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Commission adopts city manager recommendations on Willow Hills TIF structure; accepts $165,675 DOJ grant
Summary
City Manager staff explained changes to the Willow Hills Tax Increment Financing (TIF) proposal to segment incentives by phase while keeping the overall TIF cap, and commissioners approved city manager recommendations and voted to accept a $165,675 U.S. Department of Justice aggregate grant.
City Manager staff provided context to the Dayton City Commission on March 12 about ordinance changes tied to the Willow Hills housing development and commissioners approved the city manager's recommendations and several items on the legislative calendar.
City Manager Parlett said the ordinance (listed in the minutes as ordinance number 32142-25) modifies prior Willow Hills TIF legislation first before the commission in 2020 and splits the previously authorized TIF benefits into five individual incentive districts corresponding to phases of the project. "The TIF…
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