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Springfield agency signals support to shift Glenwood master plan toward infrastructure and land swaps

Springfield Economic Development Agency · November 25, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At its Nov. 24 meeting the Springfield Economic Development Agency heard a Glenwood master plan update and directed staff to advance infrastructure planning and consider land swaps to compensate partners; staff detailed financing via tax‑increment funds and estimated borrowing capacity.

The Springfield Economic Development Agency on Nov. 24 approved its consent calendar and received a detailed update on the Glenwood master plan, with staff asking for direction to move from land‑use approvals to infrastructure delivery.

“All of this is captured in the refinement plan,” said Allie Camp, economic development manager, introducing the presentation and asking the board for guidance on next steps. Camp reviewed the project principles — connecting the community to the river, meeting the Glenwood Refinement Plan vision, and producing property‑tax growth — and described the role of a preliminary master plan in entitling phasing and infrastructure.

Camp told the board the Glenwood Urban Renewal Area has a maximum indebtedness of $32,860,000 and that the agency has used roughly half of that capacity to date. She said staff estimated borrowing capacity at about $7,500,000 based on FY25 numbers and that the agency has identified an additional $3,000,000 from funds associated with Representative Lively that can be redirected to…

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