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Council approves $2.25 million TIF bond support for Vita Lifestyle 55+ housing project
5437458 · June 3, 2025
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Summary
The council authorized a $2.25 million TIF-backed bond to support a $45 million active-adult housing development for residents 55 and older; council took the measure on second and final reading with no public comment.
The Lafayette Common Council on June 1 approved an ordinance authorizing taxable economic development revenue bonds of $2,250,000 to support the Vita Lifestyle residential housing project, an active-adult community for residents 55 and older.
Dennis Carlson,…
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