Planning & Zoning committee approves redevelopment amendments and clarifies TIF use for Case Place and Jefferson Street

The Planning & Zoning Committee recommended approval of amendments to the Case Place and Jefferson Street redevelopment plans and approved resolutions that define activities eligible for tax increment financing, the committee chair said. The votes on the four related items were unanimous or recommended by voice vote: 10 in favor, 0 against, 0 not voting.

The amendments affect the Case Place and Jefferson Street redevelopment plans and the East Bank Redevelopment District. Council member Capp, the lead sponsor, told the committee that an earlier sequence of approvals related to tax-increment financing needed correction and that the council had previously approved the substantive redevelopment items. "In 2019, there was some amendments put in place as a result of tax increment financing," Joe Kane, director of urban development for MDHA, told the committee. "At that time, there was a timing issue on who should approve the amendments first, and that timing was out of sequence. This is going back to correct that sequence."

Why it matters: the resolutions establish what activities and…