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Altoona council approves expansion of Urban Renewal Area to cover parcels near Adventureland Drive
Summary
The Altoona City Council unanimously approved a resolution expanding the Altoona Urban Renewal Area to include property bounded by SW/NW 17th Avenue, 1st Avenue, Adventureland Drive and SW 8th Street; officials said the change will not alter property taxes but will allow capital projects to be funded with urban renewal bond proceeds.
The Altoona City Council on March 17 approved a resolution to expand the Altoona Urban Renewal Area, a move officials said will let capital projects in the newly added area proceed and be paid with urban renewal bond proceeds.
Finance Director Andy Lent described the added area as…
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