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Council adopts Woodwind economic-development area and approves plan to finance golf-course improvements
Summary
The council approved a declaratory resolution establishing the Woodwind Economic Development Area and related residential housing allocation areas, and heard an introduction of bonds to finance Woodwind Golf Course improvements. Councilors discussed land-swap mechanics and future land-use options before unanimously adopting the resolution.
Westfield
On May 12 the Westfield Common Council unanimously adopted a declaratory resolution creating the Woodwind Economic Development Area (EDA) and associated residential housing allocation areas; the council also heard an introduction to an ordinance authorizing up to $6 million in economic development bonds to finance improvements to the Woodwind Golf Course.
Economic-development staff and legal counsel said the EDA and allocation areas are designed to enable tax-increment financing to pay for infrastructure and improvements associated with the developer's planned reconstruction of three existing golf holes and the establishment of three new holes. Rachel Baker of Economic Development described four allocation…
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