Loading...
HomeMy WebLinkAbout1982-07-19 EDDA MINUTES• BRADFORD PUBL I SH I NG CO., DENVER RECORD OF PROCEEDINGS ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY 3535 So. Sherman -Englewood, CO 80110 BOARD OF DIRECTORS SPECIAL MEETING Monday, July 19, 1982 • Board Members Present: Close, Coleman, Gasson, Holthaus, Kaufman, Maxwell, Pendleton Board Members Absent: Bush, Mausolf, Neal Owens Staff Present: M. Haviland, P. Dietrich Guests: John Pearce, J. D. Pearce, Dick Green, Loring Harkness, III. Chairman Gasson called the Special Meeting to order at 8:14 AM on July 19, 1982. Mr. Harkness presented a draft of the resolution. Mr. Close moved, seconded by Mr. Coleman, that the following Resolution be adopted: R E S O L U T I O N WHEREAS, The Englewood Urgan Renewal Authority (the EURA) has submitted an urban renewal plan (the Plan) to the City Council (the Council) of the City of Englewood (the City), which has referred the Plan to the Planning and Zoning Commission (the Commission) for public hearing and comment; and WHEREAS, a public hearing on the Plan was held on July 7, 1982, and continued to July 20, 1982; and WHEREAS, at the public hearing on July 7, 1982, the Englewood Downtown Development Authority (the EDDA) submitted a resolution opposing the Plan (the Resolution); and WHEREAS, in response to the Resolution the EURA has proposed certain amendments to the Plan; and WHEREAS, the EDDA has reviewed said amendments and believes that with certain additional revisions the Plan may be recommended for approval to the Commission and the Council as both an urban renewal plan within the meaning of Part 1 of Article 25 of Title 31, C.R.S. 1973, as amended and as an amendment to a plan of development within the meaning of Part 8 of Article 25 of Title 31, C.R.S. 1973, as amended, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE ENGLEWOOD D™N- TOWN DEVELOPMENT AUTHORITY AS FOLLOWS: 1. The Resolution is hereby withdrawn and replaced hereby. 2. The EDDA hereby adopts the Plan as an amendment to its plan of develop- ment heretofore adopted and approved in accordance with Part 8 of BRADFORD PUBLI S H I NG CO., DENVER RECORD OF PROCEEDINGS Page Two EDDA Board of Directors Special Meeting July 19, 1982 Article 25 of Title 31, C.R.S. 1973, as amended, and recommends approval of the Plan to the Commission and the Council as a joint urban renewal plan - plan of development in accordance with Parts 1 and 8 of Article 25 of Title 31, C.R.S. 1973, as amended, subject to the following conditions: a. The amendments to the Plan as heretofore proposed by the EURA shall be incorporated therein along with any other similar revisions as shall be necessary to give effect to the intent and purpose thereof. b. The plan of development heretofore adopted by the EDDA and approved by the Council shall be incorporated by reference into the Plan and shall become an integral part thereof. c. The EDDA specifically reserves approval of any part of the Plan relating to the Little Dry Creek Project pending additional public discussions and consideration by the City, the EURA, and the EDDA and satisfaction of the conditions contained in the Resolution of the EDDA, dated April 28, 1982, attached heretofore. d. The approval by the Council of the Plan as amended as a joint urban renewal plan -plan of development shall be without prejudice to the statutory powers of either the EURA or the EDDA. Responsibility for implementation of the Plan shall rest jointly with the City, the EURA, and the EDDA to the extent of their respective statutory powers. Critical decisions concerning implementation of the Plan shall be made only upon the concurrence of the City, the EURA, and the EDDA, unless otherwise provided in a Tri-Party Agreement (the Agreement) hereafter to be nego- tiated and executed by the City, the EURA, and the EDDA. Pursuant to the Agreement, the parties thereto shall provide for an efficient allocation of roles and responsibilities to aid in the implementation of the Plan. The Agreement shall provide that until the Council shall determine other- wise, responsibility for financial public improvements within the urban renewal -plan of development area shall rest with the EURA. However, the Plan shall be revised prior to its approval and the ordinance of the City Council approving the Plan and creating the Tax Increment Fund (the Fund) shall be drafted, to permit the Fund to be pledged, either by the EURA or by the City, acting in cooperation with the EDDA, for the payment of any bonds issued to fina~ce any such public improvements. The Agreement shall be executed prior to approval of the Plan by the Council. Following initial approval of the PLAN by the Council, the Plan shall be amended from time to time as necessary to conform to the Agreement. e. Revisions to the Plan necessary to give effect to the intent and meaning hereof shall be made only upon approval by Counsel for the EDDA. The motion was passed unanimously by voice vote. There being no further business, the meeting adjourned at 9:35 AM. REspectfully submitted,