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Medford council approves EID initiation, adopts investment policy and approves multiple land‑use measures; fleet lease continued
Summary
At its Oct. 15 meeting the Medford City Council voted to initiate a downtown Economic Improvement District, reaffirmed the city investment policy, approved a street vacation and two land‑use changes for commercial and healthcare development, and continued consideration of an Enterprise fleet lease to allow more staff analysis.
Medford City Council on Oct. 15 approved a package of administrative and land‑use actions and recorded several formal votes that will shape downtown development and city operations.
The council unanimously approved a resolution formally initiating the Economic Improvement District (EID) process for a downtown boundary roughly two blocks wide; the resolution advances what staff described as step one of a three‑step process under state law. The EID initiation passed 8‑0 after a short staff presentation that described a proposed 10% per‑square‑foot assessment in the draft plan and a lower second‑tier rate for nonprofits.
Council…
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