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HomeMy WebLinkAboutResolution-1984-0897 -INTRODUCED BY COUNCILMEMBER MERKL RESOLUTION NO. 897 Series of 1984 TITLE: A RESOLUTION APPROVING THE INTERGOVERNMENTAL AGREEMENT BETWEEN THE CITY OF WHEAT RIDGE AND THE WHEAT RIDGE URBAN RENEWAL AUTHORITY TO ACT AS THE AGENT FOR THE CITY OF WHEAT RIDGE IN CONTRACTING FOR, AND PERFORMING VARIOUS DUTIES RELATED TO ECONOMIC DEVELOPMENT FOR THE TOTAL CITY WHICH INCLUDES POSSIBLE ANNEXATION AREAS. WHEREAS, the City of Wheat Ridge and the Wheat Ridge Urban Renewal Authority have a common interest in economic development and revitalization activities in the City of Wheat Ridge and the Authority has done work for the City in two Urban Renewal Areas; and WHEREAS, the City and the Urban Renewal Authority deem it proper and appropriate for the Urban Renewal Authority to act as the agent of the City in contracting with, and working with, consultants for the purpose of economic development to accomplish the necessary activities detailed in said Intergovernmental Agreement; and WHEREAS, it is in the best interest of the City of Wheat Ridge to enter into the Intergovernmental Agreement which is attached to this Resolution; and WHEREAS, Section 14.2 of the Home Rule Charter of the City of Wheat Ridge Authorized the City of Wheat Ridge, by Resolution, to enter into intergovernmental agreements. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WHEAT RIDGE that the Intergovernmental Agreement between the City of Wheat Ridge and the Wheat Ridge Urban Renewal Authority which is attached hereto be approved, and that the Mayor and City Clerk be authorized to sign said Intergovernmental Agreement. ATTEST: ~/~ Ci ty - C-~'k -..--- 8 ;;. I, . ~ 't", /) -t StItes, Mayor I /., - Frank INTERGOVERNMENTAL AGREEMENT THIS INTERGOVERW1ENTAL AGREEt"lENT made and executed this 11th day of June , 1984, by and between THE CITY OF vVH1AT RIDGE, a home rule municipality, located within the County of Jefferson, state of Colorado, acting by and through lts duly elected City Council (hereinafter referred to as the "City") and THE WHEAT RIDGE URBAN RENEWAL AUTHORITY, a quasi-municipal corporation, existing under and by virtue of, and possessing the power granted by, the statutes of the state of Colorado (hereinafter referred to as the "Authority"). WIT N E SSE T H WHEREAS, the City, by resolution duly adopted, has established the Authority and vests in the Authority all powers authorized by C.R.S. 1973L as amended, 31-25-101, et seq.; -' WHEREAS, the parties have heretofore entered into a Cooperation Agreement dated March 15, 1982, whereby the City agreed to provide staff, aid, and financial management and accounting assistance to the Authority; WHEREAS, the City, acting by and through its duly elected City Council, wishes to contract with the urban Renewal Authority to enable the Authority to act as the agent for the City in contracting for, and performing various duties related to economic development for the total City which includes possible annexation areas; WHEREAS, the parties wish to set forth in full their agreement as to the means of accomplishing the purposes hereinabove set forth. NOW, THEREFORE, the parties for themselves, their successors, and assigns, based upon the consideration of the mutual promises contained herein, do hereby covenant, warrant, and agree as follows: l. The city, acting by and through its duly elected City Council, does hereby appoint as its agent, the Authority for the purpose of assuming responsibility for reviewing economic development possibilities for the total City, including possible annexation areas, devising economic development strategies and policies, reviewing specific economic development areas and devising implementation programs for attracting businesses and developers to accomplish economic development in target areas for the city. Said appointment of agent shall constitute a delegation by the City to the Authority of the rights, powers, and privileges possessed by the City to contract with consultants to accomplish the above responsibilities. 2. After the Authority has reviewed the total City and potential annexation areas for economic development potential and interviewed prospective consultants who would assist In implementation of economic development; the Authority shall propose to the City Council economIC development strategies, policies and implementation projects with the needed budget and funding steps required to accomplish the proposals. THE CITY OF WHEAT RIDGE ~ '~/:, .t _ (;t.j~::' Frank Stites, Mayor ATTEST: wanda Sang, THE WHEAT RIDGE URBAN RENEWAL AUTHORITY ~~~/r1. ~.--rAfl/:t~