As part of the letter finance agreement the city has with the tax increment reinvestment zone, the city will provide the advanced funding for projects in the TIRZ. Once funds become available, the TIRZ will pay the city back. The TIRZ will be terminated in 2029, so funds will be paid back to the city by then at the latest, according to the agenda document.
The sidewalk extensions project will improve sidewalk connectivity and create bike paths in Shadow Creek Ranch by constructing 20,500 linear feet of 6-foot sidewalks, according to a city document from February. Two sidewalks constructed will create safer routes to Glenn York Elementary School and Laura Ingalls Wilder Elementary School. The project includes trail connections as well.