# Aurora Downtown Development Authority board meeting, Nov. 10, 2026

The Aurora Downtown Development Authority board meeting on November 10, 2026, approved its meeting minutes. Staff presented a financial overview for the newly formed DDA, including tax-increment financing projections, budget and accounting requirements, and potential intergovernmental agreements (IGAs). The city has allocated about $500,000 for capital projects such as park, plaza, sidewalk, right-of-way, and transit-safety improvements; staff estimated about $100,000 annually in in-kind staff support. Staff also discussed a potential $100,000–$110,000 Fletcher Plaza seed-fund pass-through and annual sales-tax increment payments of roughly $20,000, subject to future agreements and approvals. A prior consultant engagement with PUMA cost more than $300,000. The illustrative budget was explicitly not a proposed budget, and no new contract award or spending authorization was approved.

Staff said drafts of several IGAs and a work-plan-based budget would come to the board in future meetings. The DDA’s development plan was proceeding through city review, with City Council readings scheduled for November 23 and December 7; approval would start the tax-increment financing period. The board discussed community engagement, arts and small-business support, and concerns about representation and trust. Outside counsel advised that any boundary expansion should be considered later through the statutory property-owner petition process rather than changing boundaries while the current plan is under review. Public comment also raised concerns about the formation and governance of a separate community development corporation; staff clarified that the DDA does not govern that organization.

**Industries:** Construction & Infrastructure
**Topics:** Physical Infrastructure
**Published:** November 10, 2026