Economic Development - TIRZ

26. Sunnyside

Purpose
The purpose of the tax increment reinvestment zone (the "Zone") is to finance the construction of public infrastructure necessary to facilitate residential and commercial development and redevelopment within the Zone boundaries. The reinvestment zone includes land where adequate roadway and utility infrastructure is absent and where development will not occur through private investment alone in the reasonably foreseeable future. Additionally, developed areas within the Zone struggle with a similar lack of investment as existing roadways and infrastructure have fallen into disrepair or no longer meet the needs of today's market demands, leveraging the expenditure of public funds for eligible project costs, including the planning, engineering, and construction of new streets; water distribution facilities; wastewater collection facilities; storm drainage improvements; roadway and street reconstruction projects; cultural and public facility improvements; parks; and other related improvements.

Budget Ordinances and Other Documents

The links below are in .pdf

• Fiscal Year 2024 Budget
• Fiscal Year 2023 Budget
• Fiscal Year 2022 Budget
• Fiscal Year 2021 Budget
• Fiscal Year 2020 Budget
• Fiscal Year 2019 Budget
• Fiscal Year 2018 Budget
• Creation
• Preliminary Project Plan (subject to Council approval)
• Approved Project Plan
• Project Plan First Amendment
• Boundary Map
• Boundary Enlargement (2020)

Request for Qualifications:

• Financial Advisor Services (published July 2023)
• Design and Master Planning Services for Sunnyside Park Project