Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Tif And Economic Development topic

No spam. Unsubscribe anytime.

Council discusses TIF support for Eagles building repair; staff to draft resolution

2388695 · February 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council members discussed using TIF funds to support HVAC, walk-in cooler and parking-lot repairs at the Eagles building and asked staff to draft a resolution outlining funding terms, including a 10–20% one-time grant and a repayment stipulation if the property sells.

Council members discussed a Tax Increment Financing (TIF) request from representatives of the local Eagles organization to help pay for needed repairs at the Eagles building, including HVAC replacement, a walk-in cooler and possible parking-lot resurfacing.

Mick, present as the Eagles’ representative, told the council the building needs seven HVAC units, an evaporator coil, and work on the walk-in cooler. Mick and staff supplied preliminary estimates: roughly $58,000 for HVAC work, about $6,071.20 for the walk-in cooler and approximately $14,500 for the parking lot resurfacing, producing a combined estimate in the neighborhood of $74,000 if all three items are done.

City staff said the TIF district could allow the city to cover such work and that the council typically considers grants in the 10%–20% range for similar projects; a 10% grant on a $74,000 project would be roughly $7,400 and 20% roughly $14,800. Several council members expressed support for assisting the Eagles, calling the organization an asset to the community. One council member suggested $14,800 as an acceptable one-time grant level if the council agreed.

Council asked staff to prepare a formal resolution with contract language that would protect the city’s investment if the Eagles ceased operations or the property changed hands. Staff described a proposed stipulation under which the city’s contribution would be repaid on a schedule (reimbursing the city at a reduced rate if the property reverted or was sold) rather than leaving the contribution unsecured.

Next steps The mayor and staff said a resolution will be prepared for a future meeting. Staff expects to bring documentation and a draft contract at an upcoming council meeting for formal action; no final grant award was made at the meeting and the council did not vote on a funding amount.

Why it matters The TIF district covers a portion of downtown redevelopment and assignments of TIF dollars for building repairs can set a precedent for future requests. Council members emphasized balancing support for local nonprofit facilities with fiscal safeguards to protect public funds.