Message from the Board
Reported by firstname.lastname@example.org on 2/27/19
Dear District 204 Community,
In our February 14, 2019 message to our community, we said we would continue to provide you with relevant updates regarding the City of Aurora’s Comprehensive Plan for the Route 59 Corridor. Last night, the Aurora City Council approved the first development in this plan, a senior housing development called Cedarwood, to be built on vacant land at 75th Street and Ogden Avenue. While the board supports the addition of senior housing to the mix of residential options in the community, we have repeatedly expressed concern to the city over the economic incentives offered to the developer. The agreement includes creating a tax increment finance (TIF) district for the development. Doing so precludes the district from receiving any property taxes for the next 23 years beyond the current very low taxes generated from the vacant land assessment.
The City’s Comprehensive Plan for the Route 59 Corridor includes the possibility of creating other TIF districts as incentives for developers. The next one likely to be discussed is a TIF on a residential property that will produce students for our district. If the City continues to create TIF districts, we will receive additional students from developments without adequate funding to support their education. This will have a negative impact on our entire district.
On behalf of the Board of Education, Board Secretary Cathy Piehl had the opportunity to address City Council to express our concerns during the public comment portion of last night’s meeting. You can read the remarks at the link below.
District officials will continue to have conversations with City officials and monitor the plan as new developments are brought forth. We will also continue to update our community when relevant information becomes available.
On behalf of the Board of Education,
Letter to City of Aurora 02.26.19 (pdf)
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