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HomeMy WebLinkAboutURA Resolution 2003-02 WHEAT RIDGE URBAN RENEWAL AUTHORITY RESOLUTION NO. ();L -2003 Series of 2003 A RESOLUTION OF THE WHEAT RIDGE URBAN RENEWAL AUTHORITY APPROVING AN AGREEMENT FOR THE REDEVELOPMENT OF PROPERTIES AT 38TH A VENUE AND SHERIDAN BOULEVARD WHEREAS, pursuant to the Urban Renewal Law of Colorado, the Wheat Ridge Urban Renewal Authority has authorized its staff and consultants to negotiate an agreement with the Cornerstone Group for the redevelopment of properties, including a Walgreen's Store, within the 38th Avenue Corridor Redevelopment Area; and THEREFORE BE IT RESOLVED by the Wheat Ridge Urban Renewal Authority WHEREAS, the draft agreement submitted to the Authority is in compliance with the 38th A venue Corridor Redevelopment Plan. that: Section 1. The draft Disposition and Development Agreement between the Authority and the Cornerstone Group I, Inc. to be effective May 1,2003, is approved in essentially the same form as considered by the Authority as of the date of this resolution; subject however, to modifications approved by the staff, consultants, attorney and Chair of the Authority. Section 2. The Chair is authorized to sign the Agreement for the Authority subject to modifications as stated in Section 1. DONE AND RESOLVED the I 7 1h.... day of U lJ./U.... 2003. /fA; /idL Chair ATTESJ>, / ~ Secretary ~