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Brownfield Plan #87 (New Vision)

Lansing

Description

An update on the New Vision brownfield plan was scheduled, focusing on the reimbursement agreement and interlocal agreement that govern repayment of eligible brownfield costs through tax increment capture.

Impact summary

The agreements' terms control how much captured tax money flows back to the developer and when — affecting local taxing jurisdictions' revenues and the pace of the project.

At a glance

Hearings
1
Public comments
0
Total mentions
1

Recorded in the meeting · Committee on Development & Planning

Approved3–0, unanimous

Discussed at 1 meeting in the last 60 days; most recently Nov 6, 2026.

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