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RDC accepts annual TIF report; special meeting set April 7 to approve roundabout claims
Summary
The Maryville Redevelopment Commission accepted its annual TIF activity report for 2025 after a presentation from financial advisor Robert Wolcott and scheduled a special RDC meeting April 7 to approve claims tied to the Mississippi roundabout and a property acquisition; officials said federal aid will reimburse about 80% of the roundabout costs.
The Maryville Redevelopment Commission on March 24 accepted its annual redevelopment (TIF) activity report and heard staff outline filing requirements with the Department of Local Government Finance (DLGF). Robert Wolcott presented the report and explained it must be transmitted to the town council and uploaded to the DLGF gateway ahead of the statutory filing window.
Wolcott told commissioners the report includes an Exhibit A listing debt associated with TIF funds, Exhibit B listing receipts, and a vendor-payment page required for gateway entry. He said the transmission requirement is statutory: "it does require that it get transmitted to the town council, which does have to in its meeting show it received it somehow." Commissioners discussed scheduling for council presentation and the gateway upload deadline referenced as April 15; staff noted the council meeting likely would be the week before the filing window.
After the presentation, Commissioner Margaret Uzelac moved and Commissioner Leona Chandler-Felton seconded a motion to approve (acknowledge) the annual report for transmittal to the council; the motion carried by voice vote.
During other business the Chair announced a special RDC meeting for April 7 at 6:00 p.m. to approve two claims related to the 69th and Mississippi roundabout and a property acquisition. The Chair said the two roundabout projects are federal-aid and the RDC will be reimbursed about 80% after the RDC pays the claims; staff were asked to prepare the public notice and related paperwork.
Votes at a glance: consent agenda (accounts payable register/voucher approval and Feb. 24 minutes) approved by voice; engagement letter with Sander Dalton approved by roll call 4-0; annual Redevelopment Commission report approved by voice vote.
