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HomeMy WebLinkAboutURA Resolution 2007-04 WHEAT RIDGE URBAN RENEWAL AUTHORITY RESOLUTION NO. 04 Series of2007 A RESOLUTION OF THE WHEAT RIDGE URBAN RENEWAL AUTHORITY EXTENDING THE DEADLINE FOR COMPLETION OF THE ELIGIBLE IMPROVEMENTS BY THE WHEAT RIDGE CYCLERY WHEREAS, the 38th Avenue Corridor Redevelopment Plan provides for the redevelopment Rroject consisting of the expansion of Wheat Ridge Cyclery (the "Cyclery") at 38' Avenue and High Court; WHEREAS, the Cyclery has requested an extension of the deadline to complete its improvements (referred to as the "Eligible Improvements" in the agreement dated March 21,2007, hereinafter referred to as the "Agreement"); and WHEREAS, the Wheat Ridge Urban Renewal Authority is in favor of extending the deadline for completion of the Eligible Improvement to December 31, 2007. NOW, THEREFORE BE IT RESOLVED by the Wheat Ridge Urban Renewal Authority that: 1. Extension of deadline. The deadline of October 1, 2007 set forth in Section 2.b. of the Agreement for completion of the Eligible Improvements is hereby extended to December 31, 2007. All other terms of the Agreement remain in full force and effect. DONE AND RESOLVED this !b fA day of NOffe.4v....ler 2007. WHEAT RIDGE URBAN RE'::;-AL A~T~~ BY:~, -.::> WH By: ATTEST: ~d~~~, Secretary URA Attorney