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CITY OF CENTERVILLE <br />REQUEST FOR <br />COUNCIL ACTION <br />Agenda Item # Department: Requested Council Meeting Date: <br />February 26, 2026 <br />Administration <br />IV.1 <br />TITLE OF ISSUE: <br />Tax Abatement Request for Equinox Development, LLC <br />BACKGROUND AND SUPPLEMENTAL INFORMATION: <br />Equinox Development, LLC and Tammy Omdal, the city's financial advisor from Northland Securities, will <br />present information on a tax abatement for a proposed development at 7181 21st Avenue. <br />The analysis for the abatement, along with presentation slides will be available at the council meeting on <br />February 26. <br />COST AND SOURCE(S) OF FUNDING: <br />N/A <br />REQUESTED COUNCIL ACTION: <br />Information. <br />For Clerk’s Use: <br />SUPPORTED DOCUMENTS ATTACHED <br />Motion By: ____________________________________ <br /> Resolution Ordinance Contract Minutes Plan Map <br />Second By: ____________________________________ <br />Vote Record: Aye Nay <br />_____ <br />Other (specify) <br />__________ <br />___ <br />_______________________________________________________ <br />_____ <br />_____ <br />_________________________________________________________________________ <br />Administration Department Use: <br />Refer to: _________________________________ <br />Consent <br /> Tabled Until: ______________________________ <br /> Regular <br /> Other: ___________________________________ <br />45 <br /> <br />