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Sandpoint council told to identify projects now to spend urban renewal dollars before 2029 sunset
Summary
City staff warned the council that downtown and North District urban renewal funds will largely expire when the districts sunset in 2029 and urged identification of candidate projects by 2027 so engineering and spending can be completed.
City staff told the Sandpoint City Council at a Feb. 11 strategic‑planning kickoff that the city must move quickly to identify and commit projects that can use urban renewal funds before the downtown and North District districts sunset in 2029.
"It's a use it or lose it type situation," said Speaker 9, the staff presenter on urban renewal, describing a scenario in which unspent increment returns to other taxing districts. Staff estimated the North District could…
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