Browsing by Author "Thomas Financial Consulting"
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Item Open Access Salem : McGilchrist urban renewal plan and report(City of Salem (Or.), 2006-09) Thomas Financial Consulting; SERA Architects; Cascade Economic Planning; Salem (Or.); Tashman Johnson LLCThe purpose of the Plan is to use the tools provided by urban renewal (ORS Chapter 457) to overcome barriers to the development of the Area and create economic opportunities that will benefit local and regional residents. These tools include tax increment financing (see Section X), which means that the property taxes resulting from growth in property value within the Area can be used to finance improvement projects and programs, and the acquisition and sale of land for redevelopment as part of a public/private development partnership. [From the Plan]