Planning Commission Rejects TIF District for Heights Condominiums
The Bloomington Planning Commission rejected a proposed Tax Increment Financing district for The Heights condominium development Thursday evening, citing concerns the project does not align with the city's comprehensive plan.
The commission voted 3-3 on the TIF proposal, which would have helped finance repairs to the failed parking structure at the 30-unit condominium complex. The tie vote effectively kills the measure, as it needed majority approval to advance to the City Council.
Commissioners who opposed the measure questioned whether using public financing tools to assist private condominium owners sets an inappropriate precedent. "I don't think this fits the comprehensive plan," said Commissioner Curry, noting the city's redevelopment strategies don't address situations like The Heights.
The Housing and Redevelopment Authority had already approved the financing package, which would have combined city bonds, HRA funds, and the TIF district to fund approximately $1 million in repairs. Residents would have faced monthly assessments of $400-500 per unit even with the TIF assistance.
In other business, the commission approved a conditional use permit for an adult daycare center at 9000 Old Cedar Avenue and recommended approval of zoning amendments for RS-1 and R-1A residential districts. The commission also reviewed proposed changes to the city's sign code, including allowing roof signs in certain districts and increasing directional sign sizes. The meeting concluded with recognition of retiring Planning Manager Glenn Markegard, who served the city for 29 years.
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Other Topics from This Document
Conditional Use Permit for Adult Daycare Center
City Code Amendment for RS One and R1A Zoning Districts
Sign Code One Year Look Back Amendments
Review of The Heights Housing Improvement Area (HRA) and Tiff District
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