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County briefs board on $4.3 million Industrial Revolving Fund and possible uses
5083899 · June 26, 2025
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Summary
Staff reviewed the county’s newly created Industrial Revolving Fund, its $4.3 million balance from property sales, and potential uses such as Westport Ferry Road and industrial site improvements; no formal requests have been received yet.
Clatsop County staff presented an overview of the Industrial Revolving Fund to the board and said the fund currently holds about $4.3 million derived from proceeds of sales and leases of industrial‑zoned county land. The fund, created by board action in February, is restricted to industrial development‑related purposes under state statutes…
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