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HomeMy WebLinkAbout2021 Ordinance No. 041 1 BY AUTHORITY ORDINANCE NO. 41 COUNCIL BILL NO. 39 SERIES OF 2021 INTRODUCED BY COUNCIL MEMBER OLSON AN ORDINANCE APPROVING AND AUTHORIZING THE ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY (EDDA) PLAN OF DEVELOPMENT WHEREAS, the City Council of the City of Englewood approved the formation of a Downtown Development Authority pursuant to section 31-25-801 et. seq., of the Colorado Revised Statutes ("C.R.S."); WHEREAS, the Englewood Downtown Development Authority ("EDDA") was formed by the passage of Ordinance No. 25, Series 2020, and approved by the voters in November 2020; WHEREAS, the EDDA was formed and approved for the purpose of promoting the cohesive improvement and redevelopment of the downtown area of the City of Englewood; WHEREAS, pursuant to 31-25-807(2)(f) C.R.S the EDDA Board in cooperation with the Community Development Department may develop long- range plans to carry out the purposes of the authority as set forth in section 31-25- 801 C.R.S., and to promote economic growth of the district; WHEREAS, on July 7, 2021, the Englewood Planning and Zoning Commission was presented with the Englewood Downtown Plan and recommended approval by the Englewood City Council; WHEREAS, subject to 31-25-807(3)(a) C.R.S. the governing body is charged with approving the plan of development as originally adopted by the Board, and as later modified by the Board; WHEREAS, the EDDA Board approved Resolution No. 6, Series of 2021 along with Exhibits 1 and 2, which together comprise the Englewood Downtown Plan (the "Plan") and recommended the proposed Plan to the City of Englewood on June 23, 2021; WHEREAS, the Englewood City Council held a public hearing on the Plan on August 16, 2021, wherein staff was directed to bring back an ordinance for City Council approval; DocuSign Envelope ID: 2A2C6C05-2866-4340-8449-F4DF28C03A87 2 WHEREAS, the Plan defines three sub-areas within the downtown development area: 1) the Englewood Station-CityCenter District, 2) the South Broadway Main Street District, and 3) the Medical District area around Craig Hospital and Swedish Medical Center (each a "Sub-Area"); WHEREAS, the Plan activates collection of TIF in two of three Sub-Areas and treats sales tax increment and property tax increment separately; WHEREAS, more particularly, the Plan authorizes collection and use of tax increment financing via sales tax increment in the South Broadway Main Street and Medical District Sub-Areas, and authorizes collection and use of TIF via property tax increment in the Medical District Sub-Area; and WHEREAS, no mill levy increase is planned at this time. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, THAT: Section 1. Subject to 31-25-807(4)(d) C.R.S. the Englewood City Council may approve a plan of development if it finds there is a need to take corrective measures in order to halt or prevent deterioration of property values or structures within the plan of development area or to halt or prevent the growth of blighted areas therein, or any combination thereof, and if further finds that the plan will afford maximum opportunity, consistent with the sound needs and plans of the municipality as a whole, for the development or redevelopment of the plan of development area by the authority and by private enterprise. Section 2. Additional City Council approval of an amendment to the Plan and voter approval would be required if imposition of an additional mill levy throughout the downtown development area were to be sought. Section 3. The findings required by state law, as outlined in Section 1, above, are hereby made, and the Englewood Downtown Development Plan attached hereto as Exhibit A, is hereby accepted and approved by the Englewood City Council. Introduced, read in full, and passed on first reading on the 7th day of September, 2021. Published by Title as a Bill for an Ordinance in the City’s official newspaper on the 10th day of September, 2021. Published as a Bill for an Ordinance on the City’s official website beginning on the 9th day of September, 2021. DocuSign Envelope ID: 2A2C6C05-2866-4340-8449-F4DF28C03A87 3 Read by Title and passed on final reading on the 20th day of September, 2021. Published by Title in the City’s official newspaper as Ordinance No. 41, Series of 2021, on the 23rd day of September, 2021. Published by title on the City’s official website beginning on the 22nd day of September, 2021 for thirty (30) days. This Ordinance shall take effect thirty (30) days after publication following final passage. Linda Olson, Mayor ATTEST: Stephanie Carlile, City Clerk I, Stephanie Carlile, City Clerk of the City of Englewood, Colorado, hereby certify that the above and foregoing is a true copy of the Ordinance passed on final reading and published by Title as Ordinance No. 41, Series of 2021. Stephanie Carlile DocuSign Envelope ID: 2A2C6C05-2866-4340-8449-F4DF28C03A87