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Home My WebLink About11072RESOLUTION NO. 11072 A RESOLUTION MAKING LEGISLATIVE FINDINGS THAT AN AREA OF THE CITY OF PUEBLO IS A BLIGHTED AREA AND APPROPRIATE FOR AN 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 "Lake Minnequa Area Conditions Survey" (the "Survey ") dated April 24, 2007, 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. BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1 Based on a review of the Survey and conditions described in other studies made by the City, 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; i. Environmental contamination of buildings or property; j. 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. INTRODUCED August 13, 2007 APPROVED: ATTESTED BY: CITY CLERK Randy Thurston Councilperson • G �a1v�/ F#kESIDEINTof City Council QL";" 11 0 g- D CD Background Paper for Proposed RESOLUTION AGENDA ITEM # �- DATE: AUGUST 13, 2007 DEPARTMENT: MICHAEL TEDESCO, ASSISTANT CITY MANAGER FOR URBAN RENEWAL TITLE A RESOLUTION MAKING LEGISLATIVE FINDINGS THAT AN AREA OF THE CITY OF PUEBLO IS A BLIGHTED AREA AND APPROPRIATE FOR AN URBAN RENEWAL PROJECT ISSUE Should City Council determine the proposed Lake Minnequa Urban Renewal Project as a blighted area as defined in Section 31 -25- 103(2)? RECOMMENDATION Approve the Resolution. The Lake Minnequa Urban Renewal Plan (the Plan) prepared and submitted in draft form by the Urban Renewal Authority of Pueblo, 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 project area boundaries. Specifically, the primary intent of the Plan is to fund the redevelopment of "The Old Lake Avenue Drive -In ", a vacant parcel at the intersection of Mirror and Pueblo Boulevard, as well as potential opportunities to work collaboratively with the City of Pueblo to revitalize the lands surrounding Lake Minnequa. FINANCIAL IMPACT Twenty -five year property tax TIF projections indicate revenue generating potential of approximately $17,000,000. EXHIBIT A Legal Description of the Urban Renewal Area Beginning at the intersection of the north right -of -way line of Lakeview Avenue and the east right -of -way line of Orman Avenue; thence south along the east right -of -way line of Orman Avenue to the south right -of -way line of Minnequa Avenue; thence west along the south right -of -way line of Minnequa Avenue to east right -of -way line of Wyoming Avenue; thence south along the east right -of -way line of Wyoming Avenue to the north right -of -way line of Maryland Avenue; thence east along the north right -of -way line of Maryland Avenue to its intersection with the northerly extension of the east line of Assessor Parcel No. 1513300058; thence south along said northerly extension and along the east line of Assessor Parcel No. 1513300058 to the north line of Assessor Parcel No. 1513300051; thence east along said north line to the northerly extension of the west line of Assessor Parcel No. 1513300039; thence south along said northerly extension of said west line and along the west line of Assessor Parcel No. 1513300039 to the northwesterly right - of-way line of Interstate Highway No. 25; thence southwesterly along the northwesterly right -of -way line of Interstate Highway No. 25 to the south line of Assessor Parcel No. 1513302009; thence west along said south line and said south line extended west to the westerly right -of -way line of Lake Avenue; thence northeasterly along said westerly right -of -way line of Lake Avenue to the north line of Section 23, Township 21 South, Range 65 West; thence west along said north line and along the north line of Section 22, Township 21 South, Range 65 West; to its intersection with the southwest corner of Assessor Parcel No. 1515431001; thence northeasterly along the westerly line of said Assessor Parcel No. 1515431001 to the southwest corner of Assessor Parcel No. 1515432003; thence northeasterly along the westerly line of said Assessor Parcel No. 1515432003 and the westerly line of Assessor Parcel No. 1515432001 to the southwesterly right -of -way line of Pueblo Boulevard; thence northeasterly to the southwesterly corner of Assessor Parcel No. 1515402001; thence northeasterly along the westerly line of Assessor Parcel Nos. 1515402001, 1515100007, 1515134002, 1515134001, 1515100005, 1515100004, and 1515100002 to the north line of said Assessor Parcel No. 1515100002; thence along said north line to the west right -or -way line of South Prairie Avenue; thence northerly along said west right -or -way line to the westerly extension of the north line of the east - west alley in Block 1, Mahoney Subdivision -First Filing; thence east along said westerly extension and along said north line and the easterly extension of said north line to the west line of Mahoney Subdivision - Second Filing; thence southerly along said west line and the west line of Mahoney Subdivision -Third Filing to the north line of Lakeshore Estates No. 1; thence easterly along said north line and said north line extended to the north -south centerline of Section 14, Township 21 South, Range 65 West; thence north along said north -south centerline to the southeast comer of Tract D, Lake Minnequa Reservation Second Filing; whence west along the south line of said Tract D to the southwest corner of said Tract D; thence north along the west line of said Tract D and the west line of Tract C of Lake Minnequa Reservation Second Filing and said west line extended to the north right- of -way line of Lakeview Avenue; thence east along the north right -of -way line of Lakeview Avenue to the point of beginning; all in the City of Pueblo, County of Pueblo, State of Colorado.