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HomeMy WebLinkAbout10840RESOLUTION NO. 10840 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PUEBLO. COLORADO, MAKING LEGISLATIVE FINDINGS THAT AN AREA OF THE CITY OF PUEBLO IS A BLIGHTED AREA AND APPROPRIATE FOR THE SOUTH SANTA FE URBAN RENEWAL PROJECT WHEREAS, M. Torgerson Architects, P.C. (the Consultants) have been retained by the Urban Renewal Authority of Pueblo, Colorado (the Authority) to conduct studies and surveys of the area (Area) described in Exhibit A, attached to and incorporated herein, to determine if the Area contains factors included in the definition of "blighted area" in the Colorado Urban Renewal Law Sections 31 -25 -101, et seq., C.R.S., (the Act); and WHEREAS, the Consultants prepared, submitted and presented to the City Council a document entitled South Downtown Pueblo Conditions Survey (the Survey) dated July, 2006, which Survey is incorporated herein by this reference, and which describes in detail the conditions in the Area that are summarized in Section 1, below; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PUEBLO, COLORADO, AS FOLLOWS: SECTION 1 Based on a review of the Survey and in accordance with the Act, the City Council finds and determines that the Area is a "blighted area" as defined in Section 31 -25- 103(2), C.R.S, and by reason of the presence of the following factors the Area substantially impairs or arrests the sound growth of the City, retards the provision of housing accommodations, constitutes an economic and social liability, and is a menace to the public health, safety, morals or welfare in its present condition and use. The City Council finds and determines that the following factors exist in the Area: a. Slum, deteriorated, or deteriorating structures; b. predominance of defective or inadequate street layout; C. faulty lot layout in relation to size, adequacy, accessibility, or usefulness; d. unsanitary or unsafe conditions; e. deterioration of site or other improvements; f. inadequate public improvements or utilities; g. the existence of conditions that endanger life or property by fire and other causes; h. buildings that are unsafe or unhealthy for persons to live or work in because of building code violations, dilapidation, deterioration, defective design, physical construction, or faulty or inadequate facilities; environmental contamination of buildings or property; and, the existence of health, safety, or welfare factors requiring high levels of municipal services or substantial physical underutilization or vacancy of sites, buildings, or other improvements. SECTION 2 The City Council further finds and determines the Area is appropriate for an urban renewal project pursuant to the Colorado Urban Renewal Law. SECTION 3 This resolution is effective upon its approval by the City Council. BY Randy Thurston Councilperson APPROVED: President of City Council ATTESTED BY: CITY CLERK INTRODUCED November 13, 2006 u Background Paper for Proposed RESOLUTION �0 tF / 084 AGENDA ITEM # 5 DATE: NOVEMBER 13, 2006 DEPARTMENT: COMMUNITY DEVELOPMENT / JIM MUNCH URBAN RENEWAL AUTHORITY OF PUEBLO / MIKE TEDESCO TITLE A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PUEBLO, COLORADO, MAKING LEGISLATIVE FINDINGS THAT AN AREA OF THE CITY OF PUEBLO IS A BLIGHTED AREA AND APPROPRIATE FOR THE SOUTH SANTA FE URBAN RENEWAL PROJECT ISSUE Should City Council determine the proposed South Santa Fe Urban Renewal Project as a blighted area as defined in Section 31 -25- 103(2). RECOMMENDATION Approve the resolution. BACKGROUND The Urban Renewal Plan for the South Santa Fe Urban Renewal Project (the Plan) prepared and submitted in draft form, which contains therein the South Downtown Pueblo Conditions Survey, reflects conditions of blight as required by the Urban Renewal Law of the State of Colorado (C.R.S. 31 -25 -103 (2)). Additionally, the Plan's primary objective is to eliminate blight by stimulating private investment and reinvestment within the proposed district boundaries. Specifically, the primary intent of the Plan is to fund the rehabilitation of the Alpha Beta Warehouse, as well as other public improvements the Urban Renewal Authority of Pueblo may deem appropriate. FINANCIAL IMPACT Twenty -five year property tax TIF projections indicate revenue generating potential of approximately $48,000,000.