What: creation of Tax Increment Financing District 3.
Where it stands: On October 14 the notice-of-hearing resolution and the project-plan preparation resolution were held two weeks (motions by Ben Reynolds and Samantha Ingram).
Next: outcome not read.
Details
Terms, boundaries and the project plan were not read.
Public hearings are called for December 1 on District 3 (Tillman's Corner and Highway 90, 41-1120 and 41-1121). Res. 50-1223 authorizes the Mayor to prepare draft TIF project plans.
Resolutions for project-plan preparation and calls for hearing on TIF Districts 3, 5 and 7 held two weeks (hearings had been set for November 3). Members split on the delay: one urged keeping the process moving, others wanted the county and school board involved first and a one-page public explainer. The administration said the delay would slow project plans.