Adopt RESOLUTION 2026-074 instituting proceedings to take additional action for the issuance…
Recorded in the minutes as “Adopt RESOLUTION 2026-074 instituting proceedings to take additional action for the issuance of not to exceed $4,700,000 General Obligation Urban Renewal Bonds or Capital Loan…”. Passed 5–0; Yes: Graber, Hollinrake, Davis, Perry, Shafer. Amount in the record: $4,700,000.
What this means (Tax increment financing (TIF)): Within an urban renewal area, the extra property tax from rising values can be set aside for a period of years to pay for projects or incentives in that area, instead of going to the usual taxing bodies.
How each member voted
| Official | Vote |
|---|---|
| Todd Shafer | Yes |
| Matt Davis | Yes |
| Dustin Graber | Yes |
| Justin Hollinrake | Yes |
| Jeff Perry | Yes |
More from the record
Recorded in the minutes as: “to adopt RESOLUTION 2026-074 instituting proceedings to take additional action for the issuance of not to exceed $4,700,000 General Obligation Urban Renewal Bonds or Capital Loan Notes (ECP/UR)”.
Motion as recorded: “to adopt RESOLUTION 2026-074 instituting proceedings to take additional action for the issuance of not to exceed $4,700,000 General Obligation Urban Renewal Bonds or Capital Loan Notes (ECP/UR)”.
Source Full minutes for the whole Mar 2, 2026 meeting, p. 4 (saved copy) · Agenda packet · All votes at this meeting