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Council approves TIF and 1% CID for 30th & Topeka Boulevard redevelopment, with capped reimbursements
Summary
Council approved a redevelopment plan, a 1% community improvement district (CID) sales tax and a development agreement for a proposed commercial redevelopment at 30th and Topeka Boulevard; the development agreement includes a combined reimbursement cap and commencement and place-in-service deadlines.
The City Council approved a redevelopment project plan, a 1% community improvement district (CID) sales tax and an associated development agreement for a proposed redevelopment at the northeast corner of 30th and Topeka Boulevard on Aug. 12.
Rhiannon Freeman, the city's director of development and planning, presented a combined briefing on three related items: the tax-increment financing (TIF) project plan, the CID formation and the development agreement. The developer, Battiste Development Company, has proposed demolition of an existing structure on the 2.66-acre site and construction of a quick-service restaurant (developer-owned) and up to two third-party commercial pad buildings.
Freeman said the…
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