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Yukon council approves TIF review, financing for fire engine and several contracts; consulting contract draws two no votes
Summary
At its Feb. 17 meeting Yukon’s council approved a tax increment district review and counsel agreement, authorized a lease-purchase for a fire engine not to exceed $998,842, approved various procurement steps and annexation paperwork; a proposed legislative consulting contract passed 4–2.
The Yukon City Council on Feb. 17 approved multiple administrative and financial measures, including action to pursue a tax increment district review, a lease-purchase financing plan for a fire engine and several procurement items.
Resolution 2026-04: The council approved Resolution 2026-04 declaring the city’s intent to consider a tax increment district under the Local Development Act, directing staff to prepare a project plan and appoint a review committee to evaluate eligibility and fiscal impact on taxing jurisdictions. The council also approved a contract for tax increment finance counsel services with Public Finance Law Group PLLC to advise the city on TIF matters.
Fire engine financing: Council approved Resolution 2026-05 authorizing a lease-purchase agreement with PNC Bank National Association in an amount not to exceed $998,842 for acquisition of a fire engine and related documents. Council members noted the purchase is…
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