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Council approves $600,000 transfer to RDA for downtown public‑market predevelopment
Summary
The council voted to transfer $600,000 in TID 11 funds to the Redevelopment Authority for urban‑renewal uses including predevelopment work on a proposed downtown public market; staff said funds would be transferred in 2027 and could be repurposed for other urban renewal needs if unused for the market.
Council approved a resolution to transfer $600,000 of TID 11 funds to the Redevelopment Authority (RDA) to support urban renewal activities and initial predevelopment work for a proposed downtown public market.
Director Train told the council the transfer would be made in 2027 and that the RDA had requested the funds to continue work on the public‑market study and site analysis. He explained that if the market project does not proceed, any remaining funds could be used for other downtown urban‑renewal projects, such as infrastructure repairs or removal of blight. The motion passed 11–2 after council discussion about downtown needs and the timing of contracts for downtown maintenance.
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