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TIRZ No. 1 board approves Dec. 11, 2024 minutes and financial reports
Summary
At its June 25, 2025 meeting the Tax Reinvestment Zone No. 1 board approved minutes from Dec. 11, 2024 and accepted financial reports and expenditures by voice vote; motions were moved and seconded and both carried by the board.
The Tax Reinvestment Zone No. 1 board voted to approve two routine items during its June 25, 2025 meeting: the minutes from the Dec. 11, 2024 meeting and the financial reports and expenditures. Both measures passed by voice vote; the board recorded no opposing votes.
The minutes approval was moved and seconded on the record and carried after a voice vote. The financial report and approval of expenditures were similarly moved and seconded; staff noted that 2025 figures should be considered preliminary because debt-service obligations that will be paid later in the year (including an August debt-service payment) were not fully reflected in projections.
No substantive policy changes or additional actions were taken on either item. The board adjourned at the close of the agenda.
