City IDB Sets Another Attorney-Client Meeting On Black Creek TIF

Monday, August 11, 2014

The City Industrial Development Board (IDB) has set discussion this morning on the controversial Black Creek $9 million Tax Increment Financing.

The agenda also includes a section for a closed session with the board and the city attorney.

There is a follow-up meeting on the Black Creek TIF on Friday morning.

Here is today's agenda:

1. Call meeting to order.
2. Business and legal decisions pertaining to the Tax Increment Financing (TIF) at Black Creek Mountain.
3. Adjourn.
ATTORNEY-CLIENT MEETING

The Friday meeting includes a section for public comment.

Chancellor Frank Brown invalidated the TIF after citizen Helen Burns Sharp filed suit.

Developer Doug Stein said it is to be used to build a road and sewer to the top of Aetna Mountain, which has thousands of acres of undeveloped property.


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