Urban Renewal

City of Newport

The City of Newport is examining two urban renewal plans. One is located near U.S. Highway 20 and 101 near Agate Beach. The other is by the Port of Newport in the McClain Point area. Part of the plan includes providing resources to business owners and residences affected by any changes. Community Development Director Derrick Tokos says community feedback so far has been centered on the City's role in economic development.

Bend Refinancing Saves Tax Payer Dollars

Dec 20, 2013

Bend is taking advantage of lower interest rates to refinance a public works loan and save tax payers dollars. The $10 million loan was originally taken out for two different projects.

The Transportation Improvement and Urban Renewal projects were originally funded by a loan from Bank of the Cascades. With this refinancing, the city expects to save approximately $817,000 over the life of the loan.