Tracking code caldwell guardian

Tuesday, December 2, 2008

Nampa Urban Renewal Bonding Decision Will Get Challenged

A recent court decision handed down in district court green lighting Nampa Urban Renewal to issue revenue bonds without a vote of the people is headed for appeal.

First step in the process will be a "motion for reconsideration". The motion for reconsideration will be filed in Third District Court no later than Thursday of this week.

If the motion for reconsideration is denied by Justice Trout it will clear the path for appeal to the Idaho Supreme Court.

The estimated time for the appeal process is 1-2 years to wind all of this through the legal process.

Urban renewal law allows cites to issue revenue bonds without a vote of the people and is in direct conflict with the Idaho State Constitution Article 8 sec 3. Most people do not understand where the money comes from to fund urban renewal. It comes directly from all county citizens property taxes by taxing districts handing over their tax increment to urban renewal.

Urban renewal districts are essentially "taxation without representation" when you clear away all the clutter surrounding the debate for or against.

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