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Council introduces TIF ordinance for North Waukee Residential additions
Summary
Staff presented a 2026 tax‑increment financing ordinance to add parcels to the North Waukee Residential urban‑renewal area; the council introduced the ordinance and approved the first reading in title only.
The council introduced a 2026 tax‑increment financing ordinance to add parcels to the North Waukee Residential urban‑renewal area. Jennifer, a city staff member, explained the additions reflect new and anticipated development activity and that the ordinance would authorize the city to capture increment to support projects listed in the urban‑renewal plan.
A council member moved to introduce the ordinance and approve the first reading in title only; the motion carried with the members present voting yes. Staff recommended proceeding with the first reading so the city can formally establish its ability to capture tax increment for the identified projects.
