Citing a lack of time to review the information and the absence of two members, the Clark County Council again held off on moving forward with a public-private partnership that will eventually open up more than 2,200 acres north of Vancouver to development.
With Council Chair Eileen Quiring and Councilor Julie Olson absent, the council voted to delay taking action until 6 p.m. Aug. 20.
Since late last year, the county has been examining its options to fund road improvements before it can lift “urban holding” on the area near the Clark County Event Center at the Fairgrounds. Urban holding is a designation under state land-use law that blocks development from occurring until funding is in place for infrastructure upgrades to facilitate increased use.
Developers plan to build 1,155 single-family homes, 326 apartments and 99 townhouses in the area. A study commissioned by the county found the development would create thousands of jobs and housing units, along with tens of millions of dollars in ongoing tax revenue.
Before the county can lift urban holding, it needs to approve a $66.5 million funding package drawn from developer contributions, grants and county funds. The central question facing the county has been how much developers should pay and how much public funds should be used.