The Sac City Council met Tuesday night to go over various topics on their agenda, including approving details for the spring cleanup, amending city contributions for health care coverage, and setting a public hearing of the urban renewal plan and project. City Administrator, Jamie Lawrence, lays out the details about the spring cleanup.
He adds they will not be able to take lumber, shingles, hazardous waste, batteries, tires, recycling, and concrete blocks. The council then discussed health care coverage for city employees, and Lawrence says this is designed to help them bring in new workers and retain employees.
One of the last things the council talked about at their meeting was setting a public hearing of the urban renewal plan and project. Lawrence details what this project is.
TIF is tax increment financing, allowing local governments to invest in public infrastructure and other improvements up-front. This allows the council to pay later for those investments, and they can do so by capturing the future anticipated increase in tax revenues generated by the project. Lawrence adds what the project is indented to do.
The council met Tuesday night in the Sac City Municipal Utility Building council chambers.
