Urban Renewal Commission - August 19, 2026

The Oregon City Urban Renewal Commission held a meeting on August 19, 2026, primarily to discuss the potential sale of two properties located at 313 South 2nd Street, known as Home Lake. The commission reviewed multiple offers from different buyers, including local and non-local entities, with purchase prices ranging from approximately $200,000 to $263,000 per property. Key considerations included inspection contingencies, buyer financing methods, and intentions for property renovation versus demolition. After discussion, the commission voted to accept an offer from TLC Renovations, a local buyer, with Property Max as the backup purchaser, ensuring both properties would ideally be sold together to facilitate redevelopment. The motion passed unanimously, reflecting a preference for local ownership and renovation plans that align with community interests.