Urban Renewal Board - 18 May 2026

The City of Sandy Oregon's Urban Renewal Board held a meeting on May 18, 2026, during which they approved the consent agenda including resolutions related to urban renewal tax increment and a minor plan amendment for a newly acquired parking lot. A key procurement-related discussion involved authorizing grants to WRG3 Creek Sandy LLC: a $25,000 concept and feasibility grant and a $100,000 capital improvement grant. These grants support a significant private investment of approximately $700,000 to $800,000 in property improvements, including a new restaurant and brewery, expected to increase the tax assessed value. The board unanimously approved the motion to award these grants and authorized the executive director and city manager to proceed with the agreements. Additionally, there was mention of related traffic speed limit changes to accommodate the project, though not part of the approval. No other procurement or contracting actions were noted.