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HomeMy WebLinkAboutResolution-1987-1051 RESOLUTION 1051 SERIES OF 1987 TITLE: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WHEAT RIDGE, COLORADO, REGARDING MODIFICATIONS OF THE WADSWORTH TOWN CENTER URBAN RENEWAL PLAN AND FINDING AND DECLARING THAT SUCH PROPOSED MODIFICATIONS CONSTITUTE A SUBSTANTIAL CHANGE TO SUCH PLAN WHEREAS, the Economic has submitted to the modify the Wadsworth proposed modifications Resolution; and Development And Revitalization Commission Ci ty council a request that the Council Town Center Urban Renewal Plan, which are summarized on the attachment to this WHEREAS, the Council has been advised by staff and consultants, and has determined that the proposed modifications constitute a substantial change to the Plan, as provided in Part 1, Article 25, Title 31, Colorado Revised Statutes, (the Urban Renewal Law); and WHEREAS, in accordance with the Urban Renewal Law, the proposed modifications shall be submitted to the Wheat Ridge Planning Commission for a determination as to whether such modifications are in compliance with the city's Master Plan. NOW, THEREFORE, BE IT RESOLVED, THAT: 1. The modifications proposed by the commissioners of the Economic Development and Revitalization commission substan- tially change the Wadsworth Town Center Urban Renewal Plan. 2. The Planning Commission shall review the proposed modifica- tions for a determination as to conformance with the city of Wheat Ridge Master Plan. 3. A public hearing shall be held before the City council regarding such modifications on the 28th day of September, 1987, at 7:30 p.m., or as soon thereafter as the matter may be heard, in the Council Chambers of the Municipal Building, 7500 West 29th Avenue, Wheat Ridge, Colorado. 4. Notice of such hearing shall be provided in accordance with the Urban Renewal Law. DONE AND RESOLVED this 14th day of September, 1987. AT~~SJ': _ Ii , ( _./..- I:, L .:,.L.... .Ie Wanda Sang, / i , , '-~' ,/ t-/L ' Citycleri " \'--.,"A.." u. /;.jz:L..z. Frank Stites, Mayor SUMMARY OF MODIFICATIONS TO THE WADSWORTH TOWN CENTER URBAN RENEWAL PLAN Definition and emphasis on Phase Two of the redevel- opment program. Direct role of city and EDARC in effecting develop- ment in Phase Two of the project. Identification of specific areas for acquisition and private development. Emphasis upon the use of the contract with the developer to control the redevelopment project. Detailed legal description of the boundaries of the redevelopment area. Clarification of the purposes of the project. specification of the powers of state law conferred upon EDARC. Inclusion of more specific provisions regarding relo- cation as required by state law. Detailed provisions regarding the use of tax incre- ment financing by EDARC. Amendment of the Master Plan for the Wadsworth Town Center, and inclusion of same in the urban renewal plan.