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HomeMy WebLinkAbout38th Avenue CorridorSERIES OF 2006 MI[I - IMN I = MIII0 WHEREAS, in 200 1, the Wheat Ridge City Council approved an urban renewal plan, known as the 3 8"' Avenue Corridor Redevelopment Plan (die "Urban Renewal Plan") for the elimination of blight and redevelopment of certain portions of the City; WHEREAS, such Urban Renewal Plan included the area described in Exhibit A hereto, which is the current location of the Wheat Ridge Cyclery business; WHEREAS, the Wheat Ridge Urban Renewal Authority has entered into a redevelopment agreement with owner and tenant of the Wheat Ridge Cyclery property; WHEREAS, the Urban Renewal Authority has recommended to City Council that the Urban Renewal Plan be modified to implement sales and property tax increment for the project area as described in Exhibit A; WHEREAS, in this first amendnI references were made to nonexistent subsections • Section 5 of the Urban Renewal Plan, and thus, a number of technical errors exist in the current Urban Renewal Plan; and NOW THEREFORE BE IT RESOLVED by the City Council of the City of Wheat Ridge, Colorado, as follows: Section 2. The modification set forth in Exhibit A does not substantially change the urban renewal plan in land area, land use, design, building requirements, timing, or procedure, and therefore does not constitute a substantial modification to the 38 Corridor Redevelopment Plan pursuant Pam Anderson, City C�t� IMMUMEM SECOND AMENDMENT TO THE 38 TR AVENUE CORRIDOR REDEVELOPMENT PLAN Section 5 of the 38 Avenue Corridor Redevelopment Plan ("Plan') is hereby amended to read as follows: 9 1 11raddollem Urban renewal projects may be financed in whole or in part by the Authority under the tax increment financing ("TIF") provisions of CKS § 31-25-107(9)(a) of the Urban Renewal Law, or by any other available source • financing authorized, to be undertaken by the Authority under C.R.S. § 31-25-105 ♦ the Urban Renewal Law. 5.1 Financing Methods properties described in the attached Appendix A. The properties and projects for which a tax increment shall be utilized, along with a legal description for the properties, the date upon which the utilization • the tax increment shall take IfIZ-91-V set forth in Appendix A. 1. Cornerstone Property a. Date TIF iMpIgmented: October 27, 2003 b. Council Resolution: No. 26, Series 2003 (October 27, 2003) Leaal Description: A tract of land in the Northeast 1/4 of Section 25, Township 3 South, Range 69 West of the 6th Principal Meridian and also being a part of Block 1, Pearson— Woodside Addition as recorded in Book 6, Page 8 of the official records of the County of Jefferson, State • Colorado, and being more particularly described as follows: W*Wtv (the "Project d. TI F terms: mom= III- Date TIF impIgmented: December 11, 2006. b. Council Resoluti : No. 55, Series 2006 (December 11, 2001 Parcel I The South 163 feet of Lot 1, Craig Subdivision, City of Wheat Ridge, County of Jefferson, State of Colorado, Lot 1, EXCEPT the South 163 feet thereof and the South 6 feet • Lot 2, Craig Subdivision, City of Wheat Ridge, County of Jefferson, State of Colorado, Thence N8938'23"E a distance of 120.00 feet along the north line of the south 6 feet • said Lot 2; thence SOOl 4'0 1 "E a distance • 226.00 feet along the east line of said Lot I and said Lot 2 to the Point of Begt�nnin , 1 0 - I MR1190 " irrevocably pledged by the Authority for the payment of the principal of, premium, if any, and interest on any bonds, loans or advances, or indebtedness (whether funded, refunded, assumed, or otherwise) incurred the Authoriti to finance or refinance i in whole or in part, urban renewal RESOLUTION NO. 22 Series of 2003 TITLE: • RESOLUTION ADOPTING THE FIRST MODIFICATION TO THE 39 AVENUE PLAN CORRIDOR REDEVELOPM[ENT 7 1 A 4 V W • WHEREAS, the Urban Renewal Authority has solicited development proposals for and has selected a developer to undertake a redevelopment project on the parcel of land depicted on Exhibit I hereto; and WHEREAS, the Urban Renewal Authority has recommended to City Council that the , ?xea as depicted on Exhibit 1; and NOW THEREFORE BE IT RESOLVED by the City Council of the City of Wheat Ridge, Colorado, as Mows.- Section 1. The modification to the Urban Renewal Plan implementing the utilization of tax increment financing in the project area depicted in Exhibit I hereto is hereby approved. MM q1111 I I 111 111 �� i i I'll � III # # - . . 14w-- DONE AND RESOLVED THIS _,gg �_day of 3�0,03. 38th and Sheridan Urban Renewal Boundary I I NE 19 711 1 2 A -- - -- Legend Property Boundary A v Urban Renewal Boundary I M REDEVELOPNENT PLAN The 38' Avenue Corridor Redevelopment Plan ("Plan") is amended by adding Sections 5.1 c., d. and e. c. Utilization of Property and Sales 11F. Consistent with the foregoing provisions of this Section 5.0 d sales tax increment for the properties within the Project Area (which is within the Redevelopment Area), and is legally described on Appendix A hereto. a JJ41k d. No Application. The provisions of paragraph 5.1 (a)(v) shall not apply to the utilization of TIF for this Project Area. All other provisions of this Plan, not specifically amended hereby, shall be interpreted so as to be consistent "ith the purpose of this amendment to effect the utilization of TIF in the Project Area described on Appendix A. 19 Sk. Said parcel contains 1.4937 acres more or less. The 38th Avenue Corridor Redevelopment Plan a � � a � a r • Pr epared • The City of a•° and MENUM X-09-0-00M 'N X9jKU1M0QL9JWA0XV �Rkf= TITLE: A RESOLUTION APPROVING THE 38 AVENUE CORRIDOR REDEVELOPMENT PLAN WHEREAS, with the adoption of Resolution No. 12-2001 on April 23, 200 1, the City Council determined that blight existed in the vicinity of the 38 Avenue Corridor between Sheridan Boulevard and Wadsworth Boulevard; and WHE REAS, such resolution created the 3 8 Avenue Corridor Redevelopment Area (Area), an urban renewal area within the City; and Tlmz 1�� WHEREAS, the Authority has endorsed and recommended approval of the Plan by Council; and q �:l ill! �111�1 recTminTMIR11 to ME; V-,Itj' UIUL LIM r-IMI IN 111 QVILIVIUMV11W Ridge Comprehensive Plan; and WHEREAS, a copy • the Plan and information regarding the impact of the Plan were submitted to the Jefferson County Board of Commissioners; and WHEREAS, the Jefferson County School District also received a copy of the Plan and has been advised and permitted to participate in an advisory capacity with respect to the potential use of tax increment financing; and - �- • 7 1 1, I= UYSITTE737- ... - � - 17PTY01177 Law, C.R.S. 31-25-101 qsej.; and MA111#11INUM-416 UIF WHEREAS, the City Council has determined that it is in the best interests of the City of Wheat Ridge and the Wheat Ridge Urban Renewal Authority to adopt the Plan as proposed. NOW THEREFORE BE IT RESOLVED by the Wheat Ridge City Council as follows: Section 1. That the City Council hereby makes the following findings with respect to the proposed Plan: A. A feasible method exists for the relocation of fa milies or individuals who may or will be displaced by redevelopment projects in decent, hardship. MIT May wr vrin vc'4-'JSPIdQt;& Ify IC41CW141 YMJUULN CIUMF III L11C tU other areas that are not generally less desirable regarding public utilities and public and commercial facilities. C. The City Council has caused its staff to take reasonable efforts to provide written notice of the public hearing to property owners, residents and this public hearing of October 22, 200 1. D. Section 31-25-107 (4) (d) C.R.S. of the Urban Renewal Law does not apply in that not more than 120 days have passed since the first public hearing on this Plan, because this is the first public hearing. I III i M G. The provisions of the Plan, consistent with the needs of the City, provide maximum opportunity for redevelopment of the Area by private enterprise. IT Section 31-25-107 (5) C.R.S. of the Urban Renewal Law is not applicable to this Plan. J. City Council has determined that the boundaries of the Area have objectives of the Plan in accordance with Section 31-25-1,07(l) C.R.S. of the Urban Renewal Law. Section 3. The Jefferson County School District was permitted to participate in an advisory capacity regarding this Plan. Section 4. The Jefferson County Board of Commissioners was provided a copy of the Plan and information regarding its impact, in compliance with the Urban Renewal Law. Section 5. The Wheat Ridge Urban Renewal Authority is authorized to exercise the powers of eminent domain to carry out, effect and administer the Plan. nereln IS dUOPLrU US UIC Ridge and may be referred to as the 38 Avenue Redevelopment Plan. The Plan is an urban renewal plan as defined in Section 31-25-103(9) C.R.S. of the Urban Renewal Law. Section 7. The 38 Ih Avenue Redevelopment Plan shall control the land are land use, design, building requirements, timing of development, and procedur4 I 9 implementation of such Plan in the 38 Avenue Corridor Redevelopment Area and in City of Wheat Ridge, as may be applicable. • I I ATTEST: Wanda Sang, City 0 RESOLUTION NO. 04 Series of 2001 A TITLE: A RESOLUTION APPROVING A PROPOSED REDEVELOPMENT PLAN FOR 38 AVENUE BETWEEI LIM 1 -ORT4 a 9: W" MR I WHEREAS, the Wheat Ridge Urban Renewal Authority is authorized under C.R. 25-105(l)(i) of the Urban Renewal Law to prepare a plan for redevelopmentfor certain areas of the City of Wheat Ridge, Colorado; and WHEREAS, the Wheat Ridge City Council, upon recommendation of the Wheat Ridge Urban Renewal Authority, did on April 23, 2001, make a finding of the presence of blight in the area included in the redevelopment plan; and WHEREAS, the Wheat Ridge Urban Renewal Authority held a public meeting for the purpose of receiving comment on the redevelopment plan; NOW THEREFORE BE IT RESOLVED by the Wheat Ridge Urban Renewal Authority of the City of Wheat Ridge, Colorado, as follows: Section 1. The proposed redevelopment plan attached hereto as Exhibit I be, and hereby is, approved by the Authority. Section 2. The Authority hereby transmits the proposed 38" Avenue Redevelopment Plan to the City Council with the request that the City Council hold a public hearing to formally adopt the redevelopment plan. DONE AND RESOLVED THIS ,� _day of October, 2001 AUTHORITY EFIRM C:,%IyFiles',W['Files\tJR \lura Res 38th Ave 1JRP.kvpd 1.0 PREFACE AND BACKGROUND ..............#............ ..................... #........1 1 . 1 Preface .............................................................. ............................... I 2.0 FINDINGS ............ ..............##..#.. ..#....#....#....... #.... # #.. ## . ... #R #R... #......... 2 i R ♦ jiv., r Ur ban Renewal Pro jects 3.0 CONFORMANCE ..............#....#............#...#.......... ............................... 3 Ur ban R enewal Boundaries o t C orridor Redevelopment w ^` 4.0 REDEVELOPMENT activities ............................................................ 5 5.0 PROJECT FINANCING .......#..........#.....#.......# ..... ............................... 7 5 .1 Financing Methods .............................................. ............................... 7 R R R R R 6.0 LAND USE CONCEPT ...........#......#......##.#...# ....... .................. # # #........## V • R � « R ! I t • �" � r 7.0 LAND USE PLAN #.......#...........#...#...###..#.#...#. . ## # # # #. # ............. #...11 The 38" Avenue C orr i dor o # P ION 8.0 AMENDMENTS TO THE PLAN ........................................................ 11 9.0 REASONABLE VARIATIONS » ..................... ...... #......................12 • • m * . . + i WIEN U111421*1 Redevelopment of this Redevelopment Area is anticipated to occur over a substantial period of time, perhaps ten to fifteen years. The 38" Avenue Corridor Redevelopment Plan Page 1 Clarion Associates & HNTB The 38" Avenue Corridor Redevelopment Plan Page 2 Clarion Associates & HNTB Streetscape Plan, the zoning ordinance, and the Streetscape and Architectural G= Based • the evidence • blight, the Redevelopment Area is appropriate for authorized undertakings and activities of the Authority, pursuant to the Urban F 3.1 Urban Renewal Law MMMEMIM I A I ! I I I' i I ! I I I I I I I I I 111111p I ��! I � I I �� I! ql:!� I! p BE= • The Comprehensive Plan"s primary objectives for future growth and clevelopme along the 38 th Avenue corridor are as follows: I • To promote improvements to 3e Avenue as a principal entrance or gateway into the City. ■ To create a pedestrian-friendly environment The 38' Avenue Corridor Redevelopment Plan Page 3 Clarion Associates & HNTB • To restore the identity and character of 38"' Avenue as the City's original "Main Street." The findings and recommendations of this Corridor Redevelopment Plan aria. consistent with the land use patterns, goals and objectives identified in the IIIIIIIIIIIII11p III III 111 11 11 1� I SBUMBECE38M To strengthen the identity of 38 Avenue as the City's "Main Street". defined as being the center of cultural, entertainment 2nd economic activity, accessible by vehicle, transit and To promote a mixed-use development pattern designed to service the surrounding neighborhoods and community, to include a balanced mix of residential, retail and service businesses. NITIFIEFIRT; 11 1 1 111 1 III11MM ;� am= The 38" Avenue Corridor Redevelopment Plan Page 4 Clarion Associates & HNTB 38Th AVENUE URBAN RENEWAL AREA BOUNDARY MAP CITY OF WHEAT RIDGE Figure I x _ . 1111111111111111M i r , -, NTY CD f n U L � s ca 4 N s z Lu U m z oC C3 a� ca 4 N s z Lu U Ln z m ;L ca 4 N s z Lu U 5cale I" = 500' a \ NORTH 0 250 500 Legend Property Parcel Line5 Street Right of Way ■ Study Area v I L s J Ln V J s 43 4-1 L N Q z 5cale I" = 500' a \ NORTH 0 250 500 Legend Property Parcel Line5 Street Right of Way ■ Study Area v I L s J I • To encourage retention and enhancement of existing businesses while creating opportunities for new complimentary uses. • To encourage new development and redevelopment that is � I a. Demolition. The Authority may provide for the demolition and clearance buildings, structures and other improvements in the Redevelopment Area. • • Public Improvements. The Authority may cause, finance, or facilitate tr' design, installation, construction and reconstruction of any public improvements the Redevelopment Area. The 38' Avenue Corridor Redevelopment Plan Page 5 Clarion Associates & HNTB c. Land Acquisition. The Authority shall have the power to facilitate urban renewal activities in the Redevelopment Area by acquiring real property through condemnation proceedings pursuant to requirements and procedures established by the Urban Renewal Law, CRS §31-25-105(l)(e). The Authority shall have t-N.- ff-L MM•= The Authority shall prepare and implement relocation plans or policies before any business, family, tenant or individual is relocated. Such plans or policies shall M OEM= MMIMEW regard to public utilities and public and commercial facilities; at rents or prices within the financial means • such persons and families; into equally decent and The 38" Avenue Corridor Redevelopment Plan Page 6 Clarion Associates & HNTB Gateway /Entry Feature v n 1 t Community Commercial Node Possible Civic Presence Activity I d r.A �� Gateway /Entry Feature ai T W y 3 ac CY v 4A L N i. c. O I d r.A �� Gateway /Entry Feature ► ►fi to Imp, y a � y 4 Proposed Streetscape Improvements erciai Node N=WqT4q= in r v c / c N C Proposed 111 a q !y d IV E i0 3 ' z Mixed -Use U. N Development 2 Strong Neighborhood Residential Oriented Neighborhood Oriented Commercial Mixture of Auto - Oriented Business and Residential Conversions and Uses Focus Business Restaurants and Specialty Retail Mixture of scales (auto and pedestrian) and land uses Pedestrian scale Pedestrian Scale (5 () NX) 400 Figure 2 38th Avenue Land Use Concept Plan V1 V1 a c 3 i Z � 1n 1 L E � r V1 � A c Y N c i a: v ' c a V1 1% 3 do �+ a ► ►fi to Imp, y a � y 4 Proposed Streetscape Improvements erciai Node N=WqT4q= in r v c / c N C Proposed 111 a q !y d IV E i0 3 ' z Mixed -Use U. N Development 2 Strong Neighborhood Residential Oriented Neighborhood Oriented Commercial Mixture of Auto - Oriented Business and Residential Conversions and Uses Focus Business Restaurants and Specialty Retail Mixture of scales (auto and pedestrian) and land uses Pedestrian scale Pedestrian Scale (5 () NX) 400 Figure 2 38th Avenue Land Use Concept Plan profits which are reasonably and directly related to relocation for which compensation is not otherwise f. Other Techniques. Other redevelopment activities contemplated by this Corridor Redevelopment Plan may include changes to applicable zoning, land use and building code requirements. •r The 38" Avenue Corridor Redevelopment Plan Page 7 Clarion Associates & HNTB The 38 "' Avenue Corridor Redevelopment Plan Pape 8 Clarion Associates & HNTB neighborhood and community-oriented retail and service uses that are currently located along 3e Avenue, while maintaining residential housing as an important m For the purposes • presenting the recommendations of this Corridor Redevelopment Plan, the Redevelopment Area has been divided into three distinct subareas along • Avenue. Each subarea is described by certain common characteristics, followed by a summary of potential redevelopment activities that f "r The 38" Avenue Corridor Redevelopment Plan Page 9 Clarion Associates & HNTB th activity that could benefit existing and future businesses along 38 Avenue. Another major component of this subarea is the Wheat Ridge Cyclery, a specialty retail business that attracts clientele from the entire Denver region and beyond. A The King So•pers Shopping Center located at the northwest corner • Sherida M- J Boulevard and 38th Avenue anchors this end of corridor. It establishes a gatew The 38" Avenue Corridor Redevelopment Plan Page 10 Clarion Associates & HNTB 1111l;1lillil I iilllr; livill raff9m, =0 by encouraging redevelopment and building improvements for additional neighborhood and regional-serving businesses. Over time, as improvements occur., it may be appropriate for the auto-oriented businesses to relocate, allowing opportunities for businesses and uses that foster more pedestrian activity. FI T/S Land use within the Redevelopment Area shall conform to those uses (by right or titherwise) permitted by the City's adopted comprehensive plan, zoning code, and — • The approved Corridor Redevelopment Plan may be modified pursuant im requirements and procedures set forth in CRS §31-25-107 of the Urban Renewal Law governing such modifications. The 38" Avenue Corridor Redevelopment Plan Page 11 Clarion Associates & HNTB The 38" Avenue Corridor Redevelopment Plan Page 12 Clarion Associates & HNTB ""Irvirs A tract of land in the Southeast 1 /4of Section 23, the South Y;z of Section 24, the North V2of Section 25 ' and the Northeast 1 /4of Section 26, Township 3 South, Range 69 West, of the 6 Principal Meridian, more Ma rticularly described as follows: 0 2 C! 5 M 8 9 Thence NOVI 8'1 6'V a distance of 349.98 feet, on and along said West line of the Northeast 1 /4of Section 26 to the South V4Corner of Section 23, said South V4Corner also being the Point of Commencement. The tract of land as described above contains 3,190,072 square feet (73.234 acres), more or less. LI.M.-- Wheat Ridge Urban Renewal Authority, 7500 W. 29 Ave., Wheat Ridge, CO 80215- 6713, and is not to be construed as a monumented land survey. In