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Council staff seeks public hearing Jan. 28 on updates to incentive policy, including reintroduced nonconforming project provision
Summary
City staff asked the committee to authorize a Jan. 28 public hearing on proposed updates to the economic incentive policy: technical edits to align with the new DRIVE program, a reintroduced nonconforming negotiated-incentives provision requiring a three‑quarter council vote, and clarifications of administrative responsibility for certain housing funds.
City staff told the committee the 2023 economic development incentive policy needs several edits to align with federal directives and the city’s new supplier program (DRIVE). The redline in the packet updates references previously tied to the Business Inclusion and Development program to the new Developing Regional and Inclusive Vendor Enterprises (DRIVE) program and includes technical corrections.
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