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Caldwell Council Unanimously Adopts Central Urban Renewal Plan to Fund North‑End Safety and Infrastructure
Summary
After extensive presentations and public testimony, the City Council voted unanimously to adopt the Caldwell Central Urban Renewal Plan to direct tax‑increment financing toward sidewalks, lighting, park and roadway improvements in the North End and central neighborhoods.
Caldwell — The City Council voted unanimously Dec. 16 to adopt the Caldwell Central Urban Renewal Project Area Plan, a 20‑year proposal to marshal tax‑increment financing for prioritized public infrastructure and safety projects in central and north Caldwell.
The plan, introduced at a public hearing, was presented by Douglas Waterman of the Caldwell Urban Renewal Agency and supported by staff and consultants from ArchNexus and Zions Bank. Economic development director Steve Jenkins reviewed a multi‑year public engagement process and past resolutions identifying the area’s need for intervention. Consultant Michael Keith (Zions) presented financial scenarios that estimated roughly $21 million (3% growth) to $31 million (5% growth) in tax‑increment revenue over the life of the plan, while…
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