Hearing and Resolution accepting the proposal of Outer Banks Apartments, LLC for the purchase…
Recorded in the minutes as “Hearing and Resolution accepting the proposal of Outer Banks Apartments, LLC for the purchase of certain land in the Teton Urban Renewal Area and authorizing and approving a…”. Passed 4–1; Yes: Berenstein, Bertrand, Rayford, Schoenherr. No: Scott.
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 |
|---|---|
| Bob Scott | No |
| Julie Schoenherr | Yes |
| Craig Berenstein | Yes |
| Rick Bertrand | Yes* |
| Ike Rayford | Yes |
More from the record
Recorded in the minutes as: “19. Hearing and Resolution accepting the proposal of Outer Banks Apartments, LLC for the purchase of certain land in the Teton Urban Renewal Area and authorizing and approving a Development Agreement and Minimum Assessment Agreement. (Property located at 4203 Denise Court) 2026-0629 Teresa Fitch, … Motion: to open the hearing and adopt the proposed resolution, citizen comments were not offered, and the hearing was closed”. The minutes add: “ssistant City Manager; a private individual, Economic Development Specialist; and Outer Banks Apartments, LLC owner, provided information on the item.”
Motion as recorded: “to open the hearing and adopt the proposed resolution, citizen comments were not offered, and the hearing was closed”.
Source Full minutes for the whole Jun 22, 2026 meeting, p. 7 (saved copy) · All votes at this meeting