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Estacada EDC discusses natural gas extension, broadband, wastewater and possible TIF area as urban renewal nears sunset
Summary
Commissioners discussed infrastructure priorities for the strategic plan, including a possible engineering study to extend natural gas, broadband and wastewater upgrades, and explored using a tax-increment financing (TIF) district as urban renewal approaches its sunset date.
The Estacada Economic Development Commission on Wednesday placed infrastructure — notably a potential natural gas extension, broadband, wastewater improvements and a possible tax-increment financing (TIF) area — onto its strategic-plan agenda as the city’s current urban renewal approaches sunset.
City staff said Northwest Natural has indicated that engineering work is needed to assess the feasibility and cost of extending gas service; staff estimated preliminary engineering costs in the discussion on the order of $100,000 to $200,000. Commissioners agreed infrastructure analysis belongs in the five-year economic plan, but several urged caution about proceeding before understanding state-level policy and incentives.
Why it matters: Infrastructure capacity…
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