Summary
A new TIF district would help finance 159 owner-occupied townhomes on 24.6 acres, with property tax revenue redirected to pay for roads, utilities, and water lines. The city expects $3.5 million in net revenue, and school districts get compensation payments.
At a glance
- Total mentions
- 4
- Last 30 days
- 0
Last discussed Apr 27, 2026.
Impact analysis
Projected $3.5 million net revenue to the city over the life of the TIF.
Future townhome owners and the city, which gains housing, infrastructure, and long-term revenue.
Mentions & discussions (4)
City Council Meeting — April 27, 2026
Council set up the tax increment financing framework and authorized $3 million in Series 2026 TIF bonds to pay for public infrastructure at the Creekside Woods development. TIF dollars come from the increased property tax the new development generates, directed to project improvements.
Council Work Session — February 17, 2026
A new TIF district would help finance 159 owner-occupied townhomes on 24.6 acres, with property tax revenue redirected to pay for roads, utilities, and water lines. The city expects $3.5 million in net revenue, and school districts get compensation payments.
City Council Meeting — January 12, 2026
Council held the required public hearing on a tax increment financing district for a 159-townhome development at Wildcat and Kellenberger Roads. No one objected; the hearing closed with no vote shown.
Council Work Session — January 6, 2026
A TIF district for a 159-townhome development requires a public hearing before council approval. The hearing is set for January 12, with legislation expected February 23.
Related development
Creekside Woods Incentive District
Adds 159 new owner-occupied homes and funds public roads and utilities, while returning $3.5 million to the city.
Creekside Woods Residential TIF District
Brings new for-sale housing and roughly $3.5 million in net city revenue; school districts receive compensation payments.
Creekside Woods TIF Financing
The bonds pay for roads, utilities, and other public improvements that make the Creekside Woods development possible.
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