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City manager proposes switching pre-1994 CRA to post-1994 model; only distillery retains pre-1994 CRA
Milford City Council · November 7, 2025
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Summary
Staff presented a proposal to transition the city's pre-1994 Community Reinvestment Area (CRA) policy to a post-1994 framework to increase local discretion and raise the revenue-sharing threshold; staff noted only one business (a distillery) currently holds a pre-1994 CRA.
City Manager Gunderson raised a proposal to convert the city's pre-1994 Community Reinvestment Area (CRA) structure to a post-1994 CRA. He said the pre-1994 CRA automatically grants a 15-year, 100% abatement and leaves the city with limited discretion, while a post-1994…
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