01/16/1990 - Minutes ECONOMIC DEVELOPMENT COMMITTEE MEETING MINUTES
Tuesday, January 16, 1990
MEMBERS PRESENT: Jim Corliss, Amo DeBernardis, Paul Etchemendy, Tony Orlandini
Brian Moore, Bill Monahan
OTHERS PRESENT: David Blake, Allison Fox, Valerie Johnson, Liz Newton,
John Acker
The meeting started at 7:30 a.m. and the minutes of the December meeting were
approved as written.
The first order of business was to conduct an election of committee officers
for 1990. Bill and Joy Crouch will be stepping down from committee membership
starting now. Tony volunteered to act as vice-chair, and Brian volunteered to
act as secretary. There was agreement on these two position. There was, however
no agreement on a chairman for the committee, so the election for this position
will be held next meeting.
The possibility of a museum of natural history locating in Tigard was
discussed, with the committee commenting favorably to the possibility.
David Blake of Trammell Crow presented their proposal for development and
redevelopment in the area around their existing development of Lincoln Center.
Mr. Blake is proposing the designation of the area basically bounded by Hwy
217 and Hall Blvd. as an Urban Renewal Area, so that tax increment financing
can be used to build the infrastructure needed to develop the area as a class-A
office complex that would be known as President's Parkway. Mr. Blake told the
committee that his company has talked with neighbors and the school district
and that they have received favorable response. The company now has options to
purchase most, if not all properties within the proposed urban renewal area.
The proposed urban renewal area is estimated to generate $45 million increment
in the first five years of its 12-13 year life.
The committee discussed pluses and minuses of the proposed plan with the most
important issues being feelings of the residents, moving the Metzger School,
and the effect this would have on the downtown area and the triangle. Mr. Blake
stated that they have 100% consensus of the homeowners in the area supporting
the proposal, they are working with the school district to resolve the school
issue, and that this area would not compete directly with either the triangle
or the downtown.
According to Mr. Blake, there is a very short window of opportunity for this
area to be successful which is dependent on a May election for Tigard voters to
decide upon the use of tax increment financing. This creates a tight time-line
to accomplish all that needs to be done, with the most important element being
the development of a critical mass of supporters for the proposal.