Stable funding La Grande Main Street priority
La Grande Main Street held a series of informational meetings at the end of August and mid-November regarding stable funding for the organization.
Stable funding is being sought to help downtown La Grande continue to become a more vibrant center for commerce and activities.
La Grande Main Street, like many Main Street communities in Oregon, follows the Main Street 4-Point Approach. It is with this approach, and stable funding, that Baker City, Corvallis, McMinnville, Mollala and Oregon City are able to make revitalization downtown a success. It has also worked for Walla Walla and Ellensburg in Washington.
Seventy-nine communities in Oregon are now using the Main Street approach to transform their downtown districts.
The information meetings that were held on Nov. 8 and 15 were an opportunity to discuss the proposed, tax-deductable property assessment with the property owners within the proposed district.
The preliminary proposed assessment was 0.3 percent of the Real Market Value (RMV) of each parcel, or $300 per $100,000 assessed, with the rate of each parcel assessed to have a maximum of $1,000 and a minimum of $50.
The informational meetings with the property and business owners provided a lot of discussion and conversation, and with that, the Main Street Board and Steering Committee have been meeting to discuss the next steps in the stable funding for La Grande Main Street.
Currently, the Main Street Board and Steering Committee are reevaluating the proposed budget and are looking into revising and restructuring the stable funding proposal. As a result, the public hearings that were scheduled with city council have been postponed, with the dates still to be determined.