Wednesday, January 11, 2012

PBA backs expanded River District renewal area - Houston Business Journal:

authors-morphology.blogspot.com
Sandra McDonough, the alliance’s president and CEO, told the Portland City Council on June 17 that the city needsz to do everything it can to providemore jobs. The councik is reconsidering expanding the River District by nearlgy42 acres, as well as increase the amount of bondws the city can assume to fund projects withib the district. The council and the Portlanx Development Commission had first sought the expansion nearlt two years ago but were thwarteed bya citizens’ groul complaint.
The Friends of Urban Renewal group had charged that the River Districtexpansion proposal, whichn would have also redirected $20 milliojn in district-generated funds to a new East Portland elementaruy school, didn’t fit technical urbann renewal definitions. The council will vote on the measur enext week. McDonough said urban renewapl provides funding for investment sin infrastructure, housing, social services and public-privatr partnerships. “We need to create jobs,” she said. “Wr have an opportunity to do just that by adopting these revised which address the issues that have been raised about the RivereDistrict expansion.
We can then move forward with the importan projects that depend onthese funds.” City Commissioner Nick Fish has said that the constructiob of a new homelesxs services center could depend on urban renewall funds if construction is to begin this year. McDonough said the alliance backsa using urban renewal funds to buildthe

No comments:

Post a Comment