City Council Parkway Development Work Session 1-14-2025
Saturday, March 15, 2025
Parkway neighborhood residential development project
Infrastructure financing alternatives
City fee forgiveness and trunk fees
Pay-as-you-go tax abatement concepts
Return on investment (ROI) analysis for development
Review of project proforma and financial projections
Phased development timeline and unit capacity
Notable Quotes (2)
If you choose to provide assistance to the project that doing so would not unduly enrich the developer.
Financial OversightAddressing concerns regarding developer profit margins.
The risk here then is on the developer to do that... the city isn't making up the difference.
Risk MitigationExplaining the pay-as-you-go tax abatement structure.
People (2)
Jason ArsalFinancial Adviser
Presented financial alternatives for the Parkway neighborhood development project.
Unnamed MayorMayor
Presided over the work session and queried the necessity of public financial intervention.
Places Mentioned
Jon CityParkway neighborhood
Events & Meetings (1)
- January 14th Work Session, Jon City Council