Upcoming Urban Renewal Plan Meetings

March 27 – Work Group Meeting #3

May 7 – Agency Meeting

June 11 – Planning Commission Meeting 7:00 p.m. HV City Hall

Happy Valley Planning Commission will review the proposed Happy Valley Urban Renewal Plan including its relationship to the Happy Valley Comprehensive Plan, and make a recommendation to the Happy Valley City Council.  Documents may be found on the City of Happy Valley website or by contacting: Michael D. Walter, AICP, Economic and Community Development Director at (503) 783-3839 or michaelw@happyvalleyor.gov.

July 16 – City Council Hearing 7:00 p.m. HV City Hall

Happy Valley City Council will hold a public hearing and consider an ordinance for the adoption of the proposed Happy Valley Urban Renewal Plan .

A copy of the ordinance, the proposed Happy Valley Urban Renewal Plan and accompanying report may be obtained by contacting: Travis Warneke, Finance Director at (503) 783-3827 or travisw@happyvalleyor.gov.

The proposed maximum indebtedness for the Happy Valley Urban Renewal Plan is $131,000,000. The ordinance, if approved, is subject to referendum.  The adoption of the Plan may impact property tax rates for general obligation bonds approved by voters prior to October 6, 2001. There is one bond and the estimated impact is $1.91 per $100,000 of assessed value for one year only.