Council approves townhouse permit amendment and $250,000 TIF for Holly restoration; hears presentations on downtown redevelopment

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 and described site access, stormwater controls and planning commission support. Council discussion emphasized the need for housing; the use‑permit amendment (Use Permit 22004A) was approved by roll call vote (motion carried 7‑0).

Dan Marvin, director of Urban Development, presented a CIP adjustment to authorize $250,000 in tax‑increment financing to begin the Holly Historic Restoration and Redevelopment program, noting the 2024 adoption of the Holly redevelopment area and describing eligible work such as replacing vinyl windows with wood and repairing porches. Council voted to approve the CIP amendment by roll call (motion carried 7‑0).

Marvin also briefed the council on downtown items: a second amendment to the terminal building redevelopment agreement with 947 Terminal LLC (including an ordinance to extend certain bond terms to 20 years to resolve a historic‑facade impediment) and the 18 N Building redevelopment proposal. Developers said the 18 N project is expected to include 87 units with 20% set aside as affordable housing (roughly 17 units); the transcript records presentation and discussion but does not show a roll‑call vote on those downtown items during this meeting.

The council completed these routine and redevelopment items and moved on to other agenda business.