HomeMy WebLinkAbout1983 Resolution No. 047I
RESOLUTION NO. ..t/ 1
SERIES OF 1983 --
A l!ESOI.UTION AMENDING THE PUBLIC IMPROVEMENT FUND.
WHEREAS, t he City Council of th e City o( l(n g lcwood, Co lorado
a do pted the EnglewuocJ Uuwntown lh::dt!vclopmcnt l'lun on AuMu i:it: :lJ, 198:l, anJ
WHEREAS, the City Council of the City of Englewood determine d
that any property acquisition and related activities necessary for the
implementation o f ••id Plan should be accomplished by t hn Eng lewood Urh nn
ltencwul Authority, and
WHER EAS I the Engl ewood Urban Renewal Autho r i ty ha s in it lated
.ippraisals of proper ties east of Broadway that are required for the next
ph :,s e: uf Litt le Dry re::e k , and
WII ER !:,\S 1 ,n a rlditional $2 00,000 is requested fo r acqui HL Llo n uf
prrip :-1 i,.; .. nJ e asemen t s along Little Dry Crt!ck l><'tWt'lm South Urom l way anti
,: ,cJ11 !J tn·c t,
:.,)\/, THEl .:i:r-01n:I n1;: lT RESOL VED b y the Ci ty Council o f thl' Cit y
l..1;, ,1 1ud 1 Co lo1 .1d o 1 that:
ATTEST :
Sec tion l.
The following appropriation of funds is hereby made in the
Pub 1 ic I mp rovement Fund.
App lica tion of Funds,
Little Dry Creek (PIF)
Engl ewood Urban Renewal Authority
Sect ion 1.
$(200 ,000 .)
$ 200,000.
The City Manager and Director of Finance are hereby authorized
to make the above changes to the 1983 budget o f t lw City of
Eng l ewood.
AD OPTE D AND APPROVED THIS
C O U N C I L C O M M U N I C A T I O N
DATE AGENDA ITEM SUBJECT
Sl!p tcmbe r 27 1 198) ~(, IU-:SOl,U'l'lUN AMl (NIJfN(: 1'1 F
!N!T!ATED BY Urb a n Renewa l Autho rity
ACTION PROPOSED Transfer of $20 0 ,000 from the City l'lr t o the Urban Ren ewal
Authority to purchase property and easements east o f Broadway tha t a re are r e quired
f o r the LiL t ll: Ory Cr c l!k projec t,
l i:TROIJUC:Tl O!, AND ilAC KG ROUNO ,
C i.t y Coun c il adl"l')Lld t h t-Eng l ewood Downtown Redevelo pm e n t Pinn (Ur han Rc!1H!wul \'I o n) 1111
1':ugu s t :n 1 '11-'t ?, 11 d 1u,\:11 th•<l that Pl nn o n December 2 1, 11J8 2. I t h.1 -. l,1·1·11 Lill! l'X p fc h ',""
i.le •.l.r ,· 1 f l .,1 1n c ll fur t h e Urban Renewa l Autho r ity tn lu · th 1• l 1·:1d ;q•,1•1wy in tl h·
1 that I' L.111 .in ti f u r L' U rh u 11 l<<·nc:w :1 I ;\11 l 11 ,11 1 l / t •.1 u11.ll·1 Lall t• I .111 ,I
1 1 1-. I t ics 1·1L .1t f 11rtlie r , .~ v.o.i l s of r h l· !'l.11 1.
111 \1 .i l •\11t i1.r ,t y 11:1.•, 1 u ntr;11·t,•d with ;111 o1 pp r :1 h .il l'i n 11 1 11 ,1 1•1•1 1 1 , 1!,,· 1o1 "i'
,:,1 ~L uf J:ruatlw.:..iy wlLi.c li an.! requir eU f or the nexL phas e ur t ltc L i.L L !,· llt y l.n.;c k
1 fi.o od co ntrol proj ect. The Ci ty Co un c il h ad previously tran sf e rre d $300 ,000 t o th e
Ll rban Renewal Aut ho rity to b ~g in the s e a cquisition e ffor ts . An addit i onal $200,000
is r equired to comp let e t he a c q ui s i t i on and the purc has e o f ea s em ent s f r om ll roudway t o
Cl a r kson alon g Li ttl e Dry Cr eek .
!tEC OMME Nll AT I v,,
l t i s r e comme n ded that the Ci ty Co u nc i l app r ove t he Re s olut ion amending the Pu bl i c
Improvemen t Fu nd which tra nsfers $200,000 t o t he ll rt.an Renewal Authority for a c qu i!ii -
t i on o f prope rt y e a s t o f Br o a dwa y.
The Ur ba n Renewa l Author ity was c c.i n tacted in a telephone s urve y a nd approved the
Resolu tion reque s tiny t he f und t r a n sfr.!r.