News Flash Home
The original item was published from 6/8/2023 8:20:49 AM to 6/13/2023 2:50:02 PM.

News Flash

City News

Posted on: June 14, 2023

[ARCHIVED] Notice for Public Briefing 1 Ridgefield Tax Increment Area

The City of Ridgefield will hold a public briefing on June 29, 2023 at 5:30 PM at Ridgefield Administrative and Civic Center, 510 Pioneer Street on the tax increment financing of the public improvements in the proposed Ridgefield Tax Increment Area. The proposed TIA is centered around the intersection of I-5 and SR 501/Pioneer Street. The boundary includes properties stretching as far north as North 20th Street, east as North 85th Ave, south as South 20th Way, and west as Royle Road. The boundary includes 939.1 acres. 

The following additional transportation projects have been included on the proposed TIA project list so that if future tax allocation revenues are sufficient, the City has the option to pay for these projects with tax allocation revenues from the increased property taxes from the assessed value of the proposed new private development in the Ridgefield Tax Increment Area. The proposed projects and amounts of Tax Increment Area financing allocated to the projects are primarily transportation infrastructure to allow for better traffic flow and for new development to occur in the TIA and building a regional stormwater facility. The transportation improvements are to widen Royle Road, Build North 5th Street, North 51st Avenue, North 56th Avenue, South 51st Avenue, widen Pioneer Street, build a new east/west street south of Pioneer, build a new north/south street east of I-5 and build the South 10/11`th Street I-5 overcrossing. 

The funding of a TIA is from the increased property taxes from the new development within the TIA and the impact is primarily on the other taxing districts. A detailed projection of impacts on other local governments is shown in the Draft Report on the City of Ridgefield. 

You may attend the meeting online via Zoom:

Click here to join the meeting
Telephone: +1 253 215 8782
Webinar ID: 862 1099 4912
Passcode: 953790

For more information, please visit the Tax Increment Area Project Page.

Additional Info...
Facebook Twitter Email

Other News in City News

All seven City Councilmembers and City Manager stand in from of the Washington State Legislative Bui

City Council Visits the State Capitol

Posted on: February 9, 2024

Bennett Hall Opening March 30

Posted on: January 26, 2024 | Last Modified on: February 6, 2024
A logo that reads Envision Ridgefield 2045 suspended in front of Pioneer Street in downtown.

Welcome to Envision Ridgefield 2045

Posted on: January 24, 2024

City Communication Survey

Posted on: January 9, 2024
Collage of images from Abrams Park.

Share Your Vision for Abrams Park

Posted on: January 2, 2024

2024 Adopted Budget

Posted on: December 14, 2023
A glass full of clean water sitting on a table.

Water Quality in City of Ridgefield

Posted on: July 20, 2023

State of the City 2023

Posted on: March 21, 2023