Sheldon Ave SE DDA Interlocal Agreement

At a glance

  • What: interlocal agreement between the Brownfield Redevelopment Authority and the DDA for a Sheldon Ave SE project.
  • Where it stands: approved 2026-09-23 at 75% pass-through.
  • Next: none scheduled; see Brownfield Projects and Reimbursements.

Sources

Log

2026-09-23 - Brownfield Redevelopment Authority

  • Approved by voice vote: interlocal agreement with the DDA for the Sheldon Ave SE project, with a 75% pass-through of captured tax increment matching the approved brownfield plan. The project already holds a conditional state approval letter. Staff said future developer and reimbursement agreements will build in the interlocal terms so separate board actions are no longer needed. Outcome from auto-generated captions; minutes not read.