The Redevelopment Commission took the first legal steps toward expanding downtown development, passing a declaratory resolution to create a new Allocation Area Number Three. This carve-out paves the way for "Project Phoenix," an ambitious multi-building redevelopment plan by AP Development. The commission officially amended its economic development agreement to add a seventh property to the project: the historic Kresge Building at 801 East Main Street, formerly home to Circle E Clothing. The building is slated for mixed-use development, featuring commercial space on the first floor and apartments above.

In financial news, the commission has over four-point-two million dollars currently available for new projects, which includes an anticipated three million dollars in tax increment revenue for 2026. Financial advisors Baker Tilly also presented the annual TIF report, confirming there are no excess funds to pass through to overlapping taxing units this year, and noting that the Johns Manville TIF bonds were officially paid off in full this past February