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Billings council sets process to expand South Billings TIF district amid requests for financial projections
Summary
The Billings City Council voted to proceed with a resolution of intent and to set a public hearing to expand the South Billings Urban Renewal (TIF) District, after planners said an amended urban renewal plan and project list will be prepared; two council members voted no, citing lack of detailed financial projections for big-ticket items like a pool and rec center.
Billings — The City Council voted to proceed with a resolution of intent to expand the South Billings Urban Renewal (TIF) District and set a public hearing as part of a multistep urban renewal process.
Council member Tom Ripsis said he would vote against expansion unless staff provides a financial projection showing how existing district commitments (including a recreation center and a proposed pool) affect available capacity in the expansion area. “Without that, I don't think we can give the people in the expansion…
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