Lisbon council approves TIF certifications, urban-renewal appropriation and rebate transfer

The Lisbon City Council approved a package of tax-increment financing and urban renewal actions at its Oct. 13, 2025 meeting, voting 4-0 on three resolutions that the city said will move required certifications and appropriations forward.

Maggie Burger of Speer Financial, Inc. reviewed Lisbon’s TIF obligations for the council and staff before formal action. Council member Rick Scott moved to approve Resolution 32-2025, approving TIF certification to the county; Nathan Smith seconded the motion. A roll call vote recorded ayes from John Bardsley, Kevin Steele (via Zoom), Nathan Smith and Rick Scott, and the motion carried 4-0.

The council next approved Resolution 33-2025, which the minutes describe as the annual appropriation for urban renewal, on a motion by Nathan Smith seconded by Rick Scott. That resolution also passed by a 4-0 roll call (Bardsley, Steele, Smith, Scott).

Finally, on a motion by Smith seconded by Bardsley, the council approved Resolution 34-2025 authorizing a TIF rebate transfer; the roll call was recorded as unanimous among the four council members. The meeting minutes state that Burger reviewed TIF obligations but do not list specific dollar amounts or the precise fiscal effects of the approvals; those amounts were not specified in the minutes.

Why it matters: the resolutions formalize the city’s TIF certifications and appropriation decisions tied to Lisbon’s urban renewal area, administrative steps that typically precede tax certification at the county level and implementation of rebate or project financing. The minutes do not record additional debate or amendments to the resolutions.

What’s next: the resolutions, as titled in the minutes, indicate certification to the county and appropriation for urban renewal; the minutes do not record subsequent procedural dates. The meeting adjourned at 7:25 p.m.