March 7. 2023: Hillsboro City Council Meeting

1. Clip 1 · 3:53 Hillsboro Economic Development and Applicant Presentation Developer Representative In support transcribed from the official recording

   Tax Abatements Water Power & Grid Zoning

   Developer representatives and economic development officials pitch capital investment, jobs, tax agreements, and utility infrastructure before Hillsboro City Council.

   "explicit negotiating agreement that you are going to just work with us nobody else because of you're conected to us and I think we're happy to sign that let them speak that uh have a strong partnership and we just wanted to that uh city council approved an interim cost allocation agreement that talked about how we would work together and who would fund what um as we go through this"

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2. Clip 2 · 5:05 Hillsboro City Council Member Elected Official In support transcribed from the official recording

   Tax Abatements Water Power & Grid Zoning

   Hillsboro City Council members review zoning, tax abatement terms, water allocation, and grid capacity during the approval proceedings.

   "remodel there was utility conflicts there's a large water made parking blot that would need to be moved still would have some challenges with some sharance space especially with the hillsb stadium that we still would have to figure out how to work through um there was some construction sequencing with making sure that the the area was usable while we're having Seasons that we have to still play um and then at the time because we"

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3. Clip 3 · 12:51 Resident public comment Resident Public Comment transcribed from the official recording

   Public commenters and local stakeholders raise questions regarding municipal water draw, tax revenue exemptions, power transmission, and long term community impacts.

   "contemplated was a $10 million contribution from transient lodging tax and a $30 million loan from the city to the Hops um that would be paid back over time through an agreement with the Hops so that was what was originally envisioned in terms of the city's contribution to the project and the Hops were going to make up the rest I'm including payment on that $30 million loan so that was intended to be a 20 a"

   ▶ Play clip (12:51 to 13:20) Copy clip link Copy reporter citation YouTube at 12:51 ↗ (opens in a new tab)

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