The multistage Village Park Flats development won nearly $9.7 million in tax increment financing on a 5-1 vote and passage of its plat and a rezoning ordinance on 6-0 votes.
The City Council will convene its first regular July meeting at 5:30 p.m. Wednesday, a day later than usual due to Independence Day, in the City Hall council chamber.
North Platte Planning Commission members recommended City Council backing of three housing initiatives that would bite into into a 2018 estimate of the city’s shortage of housing stock.
Community Redevelopment Authority members Thursday endorsed tax increment financing for Village Park Flats and wrapped up a TIF contract to complete the Victory Village apartment complex to its west.
The nine-member panel voted to recommend tax increment financing for the 128-lot Village Park Flats on West A Street, annex a 10.35-acre north-side lot and make 260 east-side acres TIF-eligible.