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Legal committee urges extra review for PILOT/TIF agreements, recommends nuisance property remediation estimates
Summary
The Legal & Legislative Committee voted unanimously to recommend that PILOT and TIF agreements go through two work sessions before a commission vote, placed that recommendation on the Dec. 15 agenda, and recommended obtaining estimates to remediate a nuisance property at 1770 Spring Place Terrace Road and refer the matter to the finance committee.
Commissioner Collins summarized actions from the Legal & Legislative Committee and told the commission the committee voted unanimously to recommend that payment-in-lieu-of-taxes (PILOT) agreements and tax-increment-financing (TIF) agreements be required to go through two work sessions…
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