All Legislation
Ordinance1436-2024Passed

To appropriate and authorize the expenditure of service payments in lieu of taxes deposited, or to be deposited, in the Lucent Commercial TIF Fund to the developer, or its designee, pursuant to the following agreement; to authorize the Director of the Department of Development, on behalf of the City, to enter into a Tax Increment Financing Agreement with Trident Broad Development LLC to reimburse the developer for a portion of the prorated costs of shared stormwater basins serving both the developer’s project and the Department of Public Service’s Roadway - Westbourne Avenue Extension project within and around Franklin County Auditor Parcel No. 520-269045 owned by the developer; and to declare an emergency. (0.00)

Progress

Introduced

May 10, 2024

In Committee

Jun 3, 2024

Passed

Jun 5, 2024

4

Enacted