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Post Falls Urban Renewal Agency approves reimbursements, Nona Building agreement, accepts audit and annual report
Summary
On Feb. 19, 2026 the Post Falls Urban Renewal Agency approved semiannual tax-increment reimbursements totaling $591,851.37, approved a owner participation agreement for the Nona Building, accepted a clean audit for fiscal 2025 and approved its 2025 annual report for submission to the city and state.
The Post Falls Urban Renewal Agency on Feb. 19, 2026 approved a set of financial and project actions, including semiannual reimbursements totaling $591,851.37, an owner participation agreement for the Nona Building, acceptance of the agency's fiscal year 2025 audit and approval of the 2025 annual report for submission to the City Council and state.
The commission voted to reimburse ANA Construction and Development $507,208.29 for approved downtown district costs from 2024 and to reimburse Post Falls Area No. 3682 (Fraternal Order of Eagles) $84,643.08 under the downtown minor projects program, for a combined February distribution…
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