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HomeMy WebLinkAbout5174RESOLUTION NO. 5174 A RESOLUTION EXPRESSING THE INTENTION OF THE CITY COUNCIL TO PURCHASE BY VOLUNTARY ACQUI- SITION CERTAIN PROPERTIES LOCATED IN AN AREA HERETOFORE DETERMINED TO BE A BLIGHTED AREA WHEREAS, the City of Pueblo by Resolution No. 4541 adopted on March 24, 1980 declared a portion of downtown Pueblo to be a blighted area, and WHEREAS, it would be in the best interest of the City to purchase through voluntary acquisition contiguous properties located in the blighted area for purpose of clearance, assemblage and future development or redevelopment, and WHEREAS, such acquisition of properties is necessary and would be in the interest of public health, safety, morals and welfare of the residents of the City, therefore BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PUEBLO, COLORADO, that: SFCTTnN 1- The City Council does hereby find and declare that the purchase through voluntary acquisition of the heretofore determined blighted area bordered by First Street, Santa Fe Avenue, Mechanic Street and Richmond Avenue for clearance, rehabilitation, conservation, development or redevelopment, or a combination thereof, or assemblage for future development or redevelopment thereof, are necessary and would be in the interest of public health, safety, morals and welfare of the City and the residents thereof. gRrTTnW 7 _ The City Manager is authorized to purchase by voluntary acquisition real property within such designated blighted area as moneys are available and appropriated to the Capital Improve- ment Fund for such purpose out of the General Fund non - federal cash surplus. INTRODUCED: June 27 , 1983 By MIKE SALARDINO Councilman APPROVED: dt"_� W - 9 '/"r_�4 - ""� President of the City Council