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Mitchell planning commission approves TIF Districts 38 and 39 to support two redevelopment projects

Mitchell Planning Commission (name as used in transcript) · October 28, 2024
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Summary

The Mitchell Planning Commission voted to set boundaries and recommend project plans for TIF Districts 38 (about $500,000 requested) and 39 (about $330,000 requested), advancing both projects to the next approval step and clearing related plat and access questions.

The Mitchell Planning Commission voted to set boundaries and recommend approval of project plans for Tax Increment Financing Districts No. 38 and No. 39, advancing two redevelopment proposals that staff said would use developer-financed incremental tax revenue rather than the city’s constitutional debt.

A staff member said, “The applicant is requesting around $500,000,” for TIF District 38 and described a roughly $2.9 million renovation project with about $1.9 million in developer costs. The staff member added that “this is a developer finance TIF, which makes us a grant pass through and it does not go against the city's constitutional debt.”

For TIF District 39, staff described a 5,900-square-foot commercial building at the corner of the bypass and Highway 37 and said the applicant is requesting around $330,000 in eligible TIF expenses to help fund construction; staff noted easements would provide access because state DOT would not permit direct access from the bypass. An applicant representative introduced Spencer Mason, identified in the meeting as the project’s developer, as the local business that would expand into the new building.

The commission first moved and seconded to set the published boundary descriptions for each district and then moved to approve and recommend the respective project plans. The clerk conducted roll calls on the motions; several members were recorded as voting in favor and each motion was carried. Where recorded in the transcript, individual affirmative votes included Ablick, Osterlick, Scherz, Sunny and Genslinger (boundary for TIF 38) and later other members in favor on the project-plan roll call. One member announced an abstention on an unrelated vote earlier in the meeting.

Staff said the TIF plans rely on developer certification of eligible costs and that some plats and railroad boundary negotiations remain outstanding for the first district; the recommended actions will move the proposals to the next formal review step.

The commission then proceeded to consider multiple plats and site plans. The next scheduled meeting date was set for November 12.