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Lake City planning board recommends update to CRA plan, citing TIF financing
Summary
The Planning and Zoning Board voted unanimously April 14 to recommend changes to Lake City’s Community Redevelopment Area plan, which outlines ~655 acres around Lake DeSoto and uses tax‑increment financing to fund prioritized projects tied to housing, corridors, and public spaces.
The Planning and Zoning Board of the City of Lake City voted unanimously April 14 to recommend a revised Community Redevelopment Area (CRA) plan that updates goals for downtown revitalization, housing, commercial corridors and public‑space connectivity.
Eric Bredfeldt, a consultant with Inspire, told the board the CRA footprint is about 655 acres surrounding Lake DeSoto and that the update was driven by community engagement and recent data. He said the plan lays out short‑, medium‑ and long‑term implementation schedules and…
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