At a meeting tonight, members of Columbia’s City Council are expected to vote on a resolution offering preliminary support for a downtown TIF district. The idea, which would fund downtown infrastructure improvements, would freeze sales and property taxes for up to 23 years – money from any additional future revenue increases would then be diverted to a special fund for those improvements.
Columbia City Council members amended and approved stricter requirements for a controversial potential housing development near Rock Bridge Memorial State Park.
The tougher ordinances affect the amount of impervious surfaces the new development is allowed to have. Impervious surfaces are surfaces such as streets or sidewalks that reduce the amount of water that soaks into the ground. The changes come on the heels of dozens of water concerns community members voiced about the project.