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Bend advisory board hears plans for council economic-development goals, urban renewal site-specific program
Summary
City staff outlined possible council goals emphasizing economic development, previewed a site-specific tax-increment financing program opening Jan. 1, and said a target-sector analysis will be finalized in February to guide future incentives and infrastructure planning.
City staff presented ideas for possible council economic-development goals and summarized near-term initiatives including a site-specific tax-increment financing (TIF) program opening Jan. 1, target-sector and neighborhood market analyses, and planning work to inventory available employment land.
Cyrus (board facilitator in the meeting) and staff said the City Council and city manager’s office have expressed interest in adding an economic-development-focused goal during upcoming council goal-setting, and staff will discuss concepts at an advisory-body summit on Jan. 14 and council retreat in February.
Jonathan, representing the Urban Renewal Agency, said the site-specific program will open Jan. 1 and that…
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