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Committee approves amendment to East Anamosa TID to cover additional grading costs
Summary
The committee approved Resolution No. 2024-061, adding grading costs outside an originally allowed 300-foot centerline on North Valley Drive to the East Anamosa (TID 84) certification; staff said the added work keeps totals below the project-plan cap and the TID is estimated to pay off in 2035.
The Legal Finance Committee approved a resolution to amend the East Anamosa tax increment district project plan to include additional grading costs on North Valley Drive that were completed outside a 300-foot centerline allowance.
Mike Dugan, a finance department TIF planner, said certification of the project found grading beyond the 300-foot…
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