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House approves bill clarifying use of local improvement districts to build infrastructure ahead of annexation
Summary
Lawmakers passed Senate Bill 967 to confirm that cities and counties may form local improvement districts on unincorporated land within urban growth boundaries to finance infrastructure needed for future housing and economic development.
SALEM, Ore. — Lawmakers on the House floor voted to pass Senate Bill 967, a measure clarifying that local governments may form local improvement districts, or LIDs, to finance infrastructure on land inside urban growth boundaries before it is annexed.
Supporters said the bill removes legal uncertainty that has delayed infrastructure investments and housing development. Representative Emerson Levy, who carried the bill, described it as a practical…
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