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Public hearing set for Sheridan Drive TIF for proposed multi‑family project
Summary
The Economic Development Committee introduced a TIF ordinance for a Sheridan Drive multi‑family development; Mrs. Hoop explained the proposal and Mrs. Bosco said a public hearing will be held in November to take public comment.
The Finance Committee reviewed a proposed Tax Increment Financing (TIF) ordinance for a Sheridan Drive multi‑family development. Mrs. Hoop, representing the Economic Development Committee, introduced the ordinance and described it as a TIF intended to support the Sheridan Drive project. Mrs. Bosco added that a public hearing on the ordinance will be held in November.
The minutes do not include project cost, number of units, developer name, or the detailed TIF district boundaries; those items will need to be provided in the ordinance text or staff reports ahead of the public hearing.
