August 4, 2026 City Council Meeting

• The decision changes the funding strategy; it does not stop the project.
• Design is approximately 65% complete.
• The total project estimate is approximately $147.6 million.
• Federal grant applications and other funding opportunities remain pending.

No construction appropriation was approved. The packet’s approximately $54.7 million gap included the withdrawn $49.4 million award; staff described an approximately $110 million funding need without that award.

• Why staff believes withdrawal is less risky than keeping the current award.
• What amount and schedule are anticipated for the 2026 TCEP application.
• How drainage, Union Pacific, Caltrans and utility dependencies affect the revised schedule.

• Updates the City’s 2019 Economic Development Strategic Plan.
• Uses six strategic initiatives and an implementation matrix.
• Adoption sets policy direction but does not approve every future program or expenditure.
• Future actions requiring funding or contracts must return to Council.

Adoption has no additional immediate fiscal impact. The completed planning contract was not to exceed $110,000; future implementation costs will return separately.

• Which initiatives Council wants staff to prioritize first.
• How progress will be measured and reported.
• Which recommendations are expected to return as near-term agenda items.

• Reviews year-end operating performance.
• Includes cash and investment reporting.
• Provides the starting point for the new fiscal year.
• Does not itself authorize new spending.

This is a receive-and-file reporting item. Any budget amendments or new appropriations must return to Council separately.

• Whether major revenues finished above or below budget.
• Whether reserve balances or fund projections changed.
• Whether staff identifies year-end adjustments that will return to Council.

• Pennsylvania remains the top priority.
• The Police Department Station moves to second.
• Stewart Park Phase 2 moves to third.
• Approval does not appropriate money or award contracts.

No direct fiscal impact is created by changing the priority order. Project funding and contracts must return through separate agenda items.

• Whether Council changes the recommended order.
• Whether any project is added, removed or consolidated.
• Which priorities staff expects to bring back next.

• Proposed assistance is $50,000.
• Full forgiveness requires five years of compliant operation.
• Partial forgiveness may occur after three years.
• The agreement includes repayment provisions if requirements are not met.

The proposed $50,000 loan would be paid from the Downtown Business Attraction and Expansion Program account.

• What expenses are eligible under the agreement.
• How performance and forgiveness requirements will be documented.
• How Council evaluates the public benefit and risk.

• No plan adoption is requested on August 4.
• The proposed return date is September 1, 2026.
• Additional ordinance and sign-regulation work remains underway.
• The hearing remains open for future Council consideration.

Continuing the hearing has no additional fiscal impact.

• Whether Council confirms the September 1 return date.
• Whether Council requests additional revisions.
• Whether any public testimony changes the scope of the follow-up.