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Council asked to find RDA expenditure benefits and dissolve Cherry Street redevelopment area
Summary
Staff asked council to confirm that RDA funds may be used for a detention basin that benefits the Cherry Street RDA area, and proposed dissolving the Cherry Street RDA (tax‑increment collection ended in 2023). The RDA fund balance is about $50,000; basin construction estimated around $200,000 with city crews performing portions to reduce cost.
City staff briefed council on two related items affecting the Cherry Street redevelopment area: (1) a resolution finding that RDA funds may be used to construct a nearby storm‑water detention basin because the basin directly benefits the redevelopment area; and (2) an ordinance to dissolve the Cherry Street redevelopment area because tax‑increment collections ended in 2023 and the planned projects are complete.
Background: the Cherry Street RDA was created in 1991 to support infrastructure improvements along Cherry Street. Staff said the redevelopment area completed its primary projects and stopped collecting tax increment in 2023; the RDA retains a balance (roughly $50,000) that staff proposes to apply toward the detention basin project as part of a broader in‑house construction approach that will reduce total contractor costs. Staff estimated the total detention basin cost could approach $200,000, but in‑house work and reuse of city crews would reduce the city’s contracted expense.
Why it matters: dissolving an RDA that is no longer collecting increment simplifies tax accounting for the county and frees staff to pursue new reinvestment areas elsewhere. The detention basin addresses storm‑water conveyance and is part of the previously planned storm system improvements benefitting the redevelopment area.
Attribution: summary based on staff presentation and Q&A by Chad (city staff). Council will take formal action at upcoming RDA and council meetings as required by state law.
