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Pottawattamie supervisors approve 15-year TIF extension for Legacy Ridge to add curbs and gutters
Summary
The board approved directing staff to amend the Legacy Ridge developer agreement and urban-renewal plan to extend TIF payback from 10 to 15 years and increase the reimbursable cap from about $4.5 million to roughly $5.0 million to fund curb-and-gutter and storm-sewer work.
Pottawattamie County supervisors voted to direct staff to amend the urban-renewal plan and developer agreement for the Legacy Ridge subdivision, extending the tax-increment financing (TIF) payback period from 10 years to 15 years and increasing the developer reimbursement cap from about $4.5 million to roughly $5.0 million to accommodate curb-and-gutter and associated storm-sewer work.
The change was presented by county planning staff, who said the developer submitted preliminary road designs and…
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