The Gateway Mission funding saga will continue this fall.
In a public hearing Wednesday, New York-based Cameron Group LLC and GFI Development Co. given their fifth iteration of the tax-increment-financing plan for the site, along with the community improvement district proposal.
But the City Manager Laura Smith said in an email that council members “not positioned” to take Peta on the proposal and have decided to continue negotiations with the developer. Both the public hearing and the final action have been pushed to a special meeting of the City Council on November 21.
“At the meeting, we anticipate taking additional public comments, and for the Council to vote on the TIF ordinance, the CID ordinance, the redevelopment agreement and the initial development plan,” said Smith.
Although the final action is delayed, the city and the developer still want to start construction in early 2023.
“(The timeline) will have some impact, but the goal will still be to create as soon as possible in 2023,” Smith said.