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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 district developer, Campus Neighborhood Revitalization Corporation, and follows a letter from the West Virginia Department of Economic Development indicating the department approved the application. City Attorney (presentation) described the ordinance as the formal step to put the approved amendment into effect and said the developer requested the changes to support planned redevelopment in the district.
Council members moved and seconded the ordinance’s first reading and voted 7-0 to advance it to a second reading. The amendment would remove four parcels from the district boundaries, extend the district’s termination date 15 years beyond its current termination, and request the state increase the district’s bonding capacity to support additional project phases under the amended project plan.
Carrie Cecil of Frost Brown Todd represented the city in preparing the application and was available to answer technical questions during the meeting. The ordinance implements steps already described in the application that the developer filed and that the Department of Economic Development approved.
If the ordinance passes on second reading and is adopted, the city will be able to issue additional revenue bonds under the TIF project plan to support the developer’s proposed phases. No bond issuance was approved at Tuesday’s meeting; council took the legislative step to advance the amendment.
Council recorded the vote as 7-0 in favor of the first reading.
