The Urban Renewal Agency (URA) Board meeting held on December 3, 2024, in Coos Bay, Oregon, focused on key organizational changes and the presentation of the agency's financial audit. The meeting commenced with the election of new leadership, a procedural requirement following the recent general biennium election.

Stephanie Kilmer was unanimously elected as the chair of the URA, with nominations and voting conducted by ballot. Following her election, Troy Cribbins was appointed as vice chair, and Sarah Stevens was elected as secretary, both receiving unanimous support from the board members. These leadership changes are significant as they set the tone for the agency's direction and governance in the coming term.

The meeting also included a presentation of the audit for the fiscal year 2023-2024, conducted by Tara Camp from Polly Rogers and Company. Camp reported that the audit yielded excellent results, with an unmodified opinion indicating that the financial statements were fairly stated. Furthermore, the agency complied with Oregon municipal audit law minimum standards, with no exceptions or issues noted. This positive audit outcome reflects the agency's sound financial management and operational integrity, which is crucial for maintaining public trust and ensuring effective use of resources.

The meeting concluded with a motion to accept the audit results, which was met with no objections, further solidifying the agency's commitment to transparency and accountability. The discussions and decisions made during this meeting are expected to have lasting implications for the agency's operations and its role in the community, particularly in fostering urban renewal and development initiatives in Coos Bay.