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Council approves CRA expansion and TIF measures tied to Northport residential hotel; staff outlines infrastructure uses
Summary
City council approved expansion of the Community Reinvestment Area and moved forward on tax increment financing language tied to a Northport residential hotel; staff said TIF proceeds will fund public water lines and other Sunbury Parkway improvements and referenced associated agreements for Woodland Lake infrastructure.
Sunbury — At third reading July 30, council approved Ordinance No. 2025.24 to expand the city's Community Reinvestment Area (CRA) and amend related resolutions, and staff described a companion second‑reading ordinance establishing a tax increment financing (TIF) mechanism tied to a Northport residential hotel.
The ordinance authorizes expanding CRA number 0417560201 and amends…
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