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Council awaiting annexations as Community Reinvestment Area aims for August adoption
Summary
Council is awaiting final annexation paperwork for two properties and hopes to enact a Community Reinvestment Area by August; houses started before enactment could still qualify if completed after enactment, while commercial and industrial properties would be ineligible.
Administration told council it is "still waiting on Cory Gerlock and Troy Grieshop annexations to finalize the CRA" and that officials hope to enact the Community Reinvestment Area by August. Aaron Rengers said any houses started now but not finished before the CRA is enacted would still be eligible for the program, but that commercial and industrial properties would not be eligible.
Council discussed the timing and expressed a desire to submit the CRA this year; the item was presented as a status update with no formal action taken at the July 20 meeting.
