Next Commissioner Meeting:
August 19, 2010
7:00 am
FY 2011 Budget Hearing August 19, 2010
|
Our Districts
Riverbend |
Expo |
City Center | West Seltice II
| East Post Falls |
Center Point
West Seltice
(closed)
There are currently six active districts in the Post Falls area:
Map of Post Falls Urban
Renewal Agency Districts (Adobe PDF 154K)
| District |
Year of
Creation |
Size (acres) |
Base assesed value
(Pre-urban renewal/TIF) |
"Increment value"(assessed value generated through urban
renewal) |
Projected
Termination
Date |
| Riverbend |
1995 |
231 |
$6,821,987 |
$46,266,702 |
2012 |
| Expo |
2001 |
200 |
$7,087,011 |
$22,010,229 |
2021 |
| City Center |
1994 |
330 |
$16,759,277 |
$44,136,328 |
2016 |
| West Seltice II |
2005 |
248 |
$1,612,482 |
$14,756,318 |
2015 |
| East Post Falls |
2002 |
469 |
$66,362,130 |
$141,720,783 |
2015 |
| Center Point |
2002 |
335 |
$1,463,001 |
$57,506,136 |
2017 |
| West Seltice |
1992 |
665 |
closed |
n/a |
2001 |
The East Post Falls and the Center Point Renewal Districts currently each
have three sub-districts that have formed to accommodate either different
proponents or different objectives.
The City of Post Falls is the Proponent for the City Center District, and
two of the three sub-districts in the East Post Falls District. The
Post Falls Urban Renewal Agency has closed one District, West Seltice.
Brief Summary of Each District
- The West Seltice District, now closed, was established in 1992 on 665
acres of formerly agricultural land. The Urban Renewal Agency worked
with the proponent to finance public improvement projects including street
reconstruction, additional traffic signals & fire hydrants, sewer and water
line extensions, storm water treatment, landscaping, street lighting and
bike paths in this District. The Agency's infrastructure investment
helped the City attract Harpers (now Flex-cel) manufacturing plant's 400
jobs, and increased the assessed value of the District by more than $55
million. The Agency closed out the West Seltice District in
2001.
MORE ABOUT THE WEST SELTICE DISTRICT...
- The City Center District
was established in 1994 as the "Fourth Street District". The City of
Post Falls is the proponent of the District. In 2002, the original
District was expanded, at the request of the City of Post Falls, to 330
acres and renamed the City Center District. The Agency worked with the
city to improve and repave some streets early on, and recently has gathered
citizen input on desired changes to the city "center" area. Projects
under consideration include reconstructed streets, bike and pedestrian
paths; improved parking, landscaping and streetscapes; and unique signage
and street furniture in a mixed-use District. This District's activity
will increase markedly in coming years. The District will terminate in
2018.
MORE ABOUT THE CITY CENTER DISTRICT...
- The Riverbend District was
established in 1995, and its 231 acres have been steadily transitioning to
educational, retail and commercial uses. Infrastructure improvements
have supported the development of North Idaho College's Workforce Training
Center and the University of Idaho's Research Park, which draws research and
technology companies. In 2005, Buck Knives relocated its manufacturing
plant from California, bringing 150 jobs immediately, with a total of 240
jobs planned. The Riverbend District will terminate in 2010. To
date, the assessed value of the District has increased more than $12
million.
MORE ABOUT THE RIVERBEND DISTRICT...
- The Center Point District
was established in 2002; its original 287 acres were expanded by 48 acres in
2005 to add the Stateline business park. The open land in this
District is quickly being developed as retail, manufacturing and light
industrial uses. Sysco Foods opened a regional distribution center in
2005, bringing 170 jobs to Post Falls. 84 Lumber recently opened 7
buildings in the District, and will, at full production, employ 75 people.
This District's assessed value has increased by $15 million. The
District plan will terminate in 2022.
MORE ABOUT THE CENTER POINT DISTRICT...
- The Expo District was
established in 2001, and is another competitively disadvantaged border area,
whose 200 acres remain mostly open land. Proponents of the Expo
District have plans for small industrial, manufacturing and commercial
development. The Expo District plan will terminate in 2021.
MORE ABOUT THE EXPO DISTRICT...
- The East Post Falls
District was established in 2002, with 469 gross acres. The City of
Post Falls is the proponent. Goals for this District's infrastructure
improvements are primarily traffic-related. Modifications have been
made to the Highway 41/Interstate 90 area already. Many more
improvement projects are identified, however, as this District is a regional
traffic hub. The East Post Falls District plan will terminate in 2015.
At the request of the City of Post Falls, the District boundaries have been
expanded north along Highway 41 to encompass 972 total acres.
MORE ABOUT THE EAST POST FALLS DISTRICT...
- The West Seltice II
District was opened in 2005, to develop public infrastructure to
support mixed use housing, commercial and light industrial development
on 248 acres adjacent to the Flex-cel manufacturing facility. A
mixed-use "urban village" is under consideration, where residents can
live, work, play and shop within the same area. The District is
scheduled to expire in 2020.
MORE ABOUT THE WEST SELTICE II DISTRICT...
Private Sector Employers - Number of Employees attracted to all
Districts
To date, in its six active and one closed Renewal Districts, the Urban
Renewal Agency has created a total of 2,900 new jobs in the City of Post
Falls. These jobs are allocated among the following categories:
| Job Type |
Number of Jobs |
| Manufacturing |
1,149 |
| Medical |
223 |
| Service |
1,404 |
| Financial |
29 |
| Research/Education |
95 |
| TOTAL |
2,900 |
The Post Falls Urban Renewal Agency has worked closely with the Mayor and
City Council to expand public utilities, construct a new water reservoir
serving the western portion of the City, construct new sewer facilities,
improve roadways, address traffic problems, create new parks and secure
sites for the construction of new school buildings.
"Increment value" of property within each tax increment financing area
(assessed value generated through urban renewal)
| District |
Increment Value |
| Riverbend |
$23,820,124 |
| Expo |
$9,164,182 |
| City Center |
$26,104,653 |
| West Seltice II |
$7,518,776 |
| East Post Falls |
$64,922,410 |
| Center Point |
$21,070,230 |
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