Regional port rejects Chelan Countys 37.5 million offer

Chelan, WALocal News

A significant conflict has arisen between the Chelan-Douglas Regional Port Authority and the Chelan County Board of Commissioners regarding a proposed 3,326-acre Tax Increment Area in Malaga, which could generate $195. 7 million in tax revenues over 25 years. The county's counter-offer of $1. 5 million annually for 25 years aimed to persuade the port to abandon its TIA plan, but the port rejected this proposal. County Commissioner Kevin Overbay expressed concern over the port's suggestion to raise taxes, calling it irresponsible and contrary to community sentiment against the TIF proposal.

He emphasized the need to safeguard essential services rather than impose additional financial burdens on residents. The port argued that affected taxing districts could adjust their levy rates to recover lost revenue, a legal point backed by state guidance. However, county officials believe their alternatives are now exhausted after the port dismissed their offer. The proposed TIA would divert funds from critical services, including law enforcement and fire protection, raising significant concerns among local officials. As the situation unfolds, county leaders seek to protect their residents and essential services while the port pursues its economic development plans.

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