Approve Resolution approving Development Agreement with PC Dev Partners, LLC Authorizing…
Recorded in the minutes as “I. MOTION : Motion: approve Resolution approving Development Agreement with PC Dev Partners, LLC Authorizing Annual Appropriation Tax Increment Payments and Pledging Certain Tax…”. Passed 4–1; Yes: Dvorak, Otis, Sarchet, Savage. No: Hill.
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 |
|---|---|
| Rob Sarchet | Yes |
| Nick Otis | Yes |
| Jeff Savage | Yes |
| David Dvorak | Yes |
| James Hill | No |
More from the record
Recorded in the minutes as: “i. MOTION : Motion: approve Resolution approving Development Agreement with PC Dev Partners, LLC Authorizing Annual Appropriation Tax Increment Payments and Pledging Certain Tax Increment Revenues to the Payment of the Agreement”.
Motion as recorded: “approve Resolution approving Development Agreement with PC Dev Partners, LLC Authorizing Annual Appropriation Tax Increment Payments and Pledging Certain Tax Increment Revenues to the Payment of the Agreement”.
Source Full minutes for the whole Apr 27, 2026 meeting, p. 1 (saved copy) · All votes at this meeting