Loading...
HomeMy WebLinkAbout14310 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. , . ... . . . , THUNDER VILLAGE PROJECTS 1 & 2 URBAN RENEWAL AREAS .......,_.... ..., 2 IV p . ,• .. . ...,. , .•0,-,,,,.: . ., .- ---,:i.t .lyii...-J, ._,--- ,.."., '..-..,. ., si,,•...„„f,,, .„,,,.. . ek.,,_ 70.,..,, ',-:, 1 ...,&04:.t.:-,t, Iti.,.,.. ;. \.0 •.'. ....-„,'_ 4.,..*CY',Lett'lii'..' .,_ , ., ,It--' ' '. 4.k; ,, . ,. ,,. •,,. 'Atc`e,t=,,.. - • i•j;-..s,?11::',',.:',,,,', r., -- ,;-: -,..., ,,,,,,,, -..,' ,, ',,,o:.;,:,-:,..y.4.;,,,,c;:rit I ;::,/, ----•:. 0. ,,t4r. : . .. . '-I ; ',„..,- ' • •-•,, rn01-2,Vi-, "';'-'-"'-',-; ..4' e.:. '-.' . . ;,..., • , ....":.- .' , 1,;'"--;71 •. '-' *--' ' ' ' ''' . '",iir $.,'-4)4411 -11.:-.' __,, _ , ::;;.2....,-1, : "--r•.•A ''.?':' . , , ' 1 ' ' ' "-' ••'.q,--.'I loi.-.4e.:..t.,.- ,„. . :, ' . •. • • - .1- - .. . L ' Bow -if--- ', -4-.7.;c .!,-+1.3•7 :en4..*:: .,, •-- ,,AI • 0 ,. ... ' * - . . ..„ / - • at. . , . . A . -,•. .. ,h 0 ,, ,,, :' --....- --_, ..,,..., 1.• '. ' . .,.. , I ..___, .,;.. ' '1"-',,,, : ----..- • ..,--.1.4 • ' -MI IIIIIIm , , : .. '- ' -.., ,, . -• . ---- , _ • •+ • -, . , . ',.., ' ' '*•...:, ' -`: ' '.', .4?-:',41.,',1<!..,...--', 4.',,'2: .`,.*;',...t*''',•1::',:'. ' :%.1..,.,R,', NI,. • 40 . #,„ ' 1 ,+J.!*'4., '-t:'!•,: ''''' ..','" - 1.''' ,, 4":''''t,. ..01. ,,,''''.';., ' 1 I r'''' ,T,', . = i',.**,•• ,,k1,...„,,r1.vu . ..I ',. • • — — , -- 4_,,.).f,.;*, ,,,14,-,—,7.,'A; k • 'I ,'1 -I- 6' ' - —"t ' 2:,'-:. i4").F.... ,' :,, 4., I '' ,.;, ,,,,,. - .., .;,..„....,..::,, 1 1 A.:',• ' * `0.. te;,,''' 'f-.:,,",:,41'1 '. ' . '''1. . . '- ' .,..'.:".s. •.1,'.-k,,„"`,i,..", -Ly "„,4. ''` ' '..;..,i,'tr; ,t,Lt...., , . _,,,,,, •...,?..---. ..*. ,.,,, ''41 - I '%...,44, .t.: ''', <,:, I 1.".... _ — 0 z,;;,,,,,:l 4,7,',1....i,k...to,.•.,,.-4.1.-„,,,,,,,-;,,,,.,,,,:. 1,,,,,,-.4,..', ,.... - ' •-•.r 1,-; r'-',..,., ,...,,..,...,.-.:„. ,,,,,,,,,.. -.,..r.1...,...„,, ) . . . ,, ,,,.,,... ..;,,,, ,,,,,,„...„,..2,,,,,;,,,,„, ,,,..,,,44;:..i• ',i.„....,i ' % .,, ,..,, ..., , r;." '- ' ..,:''';',''''*.,:;1;'!ki,4'',"'../1:'.4;,-,"''''':'''',:'-'3;',9,'.i ',? .'t -"" 4 qt, :1,:,1-1'....4.701,:3"A',..,'''..,',,-`,—':'*:..1),',''''' ii 4.1V7 ±0. '' ''4....etiier*Jei\''''''''Xt '' ki' ''' 11 I 7 " \*. ' ''''': ''' : ' '' 'N'S,141\ \\\-•,..",\ ,,\ i', .1". 40."'" " ' ' ..''',:\.'*'*''''''.\iK''.'‘'.0'..\ i l'.''' '' ':. :' ''''. 'f't<4 ' -1...,...Y :..'7 ''';',==';,' ' s A,4 4: .,,..r*..--;".'.: ,,.-"-!. -•..,:.-404 ,,.,,,', 'it ,,-A,,"..,'": . -A ',, ,' ,,-,.•', ,, ,,,,,-,-.- - ' , 0 75 0 25 ARIth, PROJECT 3-751 ACRES CITY LIMITS URBAN RENEWAL RPPARCELS ALITHr)RITY ,,