Wednesday, January 21, 2015

Move Afoot to Halt Idaho Urban Renewal Districts From Incurring Debt Without Local Government Approval

Posted By on Wed, Jan 21, 2015 at 10:32 AM

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The Nampa City Council took a major step toward putting its urban renewal agency on a shorter leash. 

This morning's Idaho Press-Tribune reports that Nampa councilors voted unanimously to restrict the city's URA from creating any new urban renewal districts or issue new bonding without the council's prior approval. 

Nampa councilman David Bills said, "Urban renewal can be a good took, and it can abused too."

Meanwhile, two bills have surfaced at the Idaho Legislature that would put similar restrictions on all URA's in the Gem State. The Twin Falls Times-News reports that the House Local Government Committee agreed to full hearings of the two measures, both sponsored by Meridian Republican Rep. Steve Harris.

To date, Idaho has more than 60 urban renewal districts.
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