Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council names city developer for RPA 3; members and residents press for TIF transparency over Main Circle purchase
Summary
The Chesterfield City Council voted 6-2 to designate the city as developer for projects in redevelopment project area RPA 3, a procedural step tied to the Chesterfield Regional TIF and to planned acquisitions including the Main Circle property.
The Chesterfield City Council voted to designate the city as the developer for projects in redevelopment project area RPA 3, a measure tied to the city's Chesterfield Regional Tax Increment Financing (TIF) plan. The ordinance's second reading passed 6-2 after several council members and a resident urged clearer, itemized project descriptions and budget figures for the TIF work that will follow.
Council member Tocco criticized the documentation accompanying the vote, saying the description tied to the agenda "doesn't even correspond with the TIF project list nor does it define or quantify the dollar amount involved." She asked the council to publish an updated TIF project list with final dollar amounts and a timetable before approving projects that implement the plan.
The discussion tied directly to the Main Circle property acquisition, an item identified in the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
