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Committee recommends reassigning a Union & Crossings lot among minimum taxpayer areas
Summary
Staff presented and the committee recommended to council a reallocation that moves one lot out of one minimum taxpayer area into another at the Union & Crossings development; the overall minimum taxpayer requirements remain unchanged.
City staff described a narrow change to the minimum taxpayer agreements tied to the Union & Crossings development. One lot will be reassigned from one minimum-tax area to another; staff said the action reallocates the lot association and the associated funds flow, but it does not remove the minimum taxpayer requirement from other lots.
Megan (staff) is expected to provide additional details at the council meeting. The committee voted to recommend approval to the council.
