Tualatin Wants More Urban Renewal

Summary


Tualatin has had a Central Urban Renewal District since 1975. But its central city area is still suffering from a lack of pedestrian access, inadequate street conditions and the departure of businesses and shoppers to large shopping centers like Bridgeport Village. And by the end of the year, it will have reached its maximum indebtedness of $27.7 million for CURD funding.

Now the city of Tualatin is looking at increasing that funding by an additional $120 million over the next 25 years for 15 projects.

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Extract


Tualatin Wants More Urban Renewal

According to Tualatin's community development director, Doug Rux, under House Bill 3056, which passed recently, the city needs to have written approval from 75 percent of the taxing districts with...

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