Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council approves first reading to extend TIRZ No. 1, phase down city contribution
Summary
At a public hearing on March 24, Mission staff and council discussed extending Mission Redevelopment Authority TIRZ No. 1 by 15 years and reducing the city's tax increment contribution in 5% steps until it reaches 50%; council approved the first reading unanimously and cited potential bond issuances for redevelopment.
City staff opened a public hearing March 24 on a proposal to extend the term of the Mission Redevelopment Authority Tax Increment Reinvestment Zone No. 1 by 15 years and to modify the City of Mission's tax increment contribution. The proposal would phase down the city's contribution by five‑percentage‑point…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
