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Commissioners approve TIF for 69th Street North/Broadway redevelopment to remove land from floodplain and spur housing
Summary
The board adopted a resolution authorizing tax-increment financing for a Park City‑area redevelopment district at 69th Street North and Broadway, enabling a $4.2 million detention basin and up to $70 million in private residential and small industrial investment; the motion passed 5–0.
The Sedgwick County Commission voted unanimously on April 22 to authorize tax-increment financing (TIF) for a redevelopment district southwest of 69th Street North and Broadway, a 145-acre site Park City has identified as largely in the 100‑year floodplain.
Deputy CFO Brent Shelton told commissioners about the developer’s plan to invest about $70 million in primarily residential construction (an estimated 400 units across single-family, duplex,…
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