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EDA and planning staff report TIF extension request and Bartles project progress

Green Isle City Council · November 12, 2024
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Summary

Planning and EDA staff told the council a developer requested a 30-day extension on a TIF hearing and that the Bartles project submitted TIF paperwork and a building valuation over $9 million; the applicant must acquire two lots and meet job and investment commitments before a TIF can be granted.

Economic Development Authority and Planning staff updated the council on several development items, including a requested extension to a TIF public hearing and the status of the Bartles project.

Staff said CL requested a 30-day extension on its TIF public hearing, moving the hearing date from Nov. 26 to Dec. 26. Planning staff said Enclave's attorney asked for additional review time and staff will coordinate with City Attorney Ken Jansen to respond.

On the Bartles property, staff reported the project team has submitted TIF documentation and a building valuation exceeding $9 million. Staff told the council the applicant must purchase two lots before the city can grant TIF status; the project also includes a jobs commitment (staff referenced 20 jobs) and other obligations tied to the TIF. Staff said they had exchanged questions with Attorney Jansen and expect further negotiation on development agreements.

Planning and Zoning also reported on a recent workshop about whether to allow the land use described in the record as "shes"; planners and the commission decided not to change the code to permit those uses citywide and would consider grandfathering existing instances. Staff said more items will return to Planning & Zoning and EDA as the Bartles and housing projects advance.

Next steps: staff will continue conversations with applicants and legal counsel, assemble draft development agreements as needed, and return items to the council or Planning & Zoning for public hearing and action.