Commission moves taxpayer agreement and adopts 2026 spending plan required by state statute

An unidentified speaker explained an amendment to the Union Crossing project's previously approved amended and restated objects agreement: the amendment transfers a taxpayer agreement from Parcel 6 to Parcel 5 (the Chicken and Pickle parcel), combining obligations with another parcel. The speaker said the change does not increase the overall taxpayer obligation and will return to the redevelopment commission for any ultimate decision related to project specifics.

On the 2026 spending plan, an unidentified speaker (Speaker 2) noted that, under state statute, redevelopment authorities must submit and approve their annual spending plan before Dec. 1. Speaker 2 outlined the plan's main categories including debt service, professional services, rents and grants (such as the grant just approved). The commission moved and adopted the 2026 spending plan by voice vote.

The transcript records the adoption and the amendment but does not include detailed line‑item figures beyond general categories and references to the 'hard numbers' expected in the spending plan packet.