Port of Hood River Executive Director Kevin Greenwood talked to the Hood River Urban Renewal Agency Board about the Port’s proposal to let the current Waterfront Urban Renewal District expire and have a smaller nine-acre district for Lot 1 along the Nichols Boat Basin.  The acreage reduction would make it easier for the City to develop a Westside Urban Renewal District, while providing the Port the opportunity to generate tax increment financing for infrastructure and public amenities on Lot 1.  But City Councilors on the URA board had plenty of questions, most notably whether there is a market for Lot 1 development, given the length of time it has gone undeveloped.  The subject will continue to be discussed at the URA meeting on February 27.