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Council approves North Tiers incentives, including $1M flood recovery set‑aside for affected commercial properties
Summary
Council approved a $75,000 private Tiers incentive for a gym at 216 W. 5th and a separate $1,000,000 North Tiers set‑aside to assist RM‑1/RM‑2 commercial properties damaged in the July 4 flood; the special program allows up to $55,000 per property with no required match and a 90‑day application window starting at adoption.
The City Council approved two North Tiers actions intended to support redevelopment and flood recovery in the North Tier zone.
Aaron Vannoy, director of planning and development services, presented a private incentive request for a gymnasium at 216 West 5th: staff recommended a $75,000 award for paving and site safety improvements, with a $13,009.25 applicant match (about 18.5%). The Tiers Board had recommended the award 5–0; council approved…
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