A public hearing on establishing a TIF district for an affordable housing project at Victoria Ridge was continued to May 27 after a resident asked council to clarify the city’s long‑term vision for growth and use of tax increment financing.
The council opened a public hearing to consider establishing a tax‑increment financing (TIF) district for an affordable housing project within the Victoria Ridge development and then continued the hearing to the city’s May 27 meeting to allow additional staff presentation and public comment.
Nut graph: A resident asked council to explain the long‑term vision for housing and whether the city intends to use TIF to encourage population growth; staff postponed the staff presentation and scheduled a continued public hearing so council and the public can review more materials.
Resident Vince Bodette — who identified himself as living at 118570 Ninth Street — told council he wanted to understand the city’s long‑term vision for using tax increment financing to support projects that include low‑income housing. "What I really like to know is what exactly is the long term vision that you as a city council have?" Bodette asked. He said he understood TIF generally but wanted more detail about the city’s goals before council committed public incentives.
Council did not take further action on the TIF item; a motion to continue the public hearing to May 27 passed by voice vote.
Ending: Staff will prepare the project presentation and additional materials for the May 27 public hearing where council will hear the staff report and additional public testimony before taking any action on TIF formation or incentives.
