Salem city councilors on Monday, Aug. 24, will consider advancing plans to establish a new Urban Renewal Area north of downtown in hopes of spurring development and growth .  Property values are frozen in URAs when they are created, and any new taxes generated by rising property values are retur ned to the area to fund projects such as developments, rather than to the city’s general fund for police, fire and core services.  The proposed…Continue reading — subscribe to unlock the full article. ...read more read less