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County public works recommends $6.06 million reimbursement to Beacon Hill developer; consent item planned
Summary
County public works recommended the Board of County Commissioners approve a $6,057,759.13 reimbursement to Beacon Hill TIF LLC for public improvements (booster station, roads, sewer, water, drainage and engineering) and place the item on the next legislative consent agenda.
County public works staff briefed commissioners on a developer reimbursement request tied to the Beacon Hill tax-increment financing (TIF) district and recommended approval of $6,057,759.13 for public improvements installed by Beacon Hill TIF LLC.
Public works staff explained the request covers construction of a booster station (water pumps and reservoir), roadways, sidewalks, sewer, water and drainage lines, and engineering costs installed in the Vistas…
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