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Council approves multiple urban renewal amendments and reassigns 17 parcels between TIF districts
Summary
City Council adopted a slate of amendments to several urban renewal (TIF) plans — updating project budgets, removing expired parcels from one district and adding them to another — and approved related ordinances to enable tax-increment financing for planned infrastructure.
The Cedar Falls City Council on Monday approved amendments to multiple urban renewal plans that update budgets and reconfigure district parcels to better align with current infrastructure and development work.
City economic-development staff and planning director Shane Graham told the council the actions are largely technical updates tied to the city's five-year capital-improvement planning process. "Staff was looking at the five-year CIP, looking and seeing what TIF-related funding for any projects were out there, which led to looking at all of our urban renewal plans," Graham said.
Major actions approved included…
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