DOCSLIB.ORG

How Is an Urban Renewal Plan Started?

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
How Is an Urban Renewal Plan Started? Why use Urban Renewal in Cornelius? How is an Urban Cornelius is in the process of completing a Renewal Plan Town Center Plan that will provide guidance Adopted? for developing Cornelius as a vibrant and Prior to being adopted by prosperous city, drawing people in from other the City Council, every areas of the city and neighboring communities. Urban Renewal Plan must The Town Center Plan will contain a list of go through the public projects that should be completed to enable review process which Cornelius to develop according to the vision of includes: its citizens. The funding from creating an urban renewal area will provide a financing Urban Renewal Agency meeting tool to help complete these projects and other Consult and confer with all overlapping needed projects in your community. taxing districts County briefing What is Urban Renewal? Planning Commission meeting Urban Renewal is one of the few tools for City Council hearing and vote encouraging local economic development. It has been used for decades in cities including Any action by the City Council must be by more than 100 urban renewal areas in Oregon. non-emergency ordinance and after a public Urban renewal plans provide cities with an hearing is held. Notice of the public hearing alternative revenue stream called tax increment must be sent to households in the city. Non- financing. This revenue stream may be used on emergency ordinances can be referred to voters projects and programs in specifically within 30 days of adoption. designated urban renewal areas. How does Tax Increment Financing How is an Urban Renewal Plan Started? Work? Cornelius convened a Technical Advisory While urban renewal itself does not increase Committee to discuss urban renewal boundary property tax rates, it does function on the options, potential projects, and financial increases in property tax revenues from year- information. Upon completing the advisory to-year. An individual property tax payer’s committee process, the recommendations will property taxes may increase for two reasons. be used to prepare an Urban Renewal Plan One, the assessor can increase property values which will establish an official urban renewal at a rate of 3% per year and does so in most boundary, goals and objectives for the area, cases, and, two, if the individual completed a and outline projects and programs which will substantial renovation or new construction on help improve conditions of the area. The plan their property resulting in increased assessed also sets the spending limit, or maximum valuation. When an urban renewal area is indebtedness, for the urban renewal area. The created the property tax revenue from that area Urban Renewal Plan is also accompanied by a is diverted into two revenue streams. The first technical report which contains the financial stream is called “the frozen base”. The frozen feasibility analysis and makes projections for base is the total assessed value of the urban when funding will become available to pursue renewal area from the year the urban renewal projects within the area. area was formed. The property taxes from the frozen base revenue stream continues to go to yearly tax increment financing revenues. The the regular taxing jurisdictions, such as the expenses for an urban renewal agency are its city, the county, and the school district. The yearly expenditures on projects, programs and second revenue stream is any increase over the administration. The spending limit for an urban frozen base which is called “the increment”. renewal agency is its maximum indebtedness. The increment represents the basis for tax Maximum indebtedness is the total amount of increment financing and is any increase money that can be spent in an urban renewal assessed valuation and the resulting property area on projects, programs and administration. tax revenues above the frozen base. The second revenue stream goes to the urban What types of Programs or Projects are renewal agency for use on projects, programs, Eligible under Urban Renewal? and administration throughout the life of the Urban renewal agencies can do certain projects district. or activities under an adopted Urban Renewal Plan. These activities generally include: How are Overlapping Taxing Districts Construction or improvement of public Impacted by Urban Renewal? facilities including streets, utilities, parks The overlapping taxing districts continue to and other public uses. receive property tax revenues on the frozen Acquisition and improvement of property. base assessed value of the area, but do not Participation with developers for property receive property tax revenues from any growth improvement. in the area. Schools are not directly impacted by urban renewal. They are funded on a per- How does Urban Renewal Impact student basis from the State School Fund as Property Tax Payers? determined by the Oregon Legislature. That The “division of taxes”, which represents the per-student funding amount is not directly vast majority of tax increment financing impacted due to urban renewal in your revenues, does not increase property tax rates. community. Regardless, every taxpayer in a city where an urban renewal district exists will see an Once an urban renewal area is terminated, indication of urban renewal as a line item on there will generally be an increase in property their property tax bill. This can be confusing, tax revenues to all taxing jurisdictions. This but just remember that when an urban renewal increase of property tax revenue is a result of area is created, it changes how the existing the ability to concentrate funding in a specific taxes paid on a property are divided out area, encouraging economic development in amongst the taxing districts. Your property tax the area. bill amount would remain exactly the same How does an Urban Renewal Area with or without urban renewal - the money Function? would just be distributed differently among the An urban renewal area is run by an urban taxing jurisdictions. This division of taxes renewal agency which at its most basic level allows for a portion of the property taxes to be has income, expenses, and a spending limit. paid to the urban renewal agency to complete The income for an urban renewal agency is its projects in your community. .
Load more

Recommended publications
  • Slum Clearance in Havana in an Age of Revolution, 1930-65
    SLEEPING ON THE ASHES: SLUM CLEARANCE IN HAVANA IN AN AGE OF REVOLUTION, 1930-65 by Jesse Lewis Horst Bachelor of Arts, St. Olaf College, 2006 Master of Arts, University of Pittsburgh, 2012 Submitted to the Graduate Faculty of The Kenneth P. Dietrich School of Arts and Sciences in partial fulfillment of the requirements for the degree of Doctor of Philosophy University of Pittsburgh 2016 UNIVERSITY OF PITTSBURGH DIETRICH SCHOOL OF ARTS & SCIENCES This dissertation was presented by Jesse Horst It was defended on July 28, 2016 and approved by Scott Morgenstern, Associate Professor, Department of Political Science Edward Muller, Professor, Department of History Lara Putnam, Professor and Chair, Department of History Co-Chair: George Reid Andrews, Distinguished Professor, Department of History Co-Chair: Alejandro de la Fuente, Robert Woods Bliss Professor of Latin American History and Economics, Department of History, Harvard University ii Copyright © by Jesse Horst 2016 iii SLEEPING ON THE ASHES: SLUM CLEARANCE IN HAVANA IN AN AGE OF REVOLUTION, 1930-65 Jesse Horst, M.A., PhD University of Pittsburgh, 2016 This dissertation examines the relationship between poor, informally housed communities and the state in Havana, Cuba, from 1930 to 1965, before and after the first socialist revolution in the Western Hemisphere. It challenges the notion of a “great divide” between Republic and Revolution by tracing contentious interactions between technocrats, politicians, and financial elites on one hand, and mobilized, mostly-Afro-descended tenants and shantytown residents on the other hand. The dynamics of housing inequality in Havana not only reflected existing socio- racial hierarchies but also produced and reconfigured them in ways that have not been systematically researched.
    [Show full text]
  • Urban Densification --A Sustainable Urban Policy?
    © 2002 WIT Press, Ashurst Lodge, Southampton, SO40 7AA, UK. All rights reserved. Web: www.witpress.com Email [email protected] Paper from: The Sustainable City II, CA Brebbia, JF Martin-Duque & LC Wadhwa (Editors). ISBN 1-85312-917-8 Urban densification --a sustainable urban policy? A. Skovbro Danish Centre for Forest, Landscape and Planning, Department of urban and regional planning, Denmark Abstract Planning policies in many European countries advocate for the Compact City or some sort of compaction process, as a strategy to obtain a more sustainable urban development, It contrasts the car-oriented urban sprawl of many modern cities, creating longer distances between urban functions, poor access to facilities and services, less efficient infrastructure provision, loss of open land, social segregation, etc. A Compact City policy in contrast should by regeneration and densification of the urban area crei~te the opposite, thus contributing to a more sustainable development in its broadest sense, social, economic and environmental, This paper explores the implications of urban densification, Based on a case study of a Copenhagen district, the paper will show the pros and cons of urban densification and the impacts on the urban environment, focussing on the local urban environment. The casestudy will be used to conclude whether densification and compact city policies can lead to a more sustainable urban environment. 1 Towards higher densities and sustainability in the 1990s Danish national government has supported a sort of densification policy since the mid 1990s. The turn in the 1990s Itowards higher densities in urban areas was happening due to several circumsti~nces.
    [Show full text]
  • Urbanistica N. 146 April-June 2011
    Urbanistica n. 146 April-June 2011 Distribution by www.planum.net Index and english translation of the articles Paolo Avarello The plan is dead, long live the plan edited by Gianfranco Gorelli Urban regeneration: fundamental strategy of the new structural Plan of Prato Paolo Maria Vannucchi The ‘factory town’: a problematic reality Michela Brachi, Pamela Bracciotti, Massimo Fabbri The project (pre)view Riccardo Pecorario The path from structure Plan to urban design edited by Carla Ferrari A structural plan for a ‘City of the wine’: the Ps of the Municipality of Bomporto Projects and implementation Raffaella Radoccia Co-planning Pto in the Val Pescara Mariangela Virno Temporal policies in the Abruzzo Region Stefano Stabilini, Roberto Zedda Chronographic analysis of the Urban systems. The case of Pescara edited by Simone Ombuen The geographical digital information in the planning ‘knowledge frameworks’ Simone Ombuen The european implementation of the Inspire directive and the Plan4all project Flavio Camerata, Simone Ombuen, Interoperability and spatial planners: a proposal for a land use Franco Vico ‘data model’ Flavio Camerata, Simone Ombuen What is a land use data model? Giuseppe De Marco Interoperability and metadata catalogues Stefano Magaudda Relationships among regional planning laws, ‘knowledge fra- meworks’ and Territorial information systems in Italy Gaia Caramellino Towards a national Plan. Shaping cuban planning during the fifties Profiles and practices Rosario Pavia Waterfrontstory Carlos Smaniotto Costa, Monica Bocci Brasilia, the city of the future is 50 years old. The urban design and the challenges of the Brazilian national capital Michele Talia To research of one impossible balance Antonella Radicchi On the sonic image of the city Marco Barbieri Urban grapes.
    [Show full text]
  • Urban Renewal Plan City of Manitou Springs, Colorado
    Manitou Springs East Corridor Urban Renewal Plan City of Manitou Springs, Colorado November 2006 Prepared for: Manitou Springs City Council G:\East Manitou Springs UR Plan1 revised .doc 1 Manitou Springs East Corridor Urban Renewal Plan City of Manitou Springs, Colorado November 2006 Table of Contents Page Section 1.0: Preface and Background 3 Section 2.0: Qualifying Conditions 7 Section 3.0: Relationship to Comprehensive Plan 9 Section 4.0: Land Use Plan and Plan Objectives 10 Section 5.0: Project Implementation 14 Section 6.0: Project Financing 17 Section 7.0: Changes & Minor Variations from Adopted Plan 20 Section 8.0: Severability 21 Attachments Pending Attachment 1: Manitou Springs East Corridor Conditions Survey Findings Attachment 2: El Paso County Financial Impact Report G:\East Manitou Springs UR Plan1 revised .doc 2 MANITOU SPRINGS EAST CORRIDOR URBAN RENEWAL PLAN City of Manitou Springs, Colorado November 2006 Prepared for: Manitou Springs City Council 1.0 Preface and Background 1.1 Preface This East Manitou Springs Urban Renewal Plan (the “Plan” or the “Urban Renewal Plan”) has been prepared for the Manitou Springs City Council. It will be carried out by the Manitou Springs Urban Renewal Authority, (the “Authority”) pursuant to the provisions of the Urban Renewal Law of the State of Colorado, Part 1 of Article 25 of Title 31, Colorado Revised Statutes, 1973, as amended (the “Act”). The administration of this project and the enforcement of this Plan, including the preparation and execution of any documents implementing it, shall be performed by the Authority. 1.2 Description of Urban Renewal Area According to the Act, the jurisdictional boundaries of the Authority are the same as the boundaries of the municipality.
    [Show full text]
  • An Urban Renewal Approach for Latin America
    RICE UNIVERSITY AN URBAN RENEWAL APPROACH FOR LATIN AMERICA by Luis Gomez A THESIS SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF Master in Architecture Thesis Director's signature: PAUL KENNON Houston, Texas June 1967 3 1272 00674 5283 ABSTRACT OF AN URBAN RENEWAL APPROACH FOR LATIN AMERICA By LUIS GOMEZ My thesis is a system of Urban Renewal by combining work, housing and community facilities in deteriorated central sectors of Latin American cities. The arguments which uphold this position are: - The immediate necessity of revitalizing deteriorated sections of cities which have grown without proper attention. - The urgency of construction on a large scale, especially dwellings, to cover the existing deficits of housing and demographic growth. - The need for realizing the work of urban renewal through the govern¬ ment in each of the different Latin American countries. - The necessity of increasing industrialization and the economic development in each of the Latin American countries. The change which should be realized In the traditional form of city planning in the concept of integration of the basic dwelling, work recreation and circulation of urban planning and the concept of integration rather than their separation. The application of the concept of "evolution” in architecture and urban planning, that is to say taking into consideration the process of the life cycle, growth, development, and renewal of the parts. CONTENTS Page No. CHAPTER I. THE PRESENT SITUATION IN LATIN I AMERICA: "Misery" and "Social Changes" Incomes Social tensions Food Housing Employment Health The political situation The historical background The present situation Aspirations CHAPTER II.
    [Show full text]
  • Gentrification in Oklahoma City: Examining Urban
    GENTRIFICATION IN OKLAHOMA CITY: EXAMINING URBAN REVITALIZATION IN MIDDLE AMERICA Clint C. Petty, B.A. Thesis Prepared for the Degree of MASTER OF SCIENCE UNIVERSITY OF NORTH TEXAS August 2011 APPROVED: Sean Tierney, Major Professor Murray Rice, Committee Member Donald Lyons, Committee Member Paul Hudak, Chair of the Department of Geography James D. Meernik, Acting Dean of the Toulouse Graduate School Petty, Clint C. Gentrification in Oklahoma City: Examining Urban Revitalization in Middle America. Master of Science (Applied Geography), August 2011, 63 pp., 7 tables, 20 illustrations, 58 titles. Gentrification applies not only to the largest and oldest cities; it is a multi-scalar phenomenon playing out in smaller and less prominent settings as well. This study examines temporal changes in property values, demographic characteristics, and types of businesses in the central Oklahoma City area. A major urban revitalization project which began in 1993 created strong gentrification characteristics near the renewal's epicenter, the Bricktown entertainment district. Data suggest that several specific neighborhoods in the surrounding area exhibited rising property values, improving educational attainment rates, decreasing household sizes, and a shift toward cosmopolitan retail activity. While it is evident that Bricktown has been transformed, the socio-economic traits of surrounding neighborhoods have been altered by the ripple effects of urban renewal. Copyright 2011 By Clint C. Petty ii ACKNOWLEDGEMENTS This research was greatly improved by contributions from multiple people. I would like to thank Dr. Sean Tierney (University of North Texas Geography) for his conceptual support and for helping me focus a broad idea into a coherent research plan. I would also like to thank Dr.
    [Show full text]
  • Urban Densification in Finland: Infill Development and Building Extensions with Timber Based Solutions
    Sustainable Development and Planning VII 319 Urban densification in Finland: infill development and building extensions with timber based solutions Y. Cronhjort1, A. Soikkeli2, T. Tulamo1 & J. Junnonen3 1Department of Architecture, Aalto University School of Arts, Design and Architecture, Finland 2Department of Architecture, Oulu University, Finland 3Department of Civil and Structural Engineering, Aalto University School of Engineering, Finland Abstract Urban densification is one of the pan-European environmental aims along with the 2020 targets for tackling climate change. In Finland, the striving is supported by both temporary regulations and concrete actions, including plans for infill development of town centers. The paper presents and discusses identified barriers and opportunities for the use of timber based solutions for building extensions and infill development in Finland. It is based on the analysis of 13 architectural and engineering master theses published during the past 5 years. The focus is on selected architectural and structural solutions. Environmental, social and economic impacts of the designs are also discussed. The geographical boundary is the Finnish context which is mirrored against European experiences. Keywords: KLIKK, TES Energy Façade, building retrofits, sustainability, urban renewal, wood. 1 Introduction The densification of our urban environments is an adopted pan-European target, the main driver being a sustainable development. In Finland, the aim is motivated by the needs of a continuing urbanization and to reduce the environmental impacts of low density urban structures. The revitalization of WIT Transactions on Ecology and The Environment, Vol 193, © 2015 WIT Press www.witpress.com, ISSN 1743-3541 (on-line) doi:10.2495/SDP150271 320 Sustainable Development and Planning VII suburbs and urban infill sites presents a potential for development but also a challenge.
    [Show full text]
  • Designing Cities, Planning for People
    Designing cities, planning for people The guide books of Otto-Iivari Meurman and Edmund Bacon Minna Chudoba Tampere University of Technology School of Architecture [email protected] Abstract Urban theorists and critics write with an individual knowledge of the good urban life. Recently, writing about such life has boldly called for smart cities or even happy cities, stressing the importance of social connections and nearness to nature, or social and environmental capital. Although modernist planning has often been blamed for many current urban problems, the social and the environmental dimensions were not completely absent from earlier 20th century approaches to urban planning. Links can be found between the urban utopia of today and the mid-20th century ideas about good urban life. Changes in the ideas of what constitutes good urban life are investigated in this paper through two texts by two different 20th century planners: Otto-Iivari Meurman and Edmund Bacon. Both were taught by the Finnish planner Eliel Saarinen, and according to their teacher’s example, also wrote about their planning ideas. Meurman’s guide book for planners was published in 1947, and was a major influence on Finnish post-war planning. In Meurman’s case, the book answered a pedagogical need, as planners were trained to meet the demands of the structural changes of society and the needs of rapidly growing Finnish cities. Bacon, in a different context, stressed the importance of an urban design attitude even when planning the movement systems of a modern metropolis. Bacon’s book from 1967 was meant for both designers and city dwellers, exploring the dynamic nature of modern urbanity.
    [Show full text]
  • Financing Strategies for Encouraging Infill and Redevelopment
    Denver Regional Council of Governments Financing Strategies for Encouraging Infill and Redevelopment April 2006 Abstract Title: Financing Strategies for Encouraging Infill and Redevelopment Author: Denver Regional Council of Governments (DRCOG) 4500 Cherry Creek Drive South, Suite 800 Denver, Colorado 80246-1531 303-455-1000 http://www.drcog.org Subject: Regional and local community planning and development Date: April 2006 Number of Pages: 29 Abstract: This report provides information for local governments on financing strategies that could support infill and redevelopment in their communities. It includes general principles of financing real estate development, explains common public-sector finance mechanisms, and includes several brief case studies of local and national examples. Financing Strategies for Encouraging Infill and Redevelopment April 2006 Table of Contents Page Introduction 3 Definition of Infill and Redevelopment 3 Infill and Redevelopment in Context 4 General Principles of Financing Real Estate Development 6 Elements of a Financial Package 6 Financial Participants 7 Loan Considerations 7 Special Considerations in Financing Infill Development 8 Public Sector Finance Mechanisms 9 Direct Investment 11 Public/Private Partnerships 11 Urban Renewal Authorities 11 Indirect Investment 12 Tax Credits or Abatements 12 Other Abatements 12 Special Taxing Districts 13 Other Actions to Reduce Project Costs 14 Financial Assistance 14 Tax Increment Financing 14 Loan Guarantees 15 No Risk Forms of Assistance 15 State or Federal Resources 15 Case Studies 16 Tax Increment Financing 17 Tax Abatements 20 City as Master Developer 25 Conclusion 27 Glossary 28 1 2 Financing Strategies for Encouraging Infill and Redevelopment Introduction In 2005 the Denver Regional Council of Governments (DRCOG) adopted the Metro Vision 2030 regional plan.
    [Show full text]
  • Urban Renewal 101 Attachment
    Urban Renewal and Tax Increment Financing Why Use Urban Renewal? What types of Programs or Projects are An urban renewal feasibility study was completed for the Eligible under Urban Renewal? Roads End/Villages area in 2019 which indicated that Urban renewal agencies can do specified projects or urban renewal would be able to help provide funding to activities under an adopted urban renewal plan. These assist in improving the infrastructure in this area. After generally include: review of the feasibility study, the Lincoln City City Council directed staff to prepare an urban renewal plan Construction or improvement of public facilities for consideration of the Lincoln City Urban Renewal including streets, sidewalks, utilities, parks Agency, Planning Commission and City Council. Streetscape improvements Storefront improvements Urban renewal is a program authorized under state law Participation with developers for property and implemented locally that allows for the concentrated improvement use of property tax revenues to upgrade certain Rehabilitation of existing buildings designated areas of a city or county. It is not a new tax or an increase in taxes. These urban renewal areas are called How does Tax Increment Financing Work? “blighted” by state statute and typically contain sections While urban renewal itself does not increase property tax of a city that are underdeveloped, have infrastructure rates, it does function on the increases in property tax needs and are not contributing fully to the local economy. revenues from year-to-year. An individual property tax- They can have property which should be developed or payer’s property taxes may increase for two reasons, one, redeveloped, or utilities and street and pedestrian the assessor can increase property values at a rate of 3% systems in poor repair or in need of upgrading.
    [Show full text]
  • The Urban Experience 354
    ConvCultCourseText.8.23.09 jp ART THROUGH TIME: A GLOBAL VIE Introduction Cities and the arts have had a symbiotic relationship in many countries through history. The social patterns of a city impact the evolution of an urban culture, and works of art produced and exhibited there reflect those influences.1 Cities are the centers of artistic life, with museums and galleries providing residents and visitors access to art. Places of worship, city parks, and the buildings themselves reflect each urban area's artistic ethos. In this way, the energy of city life feeds artistic inspiration, and the resulting artwork revitalizes city life. Structures for Worship The construction of structures designed for religious purposes has been central to the growth of numerous cities throughout history. The world’s first city was Uruk in Mesopotamia, approximately 155 miles south of present-day Baghdad, between the Tigris and Euphrates Rivers. By 3200 BCE, the population had reached 40,000. A fertile valley and successful agricultural practices made it possible for some residents to shift attention from farming to cultural activities. Monumental architecture embellished with mosaics of painted clay cones began to appear. The photograph in Figure 1(pg. 355) shows the remains of what was once the base for Uruk’s White Temple, dedicated to the god of the sky, Anu, the chief deity of the Sumerians. Temples like this were built on stepped platforms called ziggurats so they would be visible to all from the surrounding area. The White Temple ziggurat rose 40 feet above the ground, lifting the temple above the city’s fortification wall.2 Another temple—the Parthenon, seen in Figure 2 (pg.
    [Show full text]
  • Urban Regeneration Vs. Urban Sprawl – Problems and Prospects in the Post-Socialistic Cities
    Piotr Lorens, Urban regeneration vs. urban sprawl, 44 th ISOCARP Congress 2008 Urban regeneration vs. urban sprawl – problems and prospects in the post-socialistic cities 1. Introduction Contemporary processes of urban development in various part of the world depend on a number of reasons, among which one can name globalization, previous development history, general economic and social situation of the particular city etc. On this basis it is possible to define an array of various situations, among which the separate case can be associated with the post-socialistic cities. These urban areas are located in the countries that since the end of World War II (or – in some cases – since the end of World War I) were facing the development of the economic command and control system, frequently associated with non- democratic socialistic political regimes. After the collapse of these systems in the end of 1980-ties and political and economic transformation these countries started to develop in a way resembling the West-European and North-American patterns. But due to their history and heritage of previous economic and political systems patterns of their development differ from the highly developed countries, and one can even note the development of the specific type of the post-socialistic city. This paper deals with the major problems and challenges that these post-socialistic cities are facing – which are urban sprawl and urban regeneration. First of them seems to be the outcome of the aspirations of newly-born middle class of the post-socialistic countries, while at the same time it contributes to the de-urbanization processes of the weak urban structures of the cities themselves.
    [Show full text]