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Council starts tax‑increment financing process for Garfield Avenue overlay, schedules public hearing
Summary
Council authorized drafting an ordinance to delineate an overlay and adopt an economic development plan to enable a Garfield Avenue incentive district (TIF); public hearing was set for Aug. 19, 2025.
Council voted on July 15 to begin the statutory process needed to pursue tax‑increment financing (TIF) for an area around Garfield Avenue, adopting an economic development plan and setting a public hearing for Aug. 19, 2025.
City staff said the proposal would create an overlay of parcels (parcel boundaries and a map were attached to the draft ordinance) and adopt a written economic development plan that, if a TIF is later approved, would capture a portion of new property tax…
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