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HomeMy WebLinkAbout15460RESOLUTION NO. 15460 A RESOLUTION AUTHORIZING THE PUEBLO URBAN RENEWAL AUTHORITY TO CONDUCT A STUDY TO DETERMINE WHETHER THE PROPOSED BLUFFS AREA IS A SLUM, BLIGHTED AREA, OR COMBINATION THEREOF, AND TO NOTIFY OWNERS OF PROPERTY IN THE AREA SUBJECT OF STUDY. WHEREAS, the Colorado Urban Renewal Law, Part 1 of Article 25 of Title 31 (the “Act”) provides for urban renewal of blighted areas; WHEREAS, the Pueblo Urban Renewal Authority wishes to conduct a Conditions Survey to assess blighting factors, and make recommendations, if appropriate, for the purposes of considering a redevelopment plan(s) to remove blighting conditions; WHEREAS, the City Council of Pueblo (“Council”) hereby authorized and directs the Pueblo Urban Renewal Authority to study an area of the City of Pueblo (“City”) to assess if blighting factors exist in the area and, if appropriate, recommend that the City Council consider one or more redevelopment plans to remove any such conditions of blight; NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that SECTION 1. The Pueblo Urban Renewal Authority (“Authority”) is authorized to complete a study to determine if the proposed Bluffs areas are slum, blighted, or a combination thereof. Any actions taken by the Authority with respect to studying the proposed Bluffs area, prior to the date of passage of this resolution, are hereby ratify SECTION 2. Within thirty (30) days of the authorization of the study described in Section 1, the Authority shall notify the owners of property in the area of such study pursuant to § 31-25-107 (1) (b) C.R.S. SECTION 3. Within thirty (30) days of authorizing the study described in Section 1, the Authority shall notify each public body that levies ad valorem property tax in the study area. SECTION 4. The officers and staff of the City are authorized to perform any acts consistent with this Resolution to implement the policies and procedures described herein. SECTION 5. This resolution shall become effective immediately upon passage and approval. INTRODUCED: January 8, 2024 BY: Heather Graham MEMBER OF CITY COUNCIL APPROVED: PRESIDENT OF CITY COUNCIL ATTESTED BY: CITY CLERK City Clerk's Office Item # M5 Background Paper for Proposed Resolution COUNCIL MEETING DATE: January 8, 2024 TO: President Mark Aliff and Members of City Council CC: Mayor Nicholas A. Gradisar VIA: Marisa Stoller, City Clerk FROM: Pueblo Urban Renewal Authority SUBJECT: A RESOLUTION AUTHORIZING THE PUEBLO URBAN RENEWAL AUTHORITY TO CONDUCT A STUDY TO DETERMINE WHETHER THE PROPOSED BLUFFS AREA IS A SLUM, BLIGHTED AREA, OR COMBINATION THEREOF, AND TO NOTIFY OWNERS OF PROPERTY IN THE AREA SUBJECT OF STUDY. SUMMARY: This resolution authorizes the Pueblo Urban Renewal Authority (PURA) to conduct a study to identify blighting factors within the proposed Bluffs Area in conjunction with the Bluffs Phase 1 development project. PREVIOUS COUNCIL ACTION: Not Applicable to this Resolution. BACKGROUND: The Bluffs area encompasses five (5) parcels and approximately 3.3 acres, including Right-of-Way (ROW). The area is characterized by vacant land clustered atop a steep bluff within City limits, overlooking the Arkansas River. Public surface infrastructure, from streets and alleyways to the trails leading down to the River, is in disrepair. The survey area is also within “Superfund Proximity”, according to the EPA’s Environmental Justice Indexes website. A Conditions Survey will evaluate this area for statutorily defined “blighted area factors” (blighting factors). Colorado’s Urban Renewal Law defines these factors under C.R.S. 31-25-103 (2) and in general, mean conditions that impair or arrest the sound growth of a municipality. The Conditions Survey will locate, identify, and describe each statutorily defined blighting factor found within the proposed plan area and help the City determine whether an Urban Renewal Area and Project would assist the City in alleviating blight and spurring redevelopment. FINANCIAL IMPLICATIONS: None. BOARD/COMMISSION RECOMMENDATION: None. STAKEHOLDER PROCESS: Not applicable to this Resolution. ALTERNATIVES: The attached Resolution is the first necessary step to enlist the assistance of PURA in utilizing tax increment financing to revitalize the area. A “no action” alternative would prevent PURA's involvement and require a vote of the people for any tax increment financing. RECOMMENDATION: Approval of the Resolution. ATTACHMENTS: None