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Council approves Morgan Farms Public Improvement District; developer attorney says agreement carries no TIF

City of Josephine City Council · November 12, 2024
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

The council voted to create the Morgan Farms Public Improvement District; developer counsel said the development agreement contains no tax-increment financing (TIF) commitment and that P3 Works will administer PID functions.

The City of Josephine on Nov. 12 approved a resolution creating the Morgan Farms Public Improvement District (PID) to enable assessments that will help fund on-site infrastructure for the new Morgan Farms development.

Robert Miklos, attorney for the developer, told council a petition and required public notices had been submitted and said the PID will allow assessments on homes to…

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