Friday, May 17, 2024
52.0°F

REVENUE ALLOCATION AREA PLAN

| October 26, 2005 9:00 PM

PUBLIC HEARING NOTICE

Notice is hereby given that the Sandpoint City Council will hold a public hearing on Wednesday November 16, 2005, at 5:30 p.m. in the council chambers at Sandpoint City Hall, 1123 Lake Street, Sandpoint, ID, to consider the following:

1. Urban Renewal Plan for a Revenue Allocation Area in northern Sandpoint - The objective of this plan is to fund public infrastructure improvements for the reconstruction of Great Northern Road/ Woodland Drive and other ancillary public improvements.

2. Urban Renewal Plan for a Revenue Allocation Area in downtown Sandpoint - The objective of this plan is to fund public infrastructure improvements for the reconstruction of pedestrian and vehicular facilities and other ancillary improvements in the City's downtown core.

The primary goal of both of these Plans is to encourage and sustain business development through a process known as "tax increment financing."

The public may review a copy of each of the Revenue Allocation Area Plans at the City Clerk's Office in City Hall, after October 26, 2005. Any person needing special accommodations to participate in the above noticed meetings should contact the City of Sandpoint seven days prior to the meeting at Sandpoint City Hall, 1123 Lake Street, Sandpoint, ID (263-3370).

Legal 7373

October 26, 2005