Get email alerts on the Land Use topic
No spam. Unsubscribe anytime.
Commissioners review OPRA as redevelopment tool for 111 Elm Street
Summary
Staff briefed the commission on the Obsolete Property Rehabilitation Act (OPRA) as a tool for a potential 111 Elm Street redevelopment, explaining that the city must form a district, hold public meetings and obtain state tax approval; officials estimated the process would take about six months and discussed overlaps with brownfield and DDA/TIF revenues.
The commission held an informational discussion on using the Obsolete Property Rehabilitation Act for possible redevelopment of 111 Elm Street. Staff explained that OPRA is a district-based tool and cannot typically be applied to a single parcel without first creating an OPRA district and completing required public hearings.
"The first thing you have to do is create a Oprah district," staff said, and noted that after district creation a developer would apply and the city would review before sending approvals to the state tax authority. Staff said the overall set-up "will take you about 6 months to do," and commissioners asked how OPRA would interact with existing brownfield work and DDA/TIF revenues.
Commissioners and staff discussed hiring a municipal attorney familiar with OPRA and tax increment structures to advise on overlaps and the length of tax-capture agreements (staff said terms can range from one to 12 years). The item was presented for education and no formal action was taken.
AI generated
The text on this page is AI generated. Summaries, highlights, analysis, and video transcripts are all produced from the original source material.
AI can make mistakes, so if you spot one, and we will fix it for everyone.
Note: the source content is unaltered by us. Any content source we link to, be it a video, an audio recording, or a document, is presented exactly as its publisher released it. That publisher is usually a government body, sometimes an individual official or another organisation.
