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Council approves revised Dolan Commons amendment tying incentives to housing deadline
Summary
The council approved a second amendment to the Dolan Commons development agreement that modifies commercial and tax-rebate ratios and re-establishes a firm deadline for the developer to complete a 10-unit townhome phase by Dec. 31, 2027 or forfeit incentives.
The Moline City Council on July 22 approved a second amendment to the Dolan Commons development and economic incentive agreement that resynthesizes sales- and property-tax rebate ratios and reaffirms a housing delivery requirement for phase 3 of the project.
City staff described the agreement history: the original 2016 Dolan Commons agreement and a 2018 amendment had left phase 3 (housing) delayed. The new amendment keeps the project’s maximum combined incentives…
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