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Core Area Advisory Board re-elects chair and reviews TIF plan, $8.9M near-term deployment
Summary
Bend’s Core Area Advisory Board re-elected its chair and vice chair and received a detailed briefing on tax increment financing and an urban-renewal investment strategy that targets 1,000 multifamily units and 500 jobs across three districts.
Core Area Advisory Board members confirmed their leadership for 2026 and spent the meeting’s principal hearing on tax increment financing and an urban-renewal investment strategy aimed at spurring redevelopment in Bend’s core.
At the start of the meeting, Cathy Austin nominated the incumbent and longtime meeting facilitator for another term; John Hillen seconded the motion and members approved it by voice vote. The board then confirmed Dale Van Valkenburg as vice chair. Later in the agenda the board voted unanimously to approve the Nov. 19 meeting minutes.
Staff gave a primer on tax increment financing (TIF), describing it as “using a financial mechanism that uses…
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