Council schedules public hearing for 6.66‑acre annexation; TIF report and developer compliance accepted

The council accepted an introduction of a voluntary annexation petition for roughly 6.66 acres in the I‑65 / 37th Avenue corridor and authorized staff to set a public hearing. Richard Anderson, representing the applicant, described the parcel and said CATCO wants an addition that would come in as M‑1 zoning; staff noted a minor acreage correction in the fiscal analysis (Baker Tilly) and recommended proceeding to a hearing.

Council then accepted the 2025 TIF annual redevelopment report, which staff said must be filed with the Department of Local Government Services (DLGS) in April; a motion to approve the report carried on voice vote. The council also reviewed compliance filings for existing projects: the Grand Trump Storage compliance item showed assessed values and employment roughly matching earlier projections and was accepted; the Place Street (CF1B) item reflected an amended development agreement for PlayStreetDefco LLC after construction delays, and the council approved the compliance documentation.

A council member moved to set the annexation petition for public hearings in April; the motion passed. Staff said the fiscal plan and developer filings will be updated based on a corrected acreage estimate and that the clerk‑treasurer’s office will upload the TIF materials when accepted.

No final annexation ordinance was adopted that night; the item was introduced and will return for public hearing and formal action.