Ordinance designating an increment area; setting a sunset date for the increment area; identifying the public improvements to be financed; indicating the City’s intent to issue bonds to finance public improvement costs in an estimated maximum principal amount not to exceed $84.4 million; providing that the increment area will take effect on June 1, 2026; imposing a deadline for commencement of construction; and providing for related matters.

Committee

City Council Regular Meeting

Requested by

City Manager's Office

Introduced

February 12, 2026

On agenda

May 20, 2026

Where it was heard

City Council Special Meeting May 20, 2026

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