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Crutchfield District TIF amendment delayed as staff expands project-area benefits; increment estimate rises
Summary
City staff asked the committee to delay action on an amendment to Resolution 2301 for the Crutchfield District TIF plan to correct legal descriptions and expand the project-area benefits along the Archer-Lewis corridor.
City staff asked the Urban and Economic Development Committee to delay action on an amendment to Resolution 2301 concerning the Crutchfield District tax increment financing (TIF) project plan so the legal description and boundary maps can be corrected. Staff said the amended plan expands the project-area "area of benefit," allowing increment-generated investment to spill over into parts of the Archer corridor toward…
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