The Steamboat Springs Urban Renewal Area (URA) was created in 2004, which authorized a tax-increment finance district encompassing the base area of the Steamboat Ski Resort (the Mountain Plan Area). The City Council, acting as the Steamboat Springs Redevelopment Authority (SSRA), appropriates tax increment revenues in the Mountain Plan Area in order to address the blighted conditions observed in the base area at the time the URA was formed.
To date, approximately $20 million has been invested based upon the recommendations of the Urban Redevelopment Authority Advisory Committee (URAAC). Meetings of the URAAC and the SSRA are open to the public. For more background information, click here and see below.
The Urban Redevelopment Authority Advisory Committee (URAAC) makes advisory recommendations to the Steamboat Springs Redevelopment Authority (SSRA) on matters related to the implementation of the Steamboat Springs Base Area Reinvestment Plan.