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City Council · August 23, 2022

R-248-2022

Approve amendment to Summit Hill Redevelopment Plan extending TIF allocation period

A Resolution approving an amendment to a prior amendment to the Summit Hill Redevelopment Plan extending the allocation period for tax increment financing from twenty years to thirty years.(Requested by Department of Economic and Community Development)

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On August 23, 2022, the City of Knoxville, TN City Council adopted “Approve amendment to Summit Hill Redevelopment Plan extending TIF allocation period” by a vote of 9–0.

Unanimous Adopted 9-0-0-0

Part of Developer tax breaks (PILOTs)

Motion to approve

Moved by Lynne Fugate · seconded by Janet Testerman

Topics: Budget & taxes

Public forum

The clerk’s minutes record no speakers at the public forum for this meeting.

A sign-up count from the minutes — not a measure of overall public opinion.

Minutes of the 23 August 2022 meeting — page 9

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