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Cascade council certifies TIF obligations after debate over stormwater mitigation
Summary
The Cascade City Council on Nov. 10 approved a resolution certifying urban-renewal (TIF) obligations due in fiscal 2027 after members raised concerns that stormwater retention required under the development agreement has not been installed. Council voted with one dissent; funds were certified but held in the city's TIF fund to cover fees.
Cascade’s City Council voted Nov. 10 to certify urban-renewal tax-increment financing obligations for fiscal year 2027 while reserving those funds to cover legal and TIF-related fees, after several members questioned whether required stormwater mitigation had been implemented on the affected lots.
The resolution (identified in the meeting as Resolution No. 100-3-25) obligates and appropriates TIF revenue to reimburse incremental property taxes and business incentives that will come due in 2027 and directs submission of the related indebtedness forms. The measure…
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