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Power shifts in urban renewal

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High Five
Monday, March 01, 2010

Tualatin is hoping to extend its urban renewal district with another $120 million worth of improvements.

But a new bill now gives taxing districts - including local schools and other service providers - a deciding voice on urban-renewal funding.

"Clearly the smaller taxing districts have a much greater say than before ... and that's how it should be," said House Speaker Dave Hunt, D-Gladstone, who sponsored the bill. "Now we'll get to see a first-hand look at how the law will operate."

Urban renewal funding has been divisive, especially in Portland, where last year Multnomah County leaders fought a plan to use it to help pay for a sports stadium. Last summer, lawmakers unanimously passed a reform bill that does three things:

Read the full story at OregonLive.com.

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