Council approves amended Trindle Ridge development agreement, expands infrastructure cap
Council adopted Resolution #2024-101 approving an amended development agreement with Trindle Ridge LLC that increases the dollar cap for infrastructure to extend sewer to phase 2 and adds three parcels; the resolution authorizes tax-increment payments and pledges certain TIF revenues.
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The council approved an amendment to the development agreement with Trindle Ridge LLC to extend sewer infrastructure into a second phase and include three additional parcels. City Clerk Jessica Drake told the council that "the amendment increases the $ cap of the infrastructure (extending sewer to phase 2 of the development) and added 3 additional parcels."
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