Several city leaders gathered Monday to select the final three members of its new Shawnee Downtown Revitalization Project Amendment Review Committee.

Several city leaders gathered Monday to select the final three members of its new Shawnee Downtown Revitalization Project Amendment Review Committee.

Last month City Manager Justin Erickson requested Shawnee City Commissioners approve a resolution declaring its intent to consider an amendment to — and reinstatement — of the current Tax Increment Financing District (TIF) plan, as well as amending the existing TIF and considering whether to create an additional one.

The board unanimously agreed on the measure.

The committee is now in the process of becoming established.

As part of the committee's initial meeting Monday, Mayor Richard Finley, review committee chair, brought a list of seven individuals as a pool for potential at-large members to complete the group. Of those, the members in attendance unanimously chose its three at-large members: Casey Bell, of BancFirst; Tim Burg, of Shawnee Economic Development Foundation; and Chris Harden, of Project H.E.A.R.T.

Erickson said the review process should take about three months.

The review committee plans to meet again one or two times in October to evaluate the project plan and make recommendations and decisions concerning any changes to the current TIF District and a possible second TIF District, Erickson said.

Shawnee's downtown revitalization project plan is at a place where Erickson said it's a good time to revisit options; the current TIF agreement is nearing expiration, so the city is taking steps to look at how to move forward from here.

The current TIF District (which does not increase taxes) has generated approximately $700,000 for downtown streetscape improvement efforts since 2003.

In mid-July, commissioners approved an agreement with the Center for Economic Development Law (CEDL) to assist the city as it examines the TIF and assesses downtown revitalization efforts and tools. Attorney Jeff Sabin, of CEDL, has been designated as a guide to explain the board's role and to walk members through the evaluation process.

The review is expected to be completed by the end of the year and could include a new or modified financing district.

Watch for updates.