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Votes at a glance: Council approves property-transfer ordinance, TIF actions, stormwater appropriation and other measures
Summary
At its March 19 meeting the London City Council adopted multiple ordinances and resolutions on tax-increment financing (TIF) implementation, property transfers, stormwater appropriations, tax-incentive reviews, and other routine administrative items. Several items were advanced with roll-call votes; some required amendments before passage.
The London City Council adopted several ordinances and resolutions during the March 19 meeting. The principal items and outcomes recorded in the meeting are summarized below.
Ordinance 208-24 (property title acceptance and transfer): Council adopted an amended ordinance to accept title to certain property and immediately transfer it back to the owner to implement tax-increment financing; members recorded a roll-call vote in favor and the ordinance passed. Councilmembers voted to amend the ordinance to add an inadvertently omitted parcel and to include a transfer and indemnification agreement that will inure to the city’s benefit.
Ordinance 207-24 and 209-24 (establishing incentive districts/TIF designations): These items…
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