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City authorizes TIF agreements with Greater Huron Development and adjusts lots after gas-line discovery
Summary
Commissioners authorized two TIF development agreements with Greater Huron Development covering hotel parcel Lot 2D and Lot 2C maintenance/repair terms, and approved a land reconfiguration after locators found a gas line that made a lot unbuildable; Northwestern Energy will move the line to an easement so the lot can be sold.
The commission authorized two tax-increment financing (TIF) agreements with Greater Huron Development Corporation and approved a related land reconfiguration after staff discovered a gas line that rendered a previously planned lot unbuildable.
Staff said the first agreement (TIF #8) covers Lot 2D — the parcel containing a planned hotel — and sets out…
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