Noorda College of Osteopathic Medicine tax increment agreement
On Sept. 5, 2023 the board voted 7-0 to bring the proposed expansion of Noorda College of Osteopathic Medicine's tax increment finance agreement back for a vote at its next meeting.
In review
- Type
- Development agreement
- Applicant
- Noorda College of Osteopathic Medicine
- City Council work session: Noorda College of Osteopathic Medicine tax increment agreement
- City Council work session: Noorda College of Osteopathic Medicine tax increment agreement
- City Council work session: Noorda College of Osteopathic Medicine tax increment agreement
- City Council work session: Noorda College of Osteopathic Medicine tax increment agreement
In brief
Noorda College of Osteopathic Medicine tax increment agreement appears on 4 recorded agendas, from the City Council work session meeting of June 20, 2023 to the City Council work session meeting of September 5, 2023.
The City Council work session meeting of September 5, 2023 gave staff direction on it; that was not a vote on the application itself.
Follow the money and project delivery
Noorda College of Osteopathic Medicine tax increment agreement
- Council action
In review according to the dated project source. Record → · Sept. 5, 2023
- Money in the record
No itemized amount linked in the records collected.
- Signed agreement and payments
Execution and project-level disbursements are not verified by this tracker. They require separate records; meeting approval alone does not establish either.
- Work and operating costs
Check the linked records for completion and recurring operating costs; this tracker does not verify them. Record →
Every hearing and vote
September 5, 2023 · City Council work session
Noorda College of Osteopathic Medicine tax increment agreement
Approved · 7-0
Board Member MacKay, seconded by Board Member Whipple, moved that the matter come back for a vote at the next meeting. It passed 7-0.
August 22, 2023 · City Council work session
Noorda College of Osteopathic Medicine tax increment agreement
Approved · 7-0
A motion expanded the project area to include the existing building and extended the redevelopment period from 12 to 20 years. An amended motion instructed staff to bring back an agreement that also includes milestones at 5 and 10 years and penalties for missing them. It passed 7-0.
July 18, 2023 · City Council work session
Noorda College of Osteopathic Medicine tax increment agreement
Approved · 7-0
A motion to have tax increment finance proposals prepared, one including the already-constructed building and one without, was seconded by Board Member Rachel Whipple and passed 7-0.
June 20, 2023 · City Council work session
Noorda College of Osteopathic Medicine tax increment agreement
Discussed
Presentation on expanding the tax increment finance agreement with the college. It will come to a future RDA Governing Board meeting.