Port officials to discuss funding for waterfront
Monday, May 12, 2008
The ColumbianThe city of Vancouver’s attempt to get state funding to help finance redevelopment of the waterfront will be discussed at 9:30 a.m. Tuesday during the Port of Vancouver’s monthly meeting.
The city is seeking $12.5 million over 25 years to finance road and rail improvements to the former Boise Cascade site. The money would come through a form of tax increment financing, where tax revenues generated by the project are used to slowly pay off road and rail debt.
City officials will explain to port commissioners the financing program and its application for the money. | 
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