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Council approves public‑project predevelopment agreement and sales‑tax exemption (Ordinance 11528‑2026)
Summary
On third reading council approved Ordinance 11528‑2026 authorizing city participation in a public project, execution of a predevelopment agreement, and limited sales‑and‑use tax exemptions on construction materials; councilmembers called the project 'generational' and urged community engagement.
Council approved Ordinance 11528‑2026 on third reading, a measure that authorizes Brook Park to participate in a public project, accept ownership of public improvements upon completion, execute a predevelopment agreement and provide an exemption from sales and use taxes on specified construction purchases, and declares an emergency.
During third‑reading discussion several councilmembers described the project as a major, generational undertaking and expressed support for moving it forward. One councilmember said the project represents ‘‘a big giant step towards completion’’ and encouraged continued resident engagement and questions; others noted the many remaining steps before project completion but voiced general approval. The ordinance passed on third reading following a roll‑call vote.
The ordinance authorizes the mayor to execute the predevelopment agreement and to accept project terms consistent with the city’s participation; any tax‑exemption or ownership transfer will be carried out under the ordinance’s terms and applicable law. Council members encouraged residents to raise concerns with staff as the project proceeds and emphasized oversight to protect Brook Park interests.
Because the project is large and involves multiple stages, the council did not adopt additional budget details in this ordinance; staff and council will continue review and oversight as subsequent steps are taken.
