Authorize election for statutory pass-through funding in Nevin redevelopment area
Resolution 83-05
In Plain English
The city must hold a special election to determine pass-through payments for the Nevin redevelopment project. State law requires this vote when redevelopment agencies want to use certain tax increment funding. If approved, property tax revenue from the area can flow to specific public services instead of the general fund.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
7 to 1
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