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The board appointed Dan Budde as the public member (Budde abstained) and named Shawn Reilly chair for TID 31, approved prior minutes, reviewed responsibilities and a draft project plan for creating TID 31, and adopted a resolution that parcel subtractions listed in the TID 22 project plan are no longer required. A future meeting was set to consider final approval of the TID; the minutes do not list a date.
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The board took administrative steps to move forward with a proposed tax incremental district (TID 31) and resolved that parcels previously listed for removal from TID 22 do not need to be subtracted. A TID is a financing tool that uses future increases in property value to pay for local development. This meeting did not approve specific projects or change taxes; residents should expect further meetings where details and any direct impacts will be decided.
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