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Council adopts commercial infill policy to incentivize redevelopment
Summary
Council approved a commercial infill development policy that sets eligibility, requires a minimum private investment of $100,000 (excluding land), and authorizes, subject to budget availability, reimbursements up to 50% of permit/inspection fees and impact fees, forgiveness of certain city liens, and regulatory flexibility.
Development services staff (Wayne) presented a commercial infill development policy and procedure intended to encourage revitalization of underutilized, vacant, or deteriorated commercial properties inside city limits. The policy sets eligibility criteria (projects must be within corporate limits, result in permitted uses, and represent private investment of at least $100,000 excluding land acquisition) and offers incentives subject to budgetary availability.
Staff said potential incentives include reimbursement of up to 50% of permit and inspection fees, reimbursement of up to 50% of applicable impact fees, forgiveness of city liens related to demolition or maintenance, and regulatory flexibility through the board of adjustment and building standards processes. Oversight includes quarterly reports to council documenting approved projects and total incentives issued. Council moved to adopt the policy and approved it by voice vote.
