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Committee endorses referral of downtown Keystone TIF restructure to budget
Summary
Developers told the committee they had restructured the previously approved Keystone downtown TIF into three separate pots to improve financeability. The committee voted to forward the revised TIF arrangement to the budget committee after hearing schedule and clawback protections.
The Property Management Committee voted to forward a revised structure for the Keystone downtown TIF to the county budget committee after developer Bart Klein outlined changes intended to make financing viable.
Klein said the $26 million 20‑year TIF cap remains unchanged but has been split into three sections tied to specific components of the…
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