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Council advances ordinance to realign North Meadows Drive as benefit to Pinnacle development
Summary
On its second reading and public hearing, council advanced Ordinance C23-25 to declare the realignment of North Meadows Drive a public benefit to the Pinnacle TIF development area; the ordinance was approved by roll-call vote.
Council conducted the second reading and public hearing for Ordinance C23-25 to declare the realignment of North Meadows Drive a public benefit to the Pinnacle Tax Incentive Financing (TIF) development area and approved the ordinance.
Councilmember Dew introduced the item as the second reading in public hearing and said the ordinance declares the realignment a benefit to the Pinnacle TIF area. The ordinance proceeded without extended public comment and was moved for approval and seconded. Roll-call votes recorded the ayes of councilmembers present; the chair called for the adoption of the ordinance.
The council did not provide detailed engineering at the meeting; the ordinance on the council docket is a declaration of benefit and would move the project forward within the Pinnacle financing framework and related development approvals.
