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Jerome trustees table three TIF ordinances for further review

Village of Jerome Board of Trustees · March 5, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board postponed action on three proposed TIF ordinances (26-08, 26-09, 26-10), saying more time was needed; President Lopez said a date to continue consideration would be set next week.

President Mike Lopez moved to table three related Tax Increment Financing (TIF) ordinances—26-08 (Redevelopment Plan), 26-09 (TIF designation), and 26-10 (adoption of TIF financing)—after trustees discussed outstanding questions.

Lopez told the board they would set a date next week to continue work on the TIF ordinances. No formal votes were taken to adopt any TIF measures at the March 5 meeting; the board recorded that additional review and action are anticipated in March.

Tabling preserves the village's ability to refine the redevelopment plan and financial assumptions before any formal TIF designation and avoids immediate commitments while staff and the board gather more information.

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