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Boone council adopts FY2026 CIP, sets housing assessment hearing, approves downtown grant and ordinance changes

2497204 · March 4, 2025
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Summary

At the same meeting the council approved the city's FY2026 capital improvement plan, set a March 17 public hearing for a community development and housing needs assessment, approved scheduling related to $1.7 million general obligation loan notes, authorized a downtown redevelopment grant agreement, and advanced a parking ordinance change.

The Boone City Council approved multiple resolutions and an ordinance during its meeting, adopting the city's fiscal-year 2026 capital improvement plan (CIP) and taking several procedural steps on community development and financing.

Key approvals and actions

- The council adopted the FY2026 capital improvement plan by resolution (roll-call approval). Council members voted in favor on the recorded roll call.

- The council set a public hearing for March 17, 2025, at 6 p.m. to consider adoption of a community development and housing needs assessment. The council approved a resolution to schedule that hearing.

- The council approved a resolution fixing a date for a meeting on authorization of a loan and disbursement agreement and the issuance of not-to-exceed $1,700,000 general obligation capital loan notes. That resolution moves the financing matter to the next required consideration step.

- The council approved a resolution to authorize execution of a downtown-business redevelopment grant agreement (Revitalize Boone) with Midtown Crossing LLC, the owner/operator of a downtown entertainment/restaurant business. The economic development committee recommended approval.

- The council advanced an amendment to the city's parking regulations (Ordinance No. 20316) and then moved to skip a third reading and adopt the ordinance to adjust parking rules, including a handicapped-parking space allowance; the motion to skip the third reading and adopt was approved by roll call.

Why it matters: The CIP adoption outlines planned capital spending for the coming fiscal year. The scheduled housing-needs assessment hearing and the loan-note scheduling are procedural steps that enable the city to pursue financing and planning tools for future projects. The downtown grant supports a private downtown business's expansion and is tied to the city's effort to revitalize downtown storefront occupancy.

Votes at a glance: Each item above was approved by recorded roll-call votes at the meeting. Specific roll-call tallies were recorded in the meeting minutes for each resolution and ordinance.