The Greene County Redevelopment Commission voted to adopt Resolution 2025-TAX-05, a confirmatory resolution expanding Allocation Area No. 5 and naming Prometheus Energetics as the designated taxpayer for the allocation area, after a public hearing and staff presentation.

The commission opened a public hearing to hear local taxing-unit officials and residents weigh in on how a proposed tax-increment finance (TIF) arrangement would affect schools, libraries and other taxing units. Scott Vabrea, superintendent of Bloomfield School District, urged the commission to consider “scenario 3” from the tax-impact statement so that new assessed value would flow to all taxing units rather than being fully captured by the TIF. “A project like Prometheus could, under the right circumstances, really help offset those losses,” Vabrea said, while warning the district’s current infrastructure limits residential growth and therefore the district may not see new students or residential tax revenue from the project.

Jessica McKinney, director of the Bloomfield Eastern Greene County Public Library, said the library has also taken hits under changes to the state property-tax system and expressed support for scenario 3 to protect library revenue.

Marvin, a staff presenter, reviewed the history and legal effect of the confirmatory resolution: it follows a prior declaratory resolution and planning commission and county-commission actions and, if adopted, would identify the properties in Allocation Area No. 5 and designate Prometheus Energetics as the sole named taxpayer for the purpose of recovering business personal property taxation and capturing incremental revenue for redevelopment over a 25-year allocation period. Marvin explained that real-property improvements generally may be captured by an allocation area but that business personal property requires the designation of a specific taxpayer.

Commission consultant Jim Higgins outlined the tax-impact estimates for Prometheus, saying the company is looking at roughly $80 million in first-year investment (about $50 million in real property improvements and $30 million in business personal property) and that assessed-value entries on tax rolls would be lower than construction costs because of assessment practices and depreciation. Higgins also detailed how recent state changes to assessed-value calculations and the circuit breaker could reduce levy revenue for schools and libraries over the coming years, making the distribution of any new incremental value a matter of local concern.

Commissioners questioned whether other future developers could be captured under the same resolution; staff clarified that the present resolution names Prometheus only and that adding additional designated taxpayers or a residential TIF would require repeating the formal sequence of steps (declaratory resolution, planning commission action, county commission and local public hearing). Several commissioners said they expected some of the retained TIF proceeds (the commission would retain approximately 20% after incentives) to be directed toward infrastructure and housing promotion to help convert jobs into local residents and students.

After public comment and discussion, Commissioner Karen moved to approve Resolution 2025-TAX-05; a second was provided by Shane Smith. The commission recorded a voice vote; members responded “aye” and the motion passed.

Votes at a glance: Resolution 2025-TAX-05 — motion by Karen (said aloud at the meeting), second by Shane Smith; outcome: approved by voice vote. The meeting record does not contain a roll-call tally by name.

Next steps: With the confirmatory resolution adopted, the commission’s documentation identifies the allocation-area properties and Prometheus as the designated taxpayer; staff and the county will proceed with implementing the redevelopment and incentive measures described in the TIF package. The commission noted that Prometheus-related revenue is not expected to appear in the commission’s accounts until 2027–28, and commissioners discussed using retained increment to support housing and infrastructure that would broaden the local tax base.

Correction/clarification: The commission’s staff repeatedly referred to the recent state property-tax changes as “Senate Bill 1” or “senate rollback 1” during explanation of circuit-breaker effects; the article uses those transcript terms and does not attribute additional legislative detail beyond the meeting record.

The commission adjourned later in the meeting after approving administrative items and the 2026 spending plan.