The BIDC/CDA didn’t take any major votes Feb. 24, but it did signal where the city’s development work is headed next: tougher stances on Sandy Bay lot offers, early steps toward more industrial land, and more planning for the next subdivision site.
Key Decisions
Sandy Bay lot offers: the CDA reviewed three offers and said they were too low, rejecting counteroffers and keeping the lots on the market. That’s a clear message on pricing expectations — but without a formal vote, residents don’t get a clean public record of the city’s bottom line.
Subdivision expansion: the CDA narrowed in on land on the north side of Two Rivers and agreed staff should get more detailed estimates for infrastructure costs and possible lot counts. This is the early, expensive part of subdivision planning — where assumptions can quietly lock in future price points and feasibility.
Woodland Industrial Park: the BIDC discussed an offer to buy Phase 1 acreage and reached consensus for staff to start negotiating with a private property owner for future industrial acreage. It’s a sign the city is thinking about keeping a pipeline of industrial land — but again, no formal action was taken.
Public Input
No public comments or communications recorded for this meeting.
Agenda Items
Update on Construction Activity, Marketing Activity, and Lot Sales at Sandy Bay Subdivision. Approval of offers for Lot 22, Block 2; Lot 5, Block 5; and Lot 6, Block 5
The CDA reviewed three offers for Sandy Bay lots and considered them too low; counteroffers were rejected and the lots will stay available. The minutes describe this as discussion with no formal action, which matters because pricing and negotiation posture can shape the whole subdivision’s market — and residents are left without a recorded vote or clear policy direction on acceptable pricing.
The CDA discussed possible sites for the next residential subdivision, looking at basics like topography, wetlands, soils, and acreage. Members reached consensus to pursue more refined infrastructure cost estimates and potential lot sizes for land on the north side of Two Rivers. This is a key fork-in-the-road moment: once the city starts spending time and money refining a site, it tends to become the default option unless something forces a change.
Status Updates on: 1. Spices Restaurant 2. Renee's Popcorn 3. Flavor Hut
Staff updated the committee on three local businesses: The Spices was expected to open in the coming days, and Renee’s Popcorn and Flavor Hut were working on expansion plans in Two Rivers. No decisions were made. This is useful as a pulse-check on small business growth, but the minutes don’t spell out what city help (if any) is being offered or requested.
Discussion of offer to purchase acreage in Phase 1 of Woodland Industrial Park
The BIDC reviewed what industrial acreage the city has available, how local companies may want to expand, and how to keep the park viable long-term with additional land along Woodland Drive. The committee reached consensus for staff to begin negotiations with a private property owner for future acreage, but took no formal vote. For residents, the big question is what price and terms the city is willing to pursue — and when that will come back in a public, voteable form.
Review of RLF and TIF fund balances and lending strategy
The committee reviewed Revolving Loan Fund and TIF balances, including current commitments and what capacity is left, and staff walked through lending strategy and guidelines. No action was taken. This is where the city’s economic development priorities show up in practice — who can get help, how much, and under what conditions — but the minutes don’t include the actual balances or any direction changes residents could evaluate.
Hamilton Community Visioning Phase 2 February 25th, 5:30pm
Staff updated the committee on resident feedback collected so far for the former Hamilton property visioning process and previewed the next phase meeting. No decisions were made. This is still the “shape the options” stage — the point where public input can matter most — but it’s also easy for the process to drift into a staff-driven plan unless the city clearly shows how feedback changes the next draft.