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Council approves first reading to realign Beaver Creek TIF district boundaries
Summary
Johnston approved first reading of Ordinance 1143 to remove a small area from tax increment financing (TIF) division in the Beaver Creek urban renewal area; staff said the change is needed to make the TIF boundary consistent with the urban renewal area and must meet a Polk County deadline.
The Johnston City Council approved first reading of Ordinance 1143 on Tuesday to remove certain parcels from division of property taxes within the Beaver Creek urban renewal area.
City planner Josh told the council the ordinance aligns the TIF district with the underlying urban renewal area by…
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