Post Falls urban renewal highlights in 2017
POST FALLS — Several Post Falls infrastructure improvements were made in 2017 as a result of Urban Renewal Agency initiatives.
"The outlook for the (agency) in 2018 is very promising as there is interest in forming new urban renewal districts," said Diane Fountain, urban renewal executive director. "The city has much to offer and continues to grow at a healthy pace."
Expo Parkway between Baugh Way and Beck Road was completed as well as an upgrade to the sewer lift station in the Center Point District that was a requirement by the city to enable future growth in that district.
Creative Way was recently completed in the Expo District and will be followed by extensions of Jacklin Road and Expo Parkway west to Beck Road.
Dirt work on Woodbridge South, a development of 186 homes has started and is expected to be fully built in 2020.
In the Tullamore District off Highway 41, Copper Basin Construction has completed Charleville Road to Prairie Avenue, Killdeer Lane from Charleville to Cecil Road as well as a portion of Cecil Road between Killdeer and Hope Avenue. The developer has plans to connect Hope and Killdeer to Highway 41 in 2018.
The PFURA continues to pay down debt on the Greensferry Overpass, which is projected to be paid off by the end of 2019 and could result in the closure of the south and central portions of that district.
Urban renewal districts created by the city and administered by the urban renewal agency have a base tax rate when the district is created. That base tax rate continues to be collected by the county and remitted to taxing entities over the life of the district.
As a district is improved, has new construction and increases in value due to improvements, the incremental tax created by those improvements in excess of the base tax is allocated to the URA to pay for the public improvements that have been made within the district.
By BRIAN WALKER
POST FALLS — The Post Falls Urban Renewal Agency has gone business hunting to provide another spark to the city center.
The URA is accepting bids through Jan. 12 for the lot at 310 N. Spokane St. that's six-tenths of an acre.
"The city would like to see some type of commercial development that would assist with our growing downtown," city administrator Shelly Enderud said. "Spokane Street is one of the busiest streets in Post Falls."
The site is west of Kootenai County's Department of Motor Vehicles and Vehicle Licensing offices on Railroad Avenue.
The URA named Enderud, city Public Services director Russ Connole, URA commissioners Jamé Davis and Rich Houser, dentist Erin Elliott, Artisan Portraits owner Kibbee Walton, and Mark Randolph of Roger’s Burgers as committee members to review the bids for the property.
"We are hoping to attract a quality development proposal with character and style that will create a strong visual statement in the City Center District and enhance the downtown area," said Diane Fountain, URA executive director. "It will be a catalyst to bring more business, jobs and tax revenue to the area."
The deadline to submit proposals is 4 p.m. Jan. 12. The request for proposal documents are at www.pfura.com. They can also be requested at email@example.com or by calling Fountain at 208-777-8151. More information is also at www.postfallsidaho.org.
The city's site is the result of a land swap earlier this year between the city and county.
The city bought a vacant 1.04-acre lot for $315,000 at 214 E. Railroad Ave. formerly owned by the Fraternal Order of Eagles next to Kootenai County's DMV building. The city then swapped the property for the county's lot along Spokane Street.
The county will convert its lot into parking for vehicle inspections.
The URA will close the City Center District in August 2018, making it the third district to close in Post Falls. Post Falls was the first URA in the state to close a district.
The taxable value in City Center has increased more than $40 million. Once closed, the increase in property values will be included in the taxing entities' budgets, which will likely reduce the levy rates for the taxpayer.