Title
Action on a Development Agreement for Tax Increment District #14.
Body
Summary:
Staff recommends approval of the Development Agreement between the City of Brookings and Branch Creek LLC for Tax Increment District #14. The agreement details the developer’s obligations, infrastructure improvements, project costs eligible for reimbursement, terms of tax increment revenue utilization, and outcomes.
Recommendation
Recommendation:
Staff recommends approval.
Body2
Attachments:
Memo
Development Agreement
Location Map
Project Plan