Item Coversheet

Council Communication

Department: City Clerk
Case/Project No.: URN-21-005
Submitted by: Courtney Harter, Housing & Economic Development ManagerĀ 
Ordinance 6467
ITEM 5.B.
Council Action: 8/9/2021
Description

Ordinance providing that general property taxes levied and collected each year on all property located within the Arbor Creek Urban Renewal Area, for the benefit of  taxing districts, be paid to a special fund for payment of principal and interest, incurred by the City in connection with the Arbor Creek Urban Renewal Area.

Background/Discussion

See attached staff report. 
Recommendation

ATTACHMENTS:
DescriptionTypeUpload Date
Staff ReportStaff Report7/15/2021
Exhibit 1 - Arbor Creek Urban Renewal PlanOther7/15/2021
Ordinance 6467Ordinance7/21/2021