Downtown Stadium Tax Increment Financing Plan

At a glance

What: Ordinance 260888 approves the Tax Increment Financing Commission recommendations on the Downtown Stadium Tax Increment Financing Plan, creates a Stadium Impact Area Policy (new Section 74-13 of the Code) and rewrites Section 50-11 of the offenses chapter.
Where it stands: Passed as substituted and amended on October 8, 2026, 11 to 2.
Next: Companion bond ordinance (see Downtown Stadium Revenue Bonds) passed the same day; a voter-approval ballot question is set for April 6, 2027.

Sponsor: Mayor Lucas. The docket included stadium and impact area projections dated October 1, the TIF plan with exhibits dated September 9, a Tax Contribution Agreement and a Redevelopment Agreement dated October 6, and written testimony from a committee of petitioners received October 7.
Amendment (committee substitute as amended): carried 11 to 2. Rea and Bunch voted no.
Advance to passage: 11 to 2. Willett and Duncan voted no.
Final passage as substituted as amended: 11 to 2, same two members voting no.
The ordinance also directs the clerk to send a copy to Jackson County.
The minutes record votes only; no member statements or public speakers are summarized.

Passed as substituted as amended, 11 to 2 (Willett and Duncan no). The amendment had passed 11 to 2 (Rea and Bunch no).