The Boardman City Council on Tuesday approved the ordinance to form the North Urban Renewal District on the north side of Boardman which will go into effect on Oct. 5.
The district consists of approximately 181 total acres,145.55 acres of land in tax lots and 35.55 acres of public rights-of-way. The primary purpose of the North Urban Renewal Plan is to address infrastructure deficiencies and provide economic development tools to promote future development.
The funding mechanism for urban renewal does not increase taxes to property owners, instead receives its revenue by how taxes are disbursed to other taxing districts. With the tax revenue the district would create, much of the funds would be spent on transportation needs such as improvements on N.E. Front Street, and an extension on N.E. Boardman Avenue to Olson Road.
The plan also included new roadways connecting N.E. Columbia Avenue to N.E. Boardman Avenue and connecting N.E. Second Street to N.E. Columbia Avenue.
