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Council approves townhouse permit amendment and $250,000 TIF for Holly restoration; hears presentations on downtown redevelopment
Summary
Council approved a use‑permit amendment to reduce a proposed townhouse development from 25 to 21 units and authorized $250,000 in tax‑increment financing for the Holly Historic Restoration project; council also heard presentations on terminal building TIF amendments and the 18 N Building redevelopment (87 units, 20% affordable).
The City Council on Feb. 2 approved a land‑use amendment to reduce a proposed townhouse project to 21 units and authorized $250,000 in tax‑increment financing for a historic‑restoration program in the Holly neighborhood, while also hearing updates on several larger downtown redevelopment projects.
Noah Chestnut of Rig Engineering said the Real Estate LLC’s amendment reduces previously approved dwelling units from 25 to 21…
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