Economic Development Commission approves Resolution 1-2026 to enable developer-purchased bonds for Rebar/TRG project in Fort Harrison area
The commission approved Resolution No. 1-2026 authorizing documents for up to $4.5 million in taxable economic development revenue bonds, intended to be repaid from tax increment generated by a proposed $26.4 million Rebar/TRG mixed-use development; a resident raised fiscal exposure concerns during public comment and was told counsel and staff expect no city liability.
The full story
The Lawrence Economic Development Commission on Monday approved Resolution No. 1-2026, a measure authorizing documents and proceedings necessary for issuance of taxable economic development revenue bonds to support a Rebar/TRG mixed-use project in the Fort Harrison reuse area.
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