Create an Account - Increase your productivity, customize your experience, and engage in information you care about.
The Pocatello City Council is formally asking the Idaho Legislature to support urban renewal efforts in Pocatello and across Idaho.
At Thursday’s City Council meeting, council members voted 5 to 0 (Councilman Jim Johnston was absent) in favor of adopting a resolution that expresses the council’s backing of urban renewal. The resolution asks legislators statewide and the Urban Renewal Interim Committee to approve “tools and solutions that allow for successful administration and execution of urban renewal in Idaho.”
“Urban renewal has helped Pocatello attract and retain more than 20 businesses in Pocatello,” said Council President Craig Cooper. “According information from the Pocatello Development Authority, closed Tax Increment Financing (TIF) and Urban Renewal Areas (URA) in Pocatello have added $84 million to the tax base in Pocatello and an additional $84.5 million is being created by TIF districts and URA’s that are still open.”
A study by the Redevelopment Association of Idaho from 2012 says that statewide urban renewal has resulted in 11,000 jobs created and over $650 million in private investment across Idaho.
“What we are seeing is a few, localized issues in other parts of the state where urban renewal has been implemented being turned into statewide issues. We humbly ask that legislators not make it more difficult for the communities that are doing things right,” said Cooper.
In addition to the resolution, council members and Mayor Brian Blad will be signing a letter that will be sent to the Urban Renewal Interim Committee further detailing the benefits of urban renewal to cities like Pocatello.