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SUBJECT: STAFF UPDATES <br />DATE: FEBRUARY 16, 2024 PAGE 2 OF 2 <br />UpdateComprehensive Plan ., <br />2024 2025 <br />Q1 Q2 Q3 Q4 Q1 Q2 Q3 <br />Community <br />Engagement Windows <br />Topics: Topics: <br />• Boards and <br />Kickoff; vision Community <br />Commissions <br />and values choices, <br />• Public Engagement <br />(surveys, open <br />conversations priorities <br />houses, etc.) <br />Planned adoption <br />Draft Comprehensive <br />late Summer <br />Plan <br />2025 <br />LRC Update <br />Following approval by Council, the request for direct financial assistance from Radiance <br />MedSpa at 916 Main Street returned to the LRC for final approval. The LRC approved <br />the request and entered into a rebate agreement with the property owner that <br />authorizes a 90% rebate of the tax increment on the property for up to 10 years, or until <br />the total rebate payments reach $200,000. <br />Staff will be presenting a proposed Property Improvement Program to the LRC during <br />its February meeting. The purpose of the program is encourage reuse of existing <br />buildings, resulting in a reduction of blight and vacancies while activating and adding <br />vibrancy to the urban renewal area. Interior improvements including tenant finish, ADA <br />compliance, flooring, lighting, and walls are all proposed to be eligible for <br />reimbursement through the program. <br />ATTACHMENT(S): <br />None. <br />Agenda Packet P. 9 <br />