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Talent Urban Renewal Agency approves supplemental FY24–25 appropriation and adopts FY25–26 budget
Summary
The Talent Urban Renewal Agency voted unanimously June 18 to adopt a supplemental FY2024–25 budget (Resolution 25‑01‑R) and to adopt its FY2025–26 budget (Resolution 25‑02‑R). Both measures passed on roll call after staff explained the supplemental was needed to repay an OHCS loan tied to the Gateway site.
The Talent Urban Renewal Agency on June 18 approved a supplemental appropriation for fiscal year 2024–25 and adopted its fiscal year 2025–26 budget after receiving staff reports and brief deliberations.
Staff said the supplemental appropriation is needed chiefly to pay off an Oregon Housing and Community Services loan that supports using the Gateway site as interim housing, and to correct budget…
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