Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tax Increment Financing topic
No spam. Unsubscribe anytime.
Park City council adopts ordinance creating tax-increment financing district for 69th and Broadway
Summary
The Park City Council voted to create a tax-increment financing (TIF) redevelopment district covering 69th and Broadway, adopting Ordinance 1238-2026 after a public hearing with no speakers; the ordinance creates the district only and does not approve specific projects. County and school districts have 30 days to exercise veto rights as described in the hearing.
The Park City City Council voted to establish a tax-increment financing redevelopment district for the 69th and Broadway area, adopting Ordinance 1238-2026 after a public hearing that drew no public comment.
Dominic, identified in the meeting as “Dominic with Gilmore Bell,” told the council that approval of the ordinance would formally create the TIF district but would not approve any specific projects, uses of funds, or project plans. “Approval of the ordinance tonight would formally create the TIFF district by the city council,” he said, adding that the next step would be a separate project plan with detailed proposals.
Dominic also told the council that the county or affected school districts may veto the district within 30 days if they determine the creation would have an adverse impact on their taxing jurisdiction. The public hearing was opened and, with no speakers coming forward, the mayor closed the hearing before the council took a vote.
Councilmember Jim Shrader moved to adopt Ordinance 1238-2026; the motion was seconded and the ordinance passed as recorded. The ordinance and staff comments in the meeting made clear the council’s action at this stage creates the district only and does not approve any development, expenditures, or project-specific approvals.
What happens next: If the district is not vetoed by an affected taxing jurisdiction within the statutory notice period, staff would proceed with preparing project plans and any subsequent approvals or funding requests. Those project-level proposals will return to the council for public hearings and formal action.
Authorities referenced in the meeting included the Kansas statutory provision cited in the transcript regarding redevelopment districts (transcript citation: KSA 12-1770-style citation as read aloud).
