About:
The Talent Urban Renewal Agency (TURA) was formed in 1991 to support economic development and redevelopment projects in downtown Talent.
Urban renewal districts utilize tax increment financing. When an urban renewal district is established, the county assessor determines the current assessed value of all property in the district and freezes that tax base. Whatever local revenue a local jurisdiction received from the frozen base will remain the same until the urban renewal area is terminated. As tax values rise above the frozen base, revenues above the base are directed to the urban renewal district to fund projects*. TURA is winding down its operations and no longer receives property tax revenues (except for those owed from prior years).
The graphic on this page shows the Talent Urban Renewal Agency boundaries as of 2018.
Meetings: TURA meetings are held on the 3rd Wednesday of each month at 6:00PM, before City Council meetings. For additional information about TURA meetings, contact the City Recorder at cityrecorder [at] cityoftalent.org (cityrecorder[at]cityoftalent[dot]org).
Contact: To contact the Talent Urban Renewal Agency, reach out to Executive Director Alex Campbell at gmilliman [at] cityoftalent.org (acampbell[at]cityoftalent[dot]org).
*League of Oregon Cities June 2016