Moffat County commissioners move Craig Urban Renewal Authority's Area 2 through penultimate step toward full approval craigdailypress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from craigdailypress.com Daily Mail and Mail on Sunday newspapers.
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Nearly 130 acres of Craig are on their way to a classification that will make them easier to redevelop and improve.
The Craig Urban Renewal Authority is close to finalizing the first of two areas, mostly in the city but also some on the south side, that will offer property owners within their boundaries the opportunity to apply for financial help with capital improvements on the property.
“Urban renewal authorities are formed to help alleviate blight within certain areas,” said Craig’s economic development manager Shannon Scott, who is heading up the project’s administrative development. “That doesn’t necessarily mean the buildings are dilapidated or in bad shape; it can also mean there’s a need for infrastructure improvement, things like that.”
Craig city councilors adopted a resolution Tuesday to establish the City of Craig Urban Renewal Authority.
The resolution was the next step in creating an Urban Renewal Authority in Craig. Establishing an area gives incentives to a developer to make improvements, build or fill an empty building and spruce up an obvious eyesore in the city, such as the mall. In fact, the mall is a big reason why Craig is interested in such a plan.
Currently, the city is in the presentation process with other tax amenities in the area, and once that is complete, they’ll move into the negotiations with the tax amenities and establish intergovernmental agreements formed as needed to fully implement the authority.