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Council approves TIF timing change and multiple zoning text amendments
Summary
The council approved a TIF-period extension for a redevelopment project and adopted a package of zoning and text amendments — including small-lot standards downtown and relaxed rules for early childhood facility reuse — intended to advance redevelopment and expand housing and childcare options.
The Lincoln City Council on Jan. 12 approved several planning and development items, including a request to amend a redevelopment project's tax-increment finance (TIF) period and multiple zoning and text amendments.
Urban Development staff said the TIF change is primarily a timing adjustment. Dan Marvin explained that extending the TIF period from 15 to 20 years "actually, we're just capturing about 15 years…
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