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The board approved TIRZ 1 funding for the Downtown Parking Structure and City Park Relocation Project, with a 6-1 vote. The presentation also outlined TIRZ priorities, including fire suppression, downtown redevelopment, and a projected ending fund balance of $24.2 million for fiscal year 2026.
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The board approved funding tied to the Downtown Parking Structure and City Park Relocation Project, with one board member voting no. The minutes say the money will support architecture and engineering services for the project, not design-build services as originally described on the agenda. A staff presentation also said TIRZ 1 had a projected ending fund balance of $24.2 million and listed other priorities such as fire suppression upgrades and redevelopment projects.
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