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Leavenworth NRA renewal presentation tabled after board requests more data
Summary
City presenter described the Neighborhood Revitalization Area (NRA) tax-rebate program and asked for a 10-year renewal; after questions about program history, property counts, and financial impact, the board voted to table the renewal for one month pending more statistics.
Miss Holler presented the City of Leavenworth’s Neighborhood Revitalization Area (NRA) program and asked the school board to approve another 10-year renewal of the interlocal agreement that has been used on downtown and northeast Leavenworth redevelopment projects.
Holler described the NRA as a property tax-rebate tool that reimburses the increase in taxable value created by qualifying investment; she cited past projects that used the program (Broadway Lofts, Stove Lofts, Station…
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