HomeMy WebLinkAbout2025_02_18 CC Study Session PresentationCITY OF BROOKINGS
|Meeting Agenda |
STUDY SESSION
"We are an inclusive, diverse, connected community that fuels the creative class, embraces
sustainability and pursues a complete lifestyle. We are committed to building a bright future through
dedication, generosity and authenticity. Bring your dreams!"
Tuesday, February 18, 2025| 6:00 p.m. | City & County Government Center
The City of Brookings is committed to providing a high quality of life for its citizens and fostering
a diverse economic base through innovative thinking, strategic planning, and proactive, fiscally
responsible municipal management.
Brookings City & County Government Center –520 3rd St. –Brookings, SD 57006 –Phone: (605) 692-6281
1. CALL TO ORDER
PLEDGE OF
ALLEGIANCE-
2. RECORD OF COUNCIL ATTENDANCE
-
3. ACTION TO APPROVE THE AGENDA
-Action: Motion to Approve, Roll Call
4. OPEN FORUM
-Any member of the public may make a brief announcement or invitation,
or request time on the agenda for an item not listed.Individuals are
asked to state their name and city of residence for the record.Public
Comment is limited to a maximum of three minutes per person.
The speaker’s comments and views expressed do not necessarily reflect
the views or positions of the City of Brookings or City Council.
5. PRESENTATIONS / REPORTS -
Development Tools
Planned Development Districts (PDDs)
Commercial Corridor Overlay Districts
Tax Increment Financing (TIF) Districts
•Future Land Use
•Zoning
•Overlays
Overview
Future
Land Use
Zoning
Overlays
Commercial Corridor Overlay
•What Is It?
‣Additional zoning layer applied to
commercial corridors to enhance
aesthetic, functional, and economic
aspects
•Where Is It?
•Key Features:
‣Regulates landscaping, and building
aesthetics
‣Promotes cohesive architectural
themes
‣Aims to improve pedestrian and
vehicular access
•Examples in Brookings
Commercial Corridor Overlay
Starbucks –2008 22nd Ave S
BWell –2118 Main Ave S
•What Is It?
‣Customized Zoning Tool for Flexible Land Use & Design Regulations Tailored
to Specific Developments
•Key Features:
‣Site Specific Zoning Agreements
‣Flexibility in Permitted Uses & Development Standards
‣Encourages Innovative Design
Planned Development Districts (PDDs)
PDD Examples
Trails Head –1130 Main Ave S
Lofts @ Parkhill –1116 6th Street
•What Is It?
‣Financial tool that uses anticipated
property tax revenue increases to
fund infrastructure and community
projects
•Key Features:
‣Helps overcome initial development
cost barriers
‣Reinvestment in the designated
area without increasing taxes
citywide
Tax Increment Financing (TIF) Districts
•Base Value (Current Assessed Value) = $200
•Taxable Valuation (Completion of Project) = $1,000
•Increment = $800
Increment is available to reimburse the eligible project
costs
TIF Example
$0
$200
$400
$600
$800
$1,000
$1,200
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20Revenue
Year
TIF Revenue Production
Base Revenue Increment
Ramp up period
to reach
maximum value
typically over five
$14,200 of
increment generated
over 20 years to support
TIF eligible expenses
•TIF # 5 –32nd Avenue
‣Economic Development
‣$1.7M Total Increment
‣Street construction, drainage improvements
•TIF # 10 –15th St S/7th Ave S
‣Workforce Housing
‣$3.3M Total Increment
‣Street construction, drainage improvements
TIF Examples
Questions?
6. CITY COUNCIL MEMBER INTRODUCTION OF TOPICS FOR FUTURE DISCUSSION.-Any Council Member may request discussion of any
topic at a future meeting. Items cannot be added for
action at this meeting. A motion and second is required
which states the topic, requested outcome, and time
frame. A majority vote is required.
7. ADJOURN
-Brookings City CouncilMayor: Oepke Niemeyer Deputy Mayor: Nick Wendell
Council Members: Wayne Avery, Andrew Rasmussen, Brianna Doran,
Bonny Specker, Holly Tilton Byrne
Council StaffPaul M. Briseno, City Manager Steven Britzman, City Attorney
Bonnie Foster, City Clerk