Hey Folks,
In the article below it gives an example of two candidates who support some type of Urban Renewal, but for different reasons. What bugs me is that no matter the reason Urban Renewal is used, the process of tax increment financing still erodes the base of the other overlapping taxing districts. Also, every project created with UR funding has to be maintained through another source, so in many cases, UR builds the boondoogle projects then another taxing district has to pay for it. Also, neither candidate mentions that there is no designated spending in the UR budgets, so once the agency is created, the money from that agency can be used for virtually anything by the next serving politician. Meaning, nobody controls the debt. Rob T.
Mary Nolan and Amanda Fritz address the future of urban renewal: Portland City Hall roundup
http://blog.oregonlive.com/portlandcityhall/2012/11/mary_nolan_and_amanda_fritz_ad.html#incart_river
The Oregonian's online Voter Guide includes detailed information about all the candidates for local, state and federal office.
It also includes a close look at the race for Portland City Council position No. 1, giving incumbent Amanda Fritz and opponent Mary Nolan a chance to weigh in on pressing topics at Portland City Hall this year.
In the article below it gives an example of two candidates who support some type of Urban Renewal, but for different reasons. What bugs me is that no matter the reason Urban Renewal is used, the process of tax increment financing still erodes the base of the other overlapping taxing districts. Also, every project created with UR funding has to be maintained through another source, so in many cases, UR builds the boondoogle projects then another taxing district has to pay for it. Also, neither candidate mentions that there is no designated spending in the UR budgets, so once the agency is created, the money from that agency can be used for virtually anything by the next serving politician. Meaning, nobody controls the debt. Rob T.
Mary Nolan and Amanda Fritz address the future of urban renewal: Portland City Hall roundup
http://blog.oregonlive.com/portlandcityhall/2012/11/mary_nolan_and_amanda_fritz_ad.html#incart_river
The Oregonian's online Voter Guide includes detailed information about all the candidates for local, state and federal office.
It also includes a close look at the race for Portland City Council position No. 1, giving incumbent Amanda Fritz and opponent Mary Nolan a chance to weigh in on pressing topics at Portland City Hall this year.
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