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Council orders sidewalks on both sides for Mossman subdivision; discusses TIF rebate and timing
Summary
Decorah council directed that sidewalks be installed on both sides of streets in the proposed Mossman Second subdivision and debated timing, financial assurances and a possible TIF-backed development agreement to cover infrastructure costs.
The Decorah City Council on March 16 ordered sidewalks on both sides of streets in the proposed Mossman Second subdivision and began framing a development agreement that could use tax-increment financing to reimburse the developer for public infrastructure.
Council debated whether sidewalks should be installed before final plat approval, be built block by block as homes are constructed, or be guaranteed by a financial assurance. City staff explained that council has authority to order sidewalk construction as part of preliminary-plat infrastructure or to accept a final-plat with a performance bond or an irrevocable letter of credit naming the city as beneficiary. That…
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