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Committee invites Urban Renewal consultant to advise on amendment or new district
Summary
After watching an educational briefing, the committee asked consultant Elaine Howard to review Yachats' Urban Renewal District and recommend whether to pursue a substantial amendment, an extension, or a new district and to suggest eligible projects.
Committee members said an informational video on Urban Renewal Districts clarified mechanics and options; Chair (S2) reported she contacted consultant Elaine Howard and that Howard agreed to review Yachats’ current URD and bring recommendations to the finance committee and city council. The consultant will evaluate whether the city should pursue a substantial amendment, a new district, or another approach and will identify projects that fit URD financing.
Committee members highlighted that URDs are not an additional tax but a financing tool and discussed the 3% collection threshold staff cited in the briefing as relevant to URD revenue build-up. The group discussed project types that could fit an URD — sidewalks, lighting, green-space improvements, and potentially middle-income housing — and asked the consultant to present recommended next steps in a joint session with council and the finance committee.
