Ordinance for the division of revenues under Section 403.19, Code of Iowa, for Kettlestone…
Recorded in the minutes as “Ordinance: Consideration of approval of an ordinance for the division of revenues under Section 403.19, Code of Iowa, for Kettlestone Lakes District Two Urban Renewal Plan…”. Passed 4–0; Yes: Anderson, Grove, Lyon, Pierce.
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 |
|---|---|
| Kala Anderson | Yes |
| Chris Crone | Absent |
| Rob Grove | Yes |
| Lori Lyon | Yes |
| Anna Bergman Pierce | Yes |
More from the record
Recorded in the minutes as: “3) Ordinance: Consideration of approval of an ordinance for the division of revenues under Section 403.19, Code of Iowa, for Kettlestone Lakes District Two Urban Renewal Plan [introduction; first reading] – Cou Motion: to approve the first reading in title only; seconded by Council Member Pierce. Director Economic Development Brown noted that the ordinance establishes the City’s ability to capture future tax increment within the designated area. Results of vote:”.
Motion as recorded: “to approve the first reading in title only; seconded by Council Member Pierce. Director Economic Development Brown noted that the ordinance establishes the City’s ability to capture future tax increment within the designated area. Results of vote:”.
Source Full minutes for the whole Nov 2, 2026 meeting, p. 2 (saved copy) · All votes at this meeting