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RESOLUTION NO. 14310
A RESOLUTION AUTHORIZING THE PUEBLO URBAN
RENEWAL AUTHORITY TO COMMISSION A STUDY TO
DETERMINE WHETHER THE AREA COMMONLY KNOWN
AS THUNDER VILLAGE IS A SLUM, BLIGHTED AREA, OR
A COMBINATION THEREOF, AND TO NOTIFY OWNERS
OF PROPERTY IN THE AREA SUBJECT OF SUCH STUDY.
WHEREAS, the Pueblo Urban Renewal Authority “the Authority” has been
approached by the Thunder Village Metropolitan District regarding the impacts of the
Great Recession of 2009 and how the economic conditions significantly impaired the
ability of the District to attract development and produce tax increment to repay
infrastructure costs; and
WHEREAS, “the Authority” will commission a Conditions Survey to assess
blighting factors, and make recommendations, if appropriate, with respect to amending or
significantly modifying the Thunder Village Conditions Survey approved by Resolution
No. 11238; NOW THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1:
The Pueblo Urban Renewal Authority (the “Authority”) Staff is hereby authorized
to commission a study to determine if the Thunder Village Area depicted in Exhibit A
remains a slum, blight or combination thereof.
SECTION 2:
This Resolution shall become effective immediately upon passage and approval.
INTRODUCED November 11, 2019
BY: Chris Nicoll
MEMBER OF CITY COUNCIL
APPROVED:
PRESIDENT OF CITY COUNCIL
ATTESTED BY:
City Clerk’s Office Item # M-4
Background Paper for Proposed
Resolution
COUNCIL MEETING DATE: November 11, 2019
TO: President Dennis E. Flores and Members of City Council
CC: Nicholas A. Gradisar, Mayor
VIA: Brenda Armijo, City Clerk
FROM: Pueblo Urban Renewal Authority
Jerry M. Pacheco, Executive Director
SUBJECT: A RESOLUTION AUTHORIZING THE PUEBLO URBAN RENEWAL
AUTHORITY TO COMMISSION A STUDY TO DETERMINE WHETHER
THE AREA COMMONLY KNOWN AS THUNDER VILLAGE IS A SLUM,
BLIGHTED AREA, OR A COMBINATION THEREOF, AND TO NOTIFY
OWNERS OF PROPERTY IN THE AREA SUBJECT OF SUCH STUDY
SUMMARY:
This resolution authorizes the Pueblo Urban Renewal Authority (PURA) to commission a
study to identify blighting factors in the Thunder Village Urban Renewal Area established
by Ordinance No. 7763.
PREVIOUS COUNCIL ACTION:
In November 2007 by Resolution No. 11238, City Council found and determined that the
Area is a blighted area.
City Council previously passed and approved the Thunder Village Urban Renewal Plan
on February 25, 2008, by Ordinance No. 7763.
BACKGROUND:
PURA has been approached by the Thunder Village Metropolitan District to discuss the
impacts of the Great Recession of 2009 and how the economic conditions significantly
impaired the ability of the District to attract development and produce tax increment to
repay infrastructure costs.
FINANCIAL IMPLICATIONS:
None.
BOARD/COMMISSION RECOMMENDATION:
The Thunder Village Metropolitan District recommends approval of this resolution.
STAKEHOLDER PROCESS:
None.
ALTERNATIVES:
None.
RECOMMENDATION:
Approval of this Resolution.
ATTACHMENTS:
Proposed Resolution and Study Area Exhibit.
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THUNDER VILLAGE PROJECTS 1 & 2
URBAN RENEWAL AREAS
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