This meeting of the Redevelopment Agency Board convened on October 28, 2025, with Chair Doherty, Vice Chair West, Members Cherry, Schlottman, Nelberg, Riley, and Ortiz Thompson present; Members Johnson and Loden excused. The board approved prior meeting minutes and received presentations on redevelopment area incentives and the progress of establishing Redevelopment Area Three. Staff reported on upcoming meeting dates for 2026.
Redevelopment Area Incentives Update: Tracy Reich, Redevelopment Manager, presented proposed changes to existing programs and a new Tenant Improvement Program (TIP). Key updates include:
Update on Redevelopment Area Three: Tracy Reich reported that the planning commission supported the establishment in August, and the city council approved it in September. Staff are now preparing a blight study checklist and schedule. A one-page flyer (English on one side, Spanish on the other) has been created for field staff to leave with citizens, including a QR code and link to a website. Staff are coordinating with neighborhood services and Ward 3 for early and frequent community outreach.
Discussion Regarding Future Agenda Items: Member Cherry asked if there is a public resource listing capital improvement projects in public right-of-way, especially in the Arts District. Tracy Reich noted that Public Works might have such information and offered to research adding it to the Economic and Urban Development site for marketing purposes.
Call to order roll call. Chair Doherty. Here. Vice Chair West. Excuse Member Cherry. Present. Member Schlottman. Present. Member Johnson. Excuse. Member Nelberg. Present. Member Riley. Present. Member Loden. Excuse Member Ortiz Thompson. Present. You have a quorum. Announcement regarding compliance with open meeting law. We are compliant. Public comment. Comment during this portion of the agenda must be limited to matters on the agenda for action. If you wish to be heard, come forward and give your name for the record. The amount of discussion as well as the amount of time any single speaker is allowed may be limited. For possible action to approve the final amendments by reference of the regular meeting of April 29th, 2025. I move to approve the minutes. Report by Tracy Reich, the redevelopment manager regarding redevelopment area. A vote has to be made on the item before you can move on to the next agenda item. Through the chair. Verbal aye. Abstain. Report by Tracy Reich, redevelopment manager regarding redevelopment area incentives. This afternoon, we're going to present an overview of our current incentives and the in preparation for updates to those, and then introducing a new incentive that we would like your input on. TIFF will trigger prevailing wage requirements. Offer the city to a way to attract new tourism projects by using the retail taxes generated by the project after completion as a financing incentive for the development. Area 15 is probably the best known of our TID projects. On the federal level, the city uses new market tax credits for qualified census tracts, as you can see from the slide. A typical project would be between six and twenty million and up to roughly 20% of the capital stacks. Loans are forgiven at the end of a seven-year compliance period. Opportunity zones 1.1.0 are reaching its conclusion, but the federal government just passed opportunity zones 2.0, which take effect in 2027. The city will nominate census tracts to the state. The state will nominate 25% of those nominated statewide to the federal government. This process will take place next year. These are similar to how 1.0 was established. There are several new restrictions on what a qualified census tract is, depending on area median income and location. They added a number of incentives for rural development this year. Opportunity zones can be used for a variety of eligible projects, mostly real estate development and significant rehabs, opening new businesses within an opportunity zone, acquiring an existing business and relocating it into an opportunity zone, and large expansions of businesses already located there. So what we're going to talk about today is the changes to the visual improvement program first. The manual when we're done with it may not just it currently lists every zoning code that's available, but by with the inclusion of all of the form-based codes, it may be easier to just list the non-eligible zoning codes. We took tattoo establishments off the ineligible list.