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Avon introduces Bloom Phase 2 annexation and an ordinance authorizing Lennar economic-development bonds
Summary
Council opened and closed the public hearing on the Bloom Phase 2 annexation and introduced Ordinance 2025-03 (annexation) and Ordinance 2025-04 to authorize taxable economic-development revenue bonds for a Lennar project, with bond payments to be supported by TIF revenues.
Avon Town Council on Jan. 23 opened and closed a public hearing for the Bloom Phase 2 annexation and introduced the ordinance to annex that area. The hearing drew one speaker who raised unrelated concerns about a nearby parcel; staff clarified the speaker’s concerns were not part of the annexation item.
Council also introduced Ordinance 2025-04, which would authorize the issuance of taxable economic-development revenue bonds…
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