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Members debate whether to disband CDA after TIF wind-down
Summary
Board members and staff discussed whether the CDA should disband once TIF activity and debt obligations end; staff noted the CDA is part of ordinance and closing would require board action, and members remembered past CDA advocacy and business tours.
Members discussed the longer-term role of the Community Development Authority once major TIF work concludes. Staff observed that with TIF 2 having no debt and TIF 1 being called, the CDA could disband if the board wished.
"The CDA likely could disband," a staff member said, noting the authority is established in ordinance and would be removed from ordinance if the board chooses. Members recalled that the CDA used to tour businesses and play an advocacy role and suggested the board consider whether those functions should continue under another committee or be retired.
The Chair asked that the item be added to the board agenda for the next month for formal discussion. No final decision to disband was made at this meeting.
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