Wildwood committee hears timeline, optics concerns for proposed Chapter 100 tax package

Wildwood'025 committee members on Monday discussed a developer—s request for Chapter 100 municipal financing and tax incentives, were told a cost-benefit analysis will be delivered to the city within about a week, and heard officials say that formal public hearings would likely occur no earlier than July after taxing districts receive the analysis and a required waiting period.

The committee was told the city engaged the law firm Gilmore Bell to complete the cost-benefit analysis. City staff said once each affected taxing district receives the analysis, state-required notice and waiting periods apply: taxing districts must be notified, then 20 days must elapse before the city may schedule a public hearing. City staff estimated that schedule would push any formal council action into July.

The discussion…