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STAFF REPORT <br /> DATE: 6/17/2025 <br /> CONSENT <br /> <br />TO: City Council <br />FROM: Ashley Monterusso, City Planner <br />AGENDA ITEM: Washington County Community Development Authority (CDA) <br />Predevelopment Fincance Fund Application Approval <br />REVIEWED BY: Jason Stopa, Community Development Director <br /> <br /> <br />CORE STRATEGIES: <br /> <br />☒ Vibrant, inclusive, connected community ☐ Efficient, reliable, innovative services <br />☐ Responsive, transparent, adaptive governance ☒ Balanced Finances now and future <br />☐ Managed Growth ☒ Resilient Infrastructure <br /> <br />BACKGROUND: <br /> <br />Staff is working toward applying for funding with the Washington County Community Development <br />Agency’s (CDA) Predevelopment Finance Fund to use toward the ULI’s Technical Assistance Panel <br />(TAP). The purpose of the fund is to provide predevelopment grants to cities, townships and local <br />government development authorities located in Washington County. These funds are intended to: 1) <br />increase the availability of shovel ready properties in the county; 2) provide opportunities for our existing <br />businesses to stay and grow here in Washington County; 3) spur new business development and job <br />opportunities in the County; 4) provide opportunities for business diversity; 5) increased commercial and <br />industrial market values within Washington County, and 6) assist with removing blighted properties. <br /> <br />ISSUE BEFORE COUNCIL: <br />Should the city pursue the grant application for funding through Washington County CDA for the ULI TAP <br />project? <br /> <br />PROPOSAL DETAILS/ANALYSIS: <br />ULI’s Technical Assistance Panel (TAP) was recommended by the EDA and approved by City Council on <br />May 20, 2025. The Washington County Community Development Agency’s (CDA) Predevelopment <br />Finance Fund would be used toward the cost of the TAP. The City’s goal for the grant is to use to toward <br />the Urban Land Institute's (ULI) Technical Assistance Panel (TAP) for city owned 180 acres of land to <br />deliver guidance on land use and real estate challenges. If approved, the city will receive a grant of $17,500 <br />which would fund roughtly 50% of the TAP. <br /> <br />FISCAL IMPACT: <br />• $17,500 if approved to be used toward the ULI TAP <br /> <br />OPTIONS: <br />• Approve the resolution