The urban renewal agency for the City of Lake Oswego is known as LORA, the Lake Oswego Redevelopment Agency. LORA was organized in 1979 under provisions of the Oregon Revised Statutes, Chapter 457, to undertake urban renewal projects and activities. The City’s East End Redevelopment Plan was adopted by the City Council in 1986, and the Lake Grove Village Center Urban Renewal Plan was adopted in July, 2012.
The Finance Department prepares the following reports that cover the financial activities of LORA. Copies may be requested from the Finance Department, or downloaded via Adobe Acrobat below:
East End Urban Renewal - Audit Report
- FY 2015-16 Audit Report for LORA
- FY 2014-15 Audit Report for LORA
- FY 2013-14 Audit Report for LORA
Financial Impact Report
The last three fiscal years of the Financial Impact Reports for the Lake Oswego Redevelopment Agency are shown below. (Prior fiscal year's Financial Impact Reports are incorporated in the Annual Reports stated below.)
The Lake Oswego Redevelopment Agency (LORA) also publishes an Annual Report which outlines the Agency's accomplishments and financial condition for the fiscal year. The document also serves the purpose of reporting to the governing body and general public on the financial impact of carrying out the urban renewal plan on the tax collections for each of the overlapping governmental units within the agency's urban renewal districts, as required by the state. The reports are located on the Redevelopment Agency website.
For LORA Budget documents click here.
Information about current redevelopment projects is available on the Redevelopment page, as well as the following:
- Map of the urban renewal area
- The East End Redevelopment Plan