|Starkey-McCully Block and First National Bank|
(The tower and Gerlinger Block on the corner are long gone,
but you can still read Lamport in the sidewalk!)
Image circa 1887, Salem Library Historic Photos
- Venti's is expanding into the space next door, vacated by Bittersweet (this is probably old news, but attention here has been on the McGilchrist-Roth renovation)
- Last spring the Salem-Keizer Education Foundation purchased one of the very oldest buildings in Salem, the Starkey-McCulley block, which dates to 1867 & 68. Part of the renovation will include the Mike McClaren Center for Success, a college and career center.
eligible applicants [are required to] be property owners who pay property taxes. This was in support of the Riverfront-Downtown Urban Renewal Plan goals to fund projects that would contribute to increased property value and associated tax increment funds.So the SK Education Foundation, a non-profit, is asking for an exception.
This is interesting and seems like it's in a real grey area. The foundation proposes to pay on a one-time basis the property taxes for 2015, but it appears that in 2016 onwards the parcel would go off the tax rolls. So this would be a significant subsidy and would not generate a direct tax increment off the property, which is one of the goals of urban renewal.
On the other hand, it is an investment in an important old building in the historic district, a building that has languished for some time, and it looks like it would be a meaningful destination drawing kids and parents downtown, and so it will have an indirect benefit to downtown and the tax base.
There's not an obvious read to me on this, and maybe you will have a stronger opinion or see a better way to analyze it.
They'll also be getting an update on the North Downtown Housing Strategy and talk about the parking fund budget for 2015-16.
Meeting agenda and packet is here.
The Board meets Thursday the 22nd, from 12:00 pm – 1:30 pm in the Kalapuya Conference Room, 295 Church Street, Ste 201.
Watt Shipp was an important bike dealer a century ago, and he also had a store in the Starkey-McCully building.
|E.S. Lamport Saddlery|
next to Watt Shipp Sporting Goods
in the Starkey-McCully block, May 1913