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NOTICE OF PUBLIC HEARING

NOTICE OF PUBLIC HEARING
BEFORE THE CITY COUNCIL

FOOTHILLS URBAN RENEWAL PLAN

Hearing Date, Time, and Location:
Tuesday, December 18, 2012, 6:00 p.m.
City Council Chambers
380 A Avenue
Lake Oswego, OR  97034

File Number:     Ordinance 2601
Applicant:      City of Lake Oswego
Location of Property: The proposed Foothills Urban Renewal Area generally lies between State Street, the Willamette River, Tryon Creek and the Oswego Pointe Condominiums.  The area comprises approximately 58 acres.
Nature of Proposal:
The City Council is scheduled to meet on December 18 to continue a public hearing and vote on an ordinance to adopt the proposed Foothills Urban Renewal Plan.  If adopted, the Urban Renewal Plan would implement projects identified in the July 2012 Council-adopted Foothills District Framework Plan through the use of tax increment financing up to a maximum indebtedness of $43.2 million over a projected 22-year time period.  Upon commitment of private investment in the area, the Plan would begin funding needed public infrastructure (roadways, pathways, water, wastewater, and storm water).  The Plan also provides assistance in the development of affordable housing.

The Foothills Urban Renewal Plan would be implemented through the adoption of Ordinance 2601, which will be considered at the public hearing. The title of Ordinance 2601 is as follows:

Ordinance 2601
AN ORDINANCE OF THE LAKE OSWEGO CITY COUNCIL MAKING CERTAIN DETERMINATIONS AND FINDINGS RELATING TO AND APPROVING THE FOOTHILLS URBAN RENEWAL PLAN

Copies of the ordinance are available in the City Recorder’s Office.

Staff Contacts:
Inquiries regarding the proposal may be directed to:
Sidaro Sin, Development Project Manager
E-Mail:  ssin@ci.oswego.or.us
Phone:  (503) 697-7421
For information about the public hearing contact Catherine Schneider, City Recorder, (503) 675-3984.
How to Comment:
Submit electronic or written comments to:
Catherine Schneider, City Recorder
Phone:  (503) 675-3984; Fax:  (503) 697-6594
Third Floor, City Hall
380 A Avenue                    E-mail:  cschneider@ci.oswego.or.us
Post Office Box 369
Lake Oswego, Oregon 97034
You may attend the hearing and comment under the section for public testimony.  For more about the hearing procedures, contact staff.
Decision:
The City Council may make a decision following the hearing.
Time Limits on Testimony:
The purpose of time limits on testimony is to provide all interested persons with an adequate opportunity to present and respond to testimony while at the same time ensuring that the hearing can be conducted in an efficient and expeditious manner.  The following time limits on testimony shall be observed, but may be changed by the Council:
Testimony will be taken in the following order: in support of amendment, in opposition to amendment, neutral.
•    10 minutes for a representative of a recognized neighborhood association, homeowner association, or government agency, or other incorporated public interest organization;
•    5 minutes for other persons.
Publish 12/13/2012.                      LOR12883

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