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Commission confirms Legacy 2 allocation area after no public comment at hearing

2699161 · March 19, 2025
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Summary

After a public hearing with no speakers, the commission approved the Legacy 2 confirmatory resolution to create an allocation area for a stalled development that may include multifamily, commercial space and 'Leo Cottages.'

The Redevelopment Commission opened and closed a public hearing on the Legacy 2 confirmatory resolution with no attendees offering testimony, then approved the confirmatory resolution to create the Legacy 2 allocation area.

Staff said the confirmatory action carves out two parcels from the current Legacy area for a development that has been stalled and may resume. The project description given to the commission included a multifamily component, commercial retail and the potential inclusion of the Leo Cottages. The resolution is a confirmatory step after a prior declaratory resolution; staff said it will enable the allocation area to pay into bonds that funded infrastructure in the area.

Commission roll-call votes were recorded as all ayes (President Hammer; Vice President Bowers; Secretary Brooks; Commissioner Shalio; Councilor Austin). No public speakers appeared for or against the resolution during the hearing.

Why it matters: carving these parcels into an allocation area is an administrative step that allows future increments to support infrastructure bonds if the stalled project restarts.