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Board adopted Amendment No. 2 to the Project Plan for TIF District No. 67 to allocate TIF funds for King Park, traffic calming, street repaving/reconstruction, potential property acquisition, development preparation, commercial corridor grants, and contingency/administration (Res. No. 11077). The Authority approved conveying Redevelopment Authority-owned vacant lots to the City to consolidate lots for future marketing and development (Res. No. 11078). The board authorized redevelopment revenue bond support for the 3100 Meinecke affordable housing project (Res. No. 11079). It also approved a license agreement for Westown Night Market events at two downtown properties (Res. No. 11080). The May 4, 2026 special meeting minutes were adopted by consensus.
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The board approved reallocating tax-increment financing (TIF) money to pay for local infrastructure, park work, street repairs, and small commercial grants in and around the Brewery/Pabst area; the TIF is expected to close in 2031. They moved several Redevelopment Authority-owned vacant lots into City control to prepare those sites for future development. The Authority also agreed to support bond financing for a new 83-unit affordable housing project (mostly for seniors) and allowed summer Night Market events at two downtown sites. For residents, these actions mean planned public investment in streets, parks, and housing in affected neighborhoods and scheduled downtown events.
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