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University Park trustees table TIF 7 ordinance after trustees demand eligibility study and public notices
Summary
Trustees voted to table an ordinance that would trigger the expansion process for TIF 7 after questions about missing exhibits and whether an eligibility study and statutory notices had been provided; a Ryan LLC consultant said the area qualifies but agreed the process should be reset so materials can be posted and distributed.
Trustees in University Park voted on March 24 to table an ordinance intended to start the process for expanding Tax Increment Financing (TIF) district 7, after several trustees said the packet lacked required exhibits, public notices and an eligibility study.
The final motion to table followed an initial failed attempt and a successful motion to reconsider. The clerk’s roll call after reconsideration recorded trustees voting to table the ordinance; the vote record in the meeting transcript shows trustees who voted aye included Trustee Lewis, Trustee Williams, Trustee Jenkins Bell, Trustee Folger, Trustee Thompson and Trustee Brooks, and the mayor voted aye on the motion that…
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