HomeMy WebLinkAboutResolution-1985-0940
RESOLUTION NO. 940
Series of 1985
TITLE: RESOLUTION APPROVING THE REVISION OF THE KIPLING ACTIVITY CENTER URBAN
RENEWAL PLAN AND AREA.
WHEREAS, public notice has been given and the City Council has held a
public hearing on April 8, 1985 on the Kipling Activity Center Urban Renewal
Plan Rev; s; on.
WHEREAS, the City Council has established an Urban Renewal Authority,
and that Authority has recommended to the City Council that the Kipling
Activity Center Urban Renewal Plan Revision be approved.
WHEREAS, the Planning Commission has found that the Urban Renewal Plan
Revision conforms to the Comprehensive Development Plan of the City of Wheat
Ridge.
1. NOW, THEREFORE, BE IT RESOLVED that the Council finds that there
is blight in the Kipling Activity Center Urban Plan Area, as hereby revised.
2. BE IT FURTHER RESOLVED that the Council finds that the Urban
Renewal Plan Revision conforms to the Wheat Ridge Comprehensive Development
Plan.
3. BE IT FURTHER RESOLVED that the Plan, as revised, affords maximum
opportunity for the rehabilitation or redevelopment of the Urban Renewal Area
by private enterprise.
4. BE IT FURTHER RESOLVED that the Kipling Activity Center Urban
Renewal Plan Revision is hereby approved.
5. BE IT FURTHER RESOLVED that the Urban Renewal Authority under this
revised Plan can have responsibili ty for requesting proposals for
development within the designated acquisition area.
DONE AND RESOLVED THIS 8th day of Apr; 1
, 1985.
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FRANK STITES, MAYOR
ATTEST:
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E X PAN D E D
KIPLING ACTIVITY CENTER
URBAN RENEWAL PLAN
CITY OF WHEAT RIDGE
APRIL 8, 1985
I. URBAN RENEWAL PLAN
A. STATUTORY AUTHORITY
This Plan has been approved by the Wheat Ridge City Council
to provide direction for the Wheat Ridge Urban Renewal
Authority, hereinafter referred to as "Authority", pursuant
to the provisions of the Urban Renewal Law of the State of
Colorado, Part I of Article 25 of Title 31, CRS 1973, as
amended. The administration of this project and the
enforcement of any documents implementing it, shall be
performed by the Authority in conjunction with the City
Council as needed with Staff support as assigned by the
City Administrator.
B. THE URBAN RENEWAL AREA AND THE PROJECT
BY THE ADOPTION OF THIS PLAN, the Urban Renewal Plan is
established. The Project Area boundaries are shown in the
Kipling Activity Center Project, Attachment 1, Page 4. The
Urban Renewal Area is described as follows: The area
boundary begins at the intersection of the east
right-of-way line of Independence Street and the south
right-of-way line of the South 1-70 Service Road; extends
west along the south right-os-way line of the South 1-70
Service Road to the east lot line of D & M Subdivision, Lot
1; extends south along the eastern property line of D & M
Subdivision, Lot 1; extends west to James Chado's northeast
property corner; extends south to the northern lot line of
Juchem's Garden Subdivision, Tract A; follows the Juchem's
Garden Subdivision's northern boundary east to the
northeast corner of Juchem's Garden Subdivision, Tract C;
extends south along the eastern property line of Juchem's
Garden Subdivision,Tract C; follows east along the northern
property line of the Caldwell property; extends south along
the east right-of-way line of Independence Street to the
south right-of-way line of West 44th Avenue; extends west
on West 44th Avenue to the west right-of-way line of Miller
Street (extended); extends north along the west line of
Miller Street (extended) to the north right-of-way line of
West 44th Avenue; extends east along West 44th Avenue to the
east right-of-way line of Lee Street; extends north along
Lee Street to the northwest corner of the Tofflemoyer
property; follows the northern lot lines of the Tofflemoyer
and Larson properties to the west right-of-way line of
Kipling Street; extends north along Kipling Street to the
southeast corner of the Morris property; extends west along
the Morris and LaMeres property; extends north along the
west property line of the LaMeres property, a distance of
200 feet; extends west 100 feet; extends north to the south
property line of the Koch property; extends west along the
Koch property to the west right-of-way line of Miller
Street; extends north along Miller Street, across I-70 to
the north right-of-way line of I-70; extends easterly along
the north right-of-way line of 1-70 to the east right-of-
way line of Independence Street; extends south along the
east right-of-way line of Independence Street (extended)
across I-70 to the south right-of-way line of the South I-70
Service Road, which is also the point of beginning; all in
the records of the Jefferson County Clerk and Recorder in
the City of Wheat Ridge, Jefferson County, State of Colo-
rado.
The Project Area and Plan is hereby amended and the
Project Area boundaries are hereby expanded to include the
following described real property:
Beginning at the intersection of the northerly R.O.W. line
of Interstate 70 and the easterly R.O.W. line of Kipling
Street, thence northerly along the easterly Kipling R.O.W.
line to its intersection with the northerly Public Service
R.O.W. line north of West 50th Avenue, thence southwesterly
across Kipling Street and along the northern Wheat Ridge
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City limit line between Kipling and Miller Streets and the
southwesterly extension of that line to the intersection of
that extension with the westerly R.O.W. line of Miller
Street, thence southerly along the westerly R.O.W. line of
Miller Street to its intersection with the northerly R.O.W.
line of Interstate Highway 70, thence easterly along the
northern R.O.W. line of Interstate Highway 70 to its
intersection with the easterly R.O.W. line of Kipling
Street, that being the Point of Beginning, all in the
records of the Jefferson County Clerk and Recorder in the
City of Wheat Ridge, Jefferson County, State of Colorado.
Also included in the Urban Renewal Area are the street
right-of-way and street intersections of the above described
area. The properties included in the Urban Renewal Area
are listed in Attachment 5, an Inventory of Properties.
The "Urban Renewal Area" is also designated as the capture
area for tax increment financing purposes. The Authority
and Staff may discuss further projects with property owners
and merchants in the adjacent areas. Minor deviations from
the above Urban Renewal Area may be approved by the Wheat
Ridge Urban Renewal Authority without City Council
approval.
The Kipling Activity Center Urban Renewal Area has
of approximately 104.6 acres. The following chart
total acreages for each of the development units.
see the Kipling Activity Center Project.
a total
shows the
Please
Unit II 27.6 acres
Unit III 24.051 acres
Unit IV 17.000 acres
Unit V 24.920 acres
Unit VI 11.073 acres
When appropriate, the Urban Renewal Authority may advise
the City Council on any of the elements of the total
project. Once the Urban Renewal Plan has been adopted, the
Council gives authority to the Urban Renewal Authority to
carry out project elements by passing a resolution(s) that
approves one or more of the elements of the Urban Renewal
Plan. Once an element is approved by Council, the
Authority shall have reasonable latitude to carry out the
element under power stated in the ordinance that created the
Authority and the activities stated in this plan.
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C. PROJECT ELEMENTS PROPOSED
The fOllowing projects are proposed to encourage private
development in the area, subject to funding and approval by
City Council and Urban Renewal Authority. Please see the
Kipling Activity Center Project, Attachment 1, Page 8.
1. Relocate South I-10/Kipling Frontage Road.
2. Upgrade 44th Avenue (from Miller to Independence) and
Kipling Intersection.
3. Add northbound left turn lane to Kipling Street at West 50th
Avenue.
4. Add a second (i.e., double) northbound left turn lane to
Kipling Street at West 49th Avenue.
5. Relocate the south Interstate 10/Kipling access ramps and
add a second (i.e., double) southbound left turn lane to
Kipling Street at the relocated ramps.
6. Add a second (i.e., double) left turn lane to Kipling Street
at West 50th Avenue.
1. Extend West 50th Avenue from Kipling Street to Miller
Street.
8. The properties shown on Exhibit 1 attached may be acquired
for the purpose of redevelopment as a significant, major
retail sales tax generating facility for the City of Wheat
Ridge, pursuant to the provisions of the Urban Renewal Law
of the State of Colorado, Section 31-25-105ff,. CRS 1913, as
amended.
PROJECT ELEMENTS APPROVED BY THE CITY COUNCIL
1. The relocation of the South I-70/Kipling Frontage Road was
approved by City Council on January 24, 1983.
D. PROJECT PURPOSES
1. Improvement or elimination of conditions constituting
blight which are detrimental to the Project Area, adjacent
neighborhoods and facilities, and to the City as a whole.
2. Redevelopment of the Project Area in a manner compatible
with and complimentary to existing development and uses in
the general area, including adjacent and nearby residential
neighborhoods, office, commercial and recreational
development.
3. Encouragement of increased patronage of businesses within
the Urban Renewal Area and adjacent areas by improving
traffic circulation, access, attractiveness, and
recognition of the commercial center.
4. Provision of a stronger, more balanced tax base through new
development and increased commercial activity.
5. Encourage of rehabilitation of properties that have a
potential to function more compatibly with new
development.
E. LAND USE REGULATIONS AND BUILDING REQUIREMENTS
The land use, design and construction for new development in
the Urban Renewal Area, shall comply with City of Wheat Ridge
regulations and ordinances. However, the Authority may impose
such additional land use and design controls as it considers
necessary and appropriate to assure development which is
visually and functionally compatible with the location of
adjacent development.
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F. PROJECT ACTIVITIES
1. Property acquisition.
The Authority may acquire property within the Project Area
pursuant to the provisions in the Urban Renewal Law of the
State of Colorado, Section 31-25-105(1)(e), C.R.S. 1973, as
amended.
Properties identified for acquisition may be exempted from
acquisition if implementation of that part of the Plan can
be achieved in the same manner as by acquisition through
an agreement whereby the developer and/or owner
participate with the Authority.
The Authority may sell, lease, or otherwise transfer real
property or any interest therein acquired by it as a
part of an urban renewal project for residential,
recreational, commercial, industrial, or other uses for
public use in accordance with the Urban Renewal Plan
pursuant to the provisions of the Urban Renewal Law of the
State of Colorado, Section 31-25-106(1), C.R.S. 1973, as
amended
2. Property Management.
During the time that acquired property is owned by the
Authority, such property shall be under the management and
control of the Authority and may be rented or leased,
pending its disposition for redevelopment.
3. Relocation.
If, as a result of acquisition of real property by the
Authority or as a result of an agreement between the
Authority and a designated developer for redevelopment of
property designed for acquisition by the Plan, but
considered exempt from acquisition under 1. above,
businesses, families or individuals are displaced, the
Authority may, but is not obligated to, provide relocation
benefits in such form and amounts and subject to such terms
and conditions it may establish, depending upon, among
other things, the availability of funds.
4. Demolition, Clearance and Site Preparation.
Buildings, structures, pavement and other improvements may
be demolished and cleared from property which the
Authority acquires, or as a result of an agreement
between the Authority and a designated developer for
redevelopment of property designed for acquisition by the
Plan, but considered exempt from acquisition under 1. above,
and the property may be prepared for new improvements in
accordance with this Plan.
5. Public Improvements and Facilities.
The Authority will install and construct or cooperate as
appropriate with other public or private agencies, in the
installation and construction of such public improvements,
public facilities and utilities as are necessary to carry
out this Plan. Such improvements, facilities and utilities
include, but are not limited to, street widening, curbs and
gutters, drives, sidewalks, signs, and landscaped areas.
6. Property Disposition.
All property acquired by the Authority in the Project Area
will be developed for public use in accordance with the
provisions of this Plan and the Colorado Urban Renewal Law.
Property may be conveyed to the City or other Public Body
without charge.
G. PROJECT FINANCING
1. Financing Method.
The Authority is authorized to finance projects for the
implementation of this Plan with property tax
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increments, sales tax increments, interest income, or any
other available source.
The Authority is authorized to issue bonds in an amount
sufficient to finance all or any part of the project. The
Authority is authorized to borrow funds and create
indebtedness in carrying out this Plan. The principal and
interest in such indebtedness will be paid from tax
increments or any other funds available to the Authority.
2. Tax Increment.
The projects initiated to implement the Plan are to be
financed by the Authority under the tax allocation
financing provisions of the Urban Renewal Law of the State
of Colorado. The general provisions of the financing method
are set forth below. In accordance with the requirements of
this Section 31-25-107(9)(a), C.R.S. 1973, as amended.
Jefferson County School District R-l has been requested
and permitted to participate in an advisory capacity
concerning the project financing included in this Urban
Renewal Plan.
3. Tax Allocation.
Pursuant to Section 31-25-107(9)(a) C.R.S. 1973, as amended,
all taxes levied upon taxable property within the area of
this Plan each year and those municipal sales taxes
collected within said area, by and for the benefit of any
public body, hereinafter referred to as "Public Body", shall
be divided for a period not to exceed twenty-five years
after the effective date of the ordinance approving this
Plan.
a. Present Tax.
That portion of the taxes which are produced by the
levy at the rate fixed each year by or for each Public
Body upon the valuation for assessment of taxable
property in the Urban Renewal Area last certified prior
to the effective date of approval of the Urban Renewal
Plan and that portion of municipal sales taxes
collected within the boundaries of the Urban Renewal
Area in the twelve-month period ending on the last day
of the month prior to the effective date of the approval
of the Urban Renewal Plan shall be paid into the funds
of each Public Body as are all other taxes collected by
or for such Public Body.
b. Tax Increment.
That portion of such property taxes, real and personal,
and all or any portion of such sales taxes in excess of
the amounts described in subparagraph 3a., above, shall
be allocated to and, when collected, paid into a
special fund of the Wheat Ridge Urban Renewal Authority
to pay the principal of, the interest on,. and any
premiums due in connection with the bonds of, loans or
advances to, or indebtedness incurred, whether funded,
refunded, assumed, or otherwise, by the Wheat Ridge
Urban Renewal Authority for financing or refinancing,
in whole or in part, the Urban Renewal Project within
the described Urban Renewal Area. Any excess municipal
sales tax collections not allocated pursuant to this
subparagraph 3b. shall be paid into the funds of the
City of Wheat Ridge. Unless and until the total
valuation for assessment of the taxable property in the
Urban Renewal Area exceeds the base valuation for
assessment of the taxable property in such Urban Renewal
Area, as provided in subparagraph 3a., all of the
taxes levied upon the taxable property in the Urban
Renewal Area shall be paid into the funds of the
respective Public Bodies.
Unless and until the total municipal sales tax
collections in the Urban Renewal Area exceed the
base year municipal sales tax collections in the Urban
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Renewal Area, as provided in subparagraph 3a., above,
all such sales tax collections shall be paid into the
funds of the City of Wheat Ridge. When such bonds,
loans, advances, and indebtedness, if any, including
interest thereon and any premiums due in connection
therewith, have been paid, all taxes upon the taxable
property or the total municipal sales tax collections,
in the Urban Renewal Area shall be paid into the funds
of the respective Public Bodies.
A maximum percentage of the total sales tax increment to
be so reserved shall be established by resolution of
the City Council
c. Pledge of Tax Increment.
The portion taxes described in subparagraph 3b.,
above, are hereby irrevocably pledged for the payment
of the principal of and interest on the incurring of
any indebtedness (whether funded, refunded, assumed,
or otherwise) by the Authority to finance or refinance
the Urban Renewal Project in whole or in part.
4. Termination of Liability.
When such bonds, loans, advances, and indebtedness, if any,
including interest thereon, and any premiums due in
connection therewith, have been paid, all taxes upon the
taxable property or the total municipal sales tax
collections, or both, ;in the Urban Renewal Area, shall be
paid into the funds of the Public Body.
H. CHANGES IN THE APPROVED PLAN
This Plan may be modified pursuant to the provisions of the
Colorado Urban Renewal Law governing such modifications
including Section 31-25-107 C.R.S. 1973, as amended.
I. MINOR VARIATIONS
Where a literal enforcement of the provlslons contained in
this Plan would constitute an unreasonable limitation beyond
the intent and purpose of these provisions, the Authority may
in specific cases allow minor variations from these provisions.
J. CONTROL OF USES AND SITE PLAN APPROVAL
To achieve the goals of this plan, the City Council and Staff
may limit uses either through zoning or at the point of
building permit. The City may require site plan approval to
achieve the urban design and circulation goals of the Plan and
Project. This site plan approval may be through zoning or at
the time of issuing a building permit.
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EXHIBIT 1
AS PER PAGE 3 - C 8
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~///////////-<< PROPERTIES SUBJECT TO ACQUISITION