Approve Resolution 2026-069 instituting proceedings to take additional action for the issuance…
Recorded in the minutes as “Approve Resolution 2026-069 instituting proceedings to take additional action for the issuance of not to exceed $2,500,000 general obligation urban renewal capital loan notes…”. Passed 6–0; Yes: Rabe, Dalby, Armstrong, Davis, Sones, Lane. Amount in the record: $2,500,000.
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 |
|---|---|
| Mellisa Sones | Yes |
| Ron Dalby | Yes |
| Steve Armstrong | Yes |
| Tiffany Davis | Yes |
| Josh Rabe | Yes |
| Bob Lane | Yes |
More from the record
Recorded in the minutes as: “to approve Resolution 2026-069 instituting proceedings to take additional action for the issuance of not to exceed $2,500,000 general obligation urban renewal capital loan notes (ECP/UR)”.
Motion as recorded: “to approve Resolution 2026-069 instituting proceedings to take additional action for the issuance of not to exceed $2,500,000 general obligation urban renewal capital loan notes (ECP/UR)”.
Source Full minutes for the whole Apr 6, 2026 meeting, p. 3 (saved copy) · Agenda packet · All votes at this meeting