Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun Plural form of
URA .
Etymologies
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Examples
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Hopefully it would be ≤ the current land tied up in URAs.
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You left off Abe Farkas, former PDC exec who is working as a consultant now for the City to evaluate whether or not the life of the URAs downtown should be extended.
Latest SoWhat casualty: affordable housing (Jack Bog's Blog) 2009
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State law limits URAs to 15% of the total land area within a city.
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Currently, Portland's URAs include about 14.25% of the city's total acreage.
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State law also limits URAs to 15% of the assessed value (taxable property value) of the City, but Portland will hit the acreage cap before it hits the AV cap.
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Gee, I moved out of Portland when I saw the writing on the wall for the city's budget with FPDR making first call on property taxes, and URAs running wild.
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This is the bill that the Business Journal referred to, HB3056, which sets limits on maximum debt in urban renewal areas, requires other jurisdictions to approve major expansions of existing URAs and allows revenue sharing with local jurisdictions after tax increment funding hits certain levels.
Portland "urban renewal" abuse hits new low (Jack Bog's Blog) 2009
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That, or the committee actually wised up and listened to the rational trade-off and problems associated with URAs that Ted Wheeler presented to the press a couple of weeks ago.
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Another growing concern is that URAs were increasingly diverting tax money away from public schools, county governments, etc.
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URAs and tax-increment financing were generally created to help blighted communities recover by allowing them to retain tax money generated in a specific area; that revenue was used to pay for public infrastructure and transportation upgrades.
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