d. Unspent AGENCY Tax Increment Funds. The Parties agree that, after the

City Council Meeting · 2026-05-12 · agenda_item

This item concerns the management of unspent AGENCY Tax Increment Funds for the City of Melbourne. The agreement outlines two options for these funds after the effective date: either deposit them into an escrow account to reduce future indebtedness, or return them to the Taxing Authorities annually. This matter is currently under review by the City Council. The potential use of these funds could involve financial planning and legal services related to debt reduction or fund distribution. Businesses specializing in financial advisory, legal services, and potentially accounting could find opportunities related to the management and allocation of these funds. Engaging early could provide insight into how these funds will be managed and potentially utilized.