Resolution approving a professional services contract with Ehlers and Associates, Inc. for the preparation of plan for Tax Increment District Number 22 for the area of 66th and Mitchell (Lot 3 and Lot 4) within the Six Points Farmers Market Redevelopment Area.

This resolution approves a professional services contract with Ehlers and Associates, Inc. for the preparation of a plan for Tax Increment District Number 22 (TID 22). This new district will be located in the area of 66th and Mitchell (Lot 3 and Lot 4), which is part of the Six Points Farmers Market Redevelopment Area. The contract amount is up to $18,000. Ehlers & Associates will provide services in three phases: Feasibility Analysis, Project Plan Development and Approval, and State Submittal. The purpose is to determine the feasibility and create the plan for this Tax Incremental Finance District, which aims to spur economic development in the designated area.