However, ARA’s borrowing could be affected under the measure if the agency and the city chose to back the tax increment financing revenue stream with the full faith and credit of the city to achieve the lowest borrowing cost. If the city’s ability to borrow is limited, then the city’s full faith and credit could be restricted as well.
According to the Comprehensive Annual Financial report, CARA debt totaled $5,548,200 as of June 30, 2012.
Measures Would keep voters Involved and help control "Economic Fascism"
Update: Lake Oswego council could repeal Foothills urban renewal district:
Possible Nike site could be added to Enterprise Zone next week
Urban Renewal gone bad---read the stories
Coos Bay---New Information added to the Visitor's Center page...
Coos Bay---What's a measly $120,000 to $180,000 over 6 years, eh?
Coos Bay---Just a "Slight" Conflict of Interest Here. Or did ANYONE notice?
Coos Bay---Padding City of Coos Bay Salaries With Urban Renewal Tax Dollars
See the Cash Cow of Coos Bay----Hear it eat your money---The Coos Bay URA
Coos Bay Urban Renewal Minutes from 1/2/2000 to 5/15/2012 as shown
Must See Documentary---"Battle for Brooklyn"
Vote NO Bandon Pool!