MRA To Bolster T-or-C Renovations

City of Truth or Consequences

While the Truth or Consequences City Commission’s September 9 regular session centered on a number of measures pertaining to development of the planned solar farm (see related story in this issue), board members also addressed a proposed Metropolitan Redevelopment Area (MRA) designation, which they were told could significantly improve funding options for renovation of the downtown’s historic business district.
At the outset of the session, commissioners convened a formal public hearing to obtain community input regarding the proposed MRA. After opening the hearing, T-or-C Assistant City Manager Bill Slettom provided commissioners with an overview of the MRA, first emphasizing this was a required component of the Downtown Master Plan currently under development and noting the measure was a long-standing approach for municipalities engaging in urban renewal…