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Developers present Newberry Village plan; council tables TIF resolution after wide public comment
Summary
Developers outlined a proposed 247-unit manufactured-home neighborhood and asked for TIF support; speakers and council members debated taxation, school impacts, covenants and roadway needs. The council agreed to table the resolution and ask the redevelopment authority and counsel to tighten enforceable contract language.
A proposed redevelopment project called Newberry Village, presented by developer representatives and counsel, drew a packed public hearing and lengthy council debate Tuesday night before the North Platte City Council tabled action on the city’s proposed TIF (tax-increment financing) resolution.
Roger Bullington, developer representative, described a multi-phase plan for about 247 manufactured homes with associated infrastructure and community amenities and said the private investment could total tens of millions of dollars if fully built out. Mike Bacon, counsel for the redevelopment authority, told the council the redevelopment contract would include restrictive covenants and other enforceable obligations intended to protect city interests…
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