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2020-362-Resolution No. 2020-065 Recorded 10/23/2020REVIEWED MIM LEGAL COUNSEL i Recorded in Deschutes County CJ2020-362 Nancy Blankenship, County Clerk Commissioners' Journal 10/23/2020 3:49:29 PM coG2 (I' I I II I II'�I II (II I II I I III II �II 2020-362 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution in Support of the Proposed South Redmond US 97 TIF Plan (Urban Renewal) RESOLUTION NO.2020-065 WHEREAS, ORS Chapter 457 generally allows municipalities to establish urban renewal agencies in order to access Tax Increment Financing (TIF) to service debt associated with identified urban renewal projects; and WHEREAS, to qualify for TIF, urban renewal projects must specifically address "blighted areas" as broadly defined in ORS 457.010; and WHEREAS, the list of proposed urban renewal projects appears to address blighted areas and positions the City of Redmond for continued strong economic growth; and WHEREAS, Deschutes County will benefit from investment in the large lot industrial area south of the Fair & Expo Center, including the southerly extension of 19' Street; and WHEREAS, the ongoing and future impacts of COVID-19 to the economy of Bend, Deschutes County and Central Oregon are continuing to emerge and may not be fully identified and understood for years; and WHEREAS, Deschutes County suggests that the City of Redmond, in consideration of the uncertainty associated with COVID-19 impacts on government budgets, consider an amendment to the proposed South Redmond US 97 TIF which provides that the subject TIF tax revenue will not be redirected from the countywide taxing district during FY 22; now therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, AND ALSO AS THE GOVERNING BODY FOR THE COUNTYWIDE LAW ENFORCEMENT DISTRICT, THE DESCHUTES COUNTY EXTENSION / 4-H DISTRICT, AND THE DESCHUTES COUNTY 911 SERVICE DISTRICT as follows: Section 1. Pursuant to applicable provisions of ORS Chapter 457, Deschutes County, the Countywide Law Enforcement District, the Deschutes County Extension / 4-H District, and the Deschutes County 911 Service District, in the interest of improving blighted areas and continued economic growth, each support the proposed South Redmond US 97 TIF. Section 2. Deschutes County encourages that the City of Redmond, in consideration of the uncertainty associated with COVID-19 impacts on government budgets, amend the proposed South Redmond US 97 TIF to provide that the subject TIF tax revenue will not be redirected from the countywide taxing district during FY 22. PAGE 1 OF 2 — RESOLUTION NO.2020-065 Section 3. This Resolution shall take effect immediately from and after its adoption. Dated this _7 of bAL-, 2020 ATTES Recording Se etary BOARD OF COUNTY COMMISSIONERS OF DESC1 UTES COUNTY, OREGON PAT I ADAIR, Chair ppp5 ANTHONY DeBONE, V' e Chair PHILIP G. HENDERSON, Commissioner PAGE 2 of 2 — RESOLUTION NO.2020-065 AGENDA REQUEST & STAFF REPORT For Board of Commissioners BOCC Wednesday Meeting of October 7, 2020 DATE: October 1, 2020 FROM: Tom Anderson, Administrative Services, 541-388-6565 TITLE OF AGENDA ITEM: Consideration of Board Signature of Resolution No 2020-065 in Support of the Proposed South Redmond US 97 TIF Plan (Urban Renewal)