HomeMy Public PortalAboutValley County Road & Bridge Pre Ordinance Taxing Entity Letter re PlanSeptember 12, 2019
Valley County Road & Bridge
PO Box 1350
Cascade, ID 83611
RE: Urban Renewal Plan for the Downtown West Urban Renewal Project
Dear Douglas Miller:
Enclosed is a copy of a formal notice that will be published in the Star-News on September 19 and October 3, 2019, advising that the McCall City Council will hold a public hearing in
Legion Hall, McCall City Hall, 216 East Park Street, McCall, Idaho, on October 24, 2019, at 5:30 p.m., to consider the Urban Renewal Plan for the Downtown West Urban Renewal Project
(the “Plan”) of the Urban Renewal Agency of the City of McCall a/k/a McCall Redevelopment Agency (the “Agency”). At that time, the City Council will consider the Ordinance adopting
the Plan.
This letter also serves as notice to you, in compliance with Idaho Code § 50-2906, that the Plan contains a revenue allocation provision and the Agency recommends approval of the Plan.
A copy of the Plan and Agency Resolution approving the Plan are also enclosed. As required by Idaho Code § 50 2905, the Plan includes the following with specificity: (1) a statement
describing the total assessed valuation of the base assessment roll of the revenue allocation area and the total assessed valuation of all taxable property within the municipality;
(2) a statement listing the kind, number, and location of all proposed public works or improvements within the revenue allocation area; (3) an economic feasibility study; (4) a detailed
list of estimated project costs; (5) a fiscal impact statement showing the impact of the revenue allocation area, both until and after the bonds are repaid, upon all taxing districts
levying taxes upon property in the revenue allocation area; (6) a description of the methods of financing all estimated project costs and the time when related costs or monetary obligations
are to be incurred; (7) a termination date for the plan and the revenue allocation area as provided for in Idaho Code § 50-2903(20); and (8) a description of the disposition or retention
of any assets of the agency upon the termination date. You are encouraged to provide your comments, either in writing or in-person at the public hearing.
In the event you would like to schedule a separate meeting to discuss the Plan, representatives of the City and/or the Agency will make themselves available to explain the Plan.
Sincerely,
____________________________________
Mayor Jackie Aymon
____________________________________
BessieJo Wagner, City Clerk