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Morgantown council approves first reading to amend Sunnyside TIF, extend term 15 years
Summary
City council approved a first reading to amend Redevelopment District No. 3 (Sunnyside), removing four parcels, extending the district termination date 15 years and seeking increased bonding capacity to fund future development phases; the Department of Economic Development has approved the developer's application.
MORGANTOWN, W.Va. — The Morgantown City Council on Tuesday approved the first reading of an ordinance to amend Redevelopment District No. 3 (the Sunnyside tax increment financing district) to remove four parcels from the district, extend the district’s termination date by 15 years and permit issuance of additional tax- and current-revenue bonds to fund future development phases.
The change implements a tax increment financing (TIF) application dated 04/07/2025 submitted by the…
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