Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council approves Old Town ‘plan of development’ and forms Lafayette Downtown Development Authority
Summary
Voters approved a DDA and use of tax‑increment financing in November; council on Feb. 18 approved the DDA’s guiding Old Town Tomorrow action plan and set the base for future DDA activity and investment in Old Town.
The Lafayette City Council on Feb. 18 approved the Lafayette Downtown Development Authority’s plan of development — a document the meeting called the Old Town Tomorrow Action Plan — formally setting the DDA’s guiding menu of projects and enabling the district to begin establishing its tax‑increment financing base.
Background: Voters in November approved the formation of a downtown development authority and the use of tax‑increment financing (TIF) for that district. The DDA is a quasi‑governmental entity similar to the city’s prior Lafayette Urban Renewal Authority (LURA); it can capture incremental sales and property tax collections…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
