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Defining the Urban Renewal Agency

Question: What is the relationship between the city of Coos Bay and the Urban Renewal Agency? It appears they are one and the same. When the URA purchases a piece of property the city staff appears to be the landlords.  If so, can the city staff spend city funds to repair the URA’s properties?  I’ve been told by a city official that the city does not want the ownership of the Egyptian Theatre property. Why? If these entities are separate, what justifies the city spending staff time managing the URA’s properties?

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