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Commission approves two urban‑renewal/TIF amendments for Southeast Longmont and Twin Peaks Mall
Summary
The commission unanimously found two urban‑renewal amendments in conformance with Envision Longmont and supported creating Tax Increment Financing districts to help fund redevelopment: a 200‑unit project in Southeast Longmont (TIF No.1) and a 265‑unit proposal at the Twin Peaks Mall (TIF No.2). Commissioners required corrected exhibits for the Twin Peaks amendment before council review.
The Longmont Planning & Zoning Commission unanimously (7‑0) voted Aug. 27 to find two proposed urban‑renewal plan amendments in conformance with the city’s comprehensive plan and to create tax‑increment finance (TIF) districts to support redevelopment projects.
Laura Moody, executive director of the Longmont Urban Renewal Authority, presented the first amendment to create Tax Increment District No.1 in Southeast Longmont, covering property near Second and Martin streets. She said the site under construction includes a 200‑unit multifamily project…
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