Potential New North Side Urban Rewewal District:
One of the recommendations that came out of the 2012 Economic Opportunity Analysis was to explore the possibility of forming a new urban renewal district that is focused on the Highway 101 and Highway 20 corridors and if it's feasible to put such a district in place. To that end, the Newport Planning Commission & their Citizens Advisory Committee evauated the concept and concluded that a process for conducting a feasibility study is appropriate and should produce information needed to determine if the City should proceed with the formation of a new district. The process was vetted with the City Council, and they concurred.
The Planning Commission suggested that the options for establishing boundaries for a new district address the following scenarios: (a) properties along Highways 101 & 20 corridors where the Economoic Opportunity Analysis showed the lowest improvement to land values exist; (b) an expanded district along these same highway corridors that factors in additional acreage & assessed value allowances attributed to potential annexation of reservoir properties & unincorporated lands in South Beach; and (c) a boundary that includes portions of Agate Beach where there is underdeveloped public infrastructure in addition to the highway corridors to the south.
The City has contracted with ECONorthwest to study the feasibility of forming a North Side Urban Renewal District. The following are options discussed at the Planning Commission work session on January 27, 2014. These will be evaluated by ECONorthwest.
South Beach Urban Renewal District:
Resolution No. 3646 - Approving a tenth amendment to the SBUR Plan and Report (9/4/13)
Minor Amendment Number Nine to SBUR Pland and Report (9/2012)
Resolution No. 2012-7 - Approving the 9th amendment to the SBUR Plan
Community Development Department - (541) 574-0629