HomeMy WebLinkAbout 15-49 Modifying Southern and Northern Urban Renewal PlansRESOLUTION NO,
A RESOLUTION MODIFYING THE URBAN RENEWAL PLAN FOR THE SOUTHERN
FIRESTONE URBAN RENEWAL AREA AND MODIFYING THE URBAN RENEWAL
PLAN FOR THE NORTHERN FIRESTONE URBAN RENEWAL AREA TO FURTHER
SPECIFY PROJECT ACTIVITIES IN SUCH AREAS
WHEREAS, the Firestone Urban Renewal Authority (the "Authority public body
corporate and politic, and has been duly created, organized, established and authorized by the Town
of Firestone, Colorado (the "Town") to transact business and exercise its powers as an urban renewal
authority, all under and pursuant to the Colorado Urban Renewal Law, constituting part 1 of article
25 of title 31, Colorado Revised Statutes, as amended (the "Law"); and
WHEREAS, the Town Board of Trustees adopted its Resolution 10-04 on January 28, 2010
approving the Urban Renewal Plan for the Southern Firestone Urban Renewal Area ("Southern
Plan"), which details the inclusion of the parcels described in the Southern Plan for the purposes
authorized in the Law, including utilizing tax increment financing ("TIF Financing"), as
contemplated by C.R.S. § 3 1 -25- 107(9)(a), for the purposes authorized by the Law; and
WHEREAS, the Town Board of Trustees adopted its Resolution 13-32 on June 12, 2013
approving the Urban Renewal Plan for the Northern Firestone Urban Renewal Area ("Northern
Plan"), which details the inclusion of the parcels described in the Northern Plan for the purposes
authorized in the Law, including utilizing TIF Financing for the purposes authorized by the Law; and
WHEREAS, there have been no major substantive modifications to the Southern Plan and
Northern Plan since their respective adoptions; and
WHEREAS, various prof ect activities have evolved and been further planned and identified
since the initial adoption of the Southern Plan and the Northern Plan, and it is appropriate to modify
the Southern Plan andNorthem Plan to further identify project activities anticipated to be undertaken
as they pertain to the objective of mitigating blight within the affected urban renewal areas; and
WHEREAS, the Authority has considered the modifications to the Southern Plan and the
Northern Plan as proposed herein, and has recommended the Southern Plan and Northern Plan be
modified to incorporate such changes; and
WHEREAS, pursuant to the provisions of Section 3 1-25- 107(7), C.R. S., the Town Board has
considered the proposed modifications set forth in this resolution, and finds and determines that such
modifications do not constitute modifications that will substantially change the urban renewal plans
in land area, land use, design, building requirements, tuning or procedure, as previously approved.
Accordingly, such modifications to the Southern Plan and Northern Plan may be approved and
incorporated into the Southern Plan and Northern Plan by adoption of this resolution by the Town
Board of Trustees;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE
TOWN OF FIRESTONE, COLORADO:
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Section 1. Section F of the Urban Renewal Plan for the Southern Firestone Urban Renewal
Area (the "Southern Plan"), is hereby amended by the addition of a new Subsection F.6 to read in
full as follows, with existing subsections renumbered accordingly:
6. Project List
The following list identifies projects that directly relate to the objective of mitigating blight
in the Plan.
• McClure Avenue extension;
• East Grant Avenue Improvements and Frontier Street extension,$
• McClure Avenue widening;
• Grant Avenue widening; and
• Any other specific undertaking or activity necessary that furthers the goal of
mitigating blight in the Plan.
Section 2. Section F of the Urban Renewal Plan for the Northern Firestone Urban Renewal
Area (the "Northern Plan"), is hereby amended by the addition of a new Subsection F.6 to read in
full as follows, with existing subsections renumbered accordingly:
6. Project List
The following list identifies projects that directly relate to the objective of mitigating blight
in the Northern Plan.
• Oligarchy Ditch Relocation;
• Godding Basin/Tri-Town Basin Outfall Channel;
• Rural Ditch Relocation;
• SH 119 16" Potable Waterline; and
• Any other specific undertaking or activity necessary that furthers the goal of
mitigating blight in the Northern Plan,
Section 3. All other provisions of the Southern Plan and the Northern Plan, as previously
adopted, shall remain in full force and effect.
PASSED AND ADOPTED this �;?7��I day of 2015s
ATTEST: ' �,e
Ca$issxlVledina, Town Clerk
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Paul Sorensen,