Councilors briefly returned to earlier work on a proposed commercial incentive district (Sections 485A and 485B cited in discussion) and described an intent to understand legal conditions that could be applied to incentives to encourage mixed-use development and housing.

Separately, the assessor reported a data-verification project that has already added about $75 million to the tax roll in a prior year and expects roughly $40 million this year, with future potential additions contingent on final reporting. The assessor said the next year could show a substantial increase depending on outstanding reports and verification work and indicated they will provide revenue projections for the council.

Councilors said expanding the tax base through incentives and improved assessment captures, combined with short-term rental revenue and other taxes, should be considered as the city approaches the 2026 budget. Several councilors asked for legal guidance on the statutory authority under Section 485A to place conditions on incentive programs to promote housing outcomes. A councilor offered to work with staff and legal counsel to review statutory language and the potential qualifying conditions for incentives.

No formal action on the commercial incentive district or specific incentive language was recorded in the provided transcript; councilors indicated further legal review and study would follow.