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Council approves TIF review for downtown Bell Building despite questions on parking and payoff
Summary
Cheyenne’s City Council voted Oct. 27 to adopt a resolution approving the Bell Building urban renewal plan and to pursue third‑party review for potential tax‑increment financing.
Cheyenne’s City Council voted Oct. 27 to adopt a resolution approving the Bell Building urban renewal project and to move the plan forward for third‑party review under the city’s tax‑increment financing (TIF) process.
Amy Surdam, co‑owner of the Bell Building, told the council the 1913 structure has been vacant since the 1980s and that she and partners have invested roughly $400,000 of private funds plus $50,000 from the Downtown Development Authority (DDA) and $50,000 from the Joint Powers Board to stabilize…
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