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HomeMy WebLinkAboutP3Jresolution031604.doc Resolution No. 12 Series of 2004 A RESOLUTION FOR APPROVing THE P-3 & J Reinvestment PLAN AND FINDING THAT THE P-3 & J URBAN RENEWAL AREA IS A BLIGHTED AREA, DESIGNATING SUCH AREA AS APPROPRIATE FOR AN URBAN RENEWAL PROJECT PURSUANT TO THE URBAN RENEWAL PLAN, AND FINDING THAT THE ACQUISITION, CLEARANCE, REHABILITATION, CONSERVATION, DEVELOPMENT, REDEVELOPMENT OR A COMBINATION THEREOF OF SUCH AREA IS NECESSARY IN THE INTEREST OF THE PUBLIC HEALTH, SAFETY, MORALS, AND WELFARE OF THE CITIZENS OF THE TOWN OF VAIL. WHEREAS, an urban renewal plan for the P-3 & J Area has been submitted to the Town Council of the Town of Vail for appropriate action pursuant to Part 1 of Article 25 of Title 31, C.R.S.; and WHEREAS, the P-3 & J Area which is subject to the P-3 & J Reinvestment Plan is described in Figure 1 of the P-3 & J Reinvestment Plan; and WHEREAS, the Town Council of the Town of Vail adopted the Vail Village Master Plan and the Vail Village Streetscape Plans which are components of the Vail Comprehensive Plan, and WHEREAS, the P-3 & J Reinvestment Plan has previously been submitted to the Town of Vail Planning and Environmental Commission for its review and recommendations as to conformity with the Vail Comprehensive Plan pursuant to C.R.S. §31-25-107(2); and WHEREAS, the Town of Vail Planning and Environmental Commission has determined that the P-3 & J Reinvestment Plan does conform to the Vail Comprehensive Plan; and WHEREAS, no property in the P-3 & J Urban Renewal Area has been included in an urban renewal plan previously submitted to the Town Council of the Town of Vail; and WHEREAS, the Town Clerk of the Town of Vail has published the notice of the time, place, and purpose of the public hearing to consider the adoption of the P-3 & J Reinvestment Plan in the Vail Daily in conformance with C.R.S. §31-25-107(3); and WHEREAS, the Town Council of the Town of Vail has provided written notice of the public hearing to consider the adoption of the P-3 & J Reinvestment Plan to property owners, residents, and business owners within the proposed P-3 & J Urban Renewal Area at their last known addresses in conformance with C.R.S. §31-25-107(4)(c); and WHEREAS, the Eagle County Commissioners have received notification of and copies of the P-3 & J Reinvestment Plan as well as such additional information as is required by C.R.S. §31-25-107(3.5); and WHEREAS, the Eagle County School District has received notification of and copies of the P-3 & J Reinvestment Plan and has been given an opportunity to participate in an advisory capacity; and WHEREAS, no more than one hundred twenty days have passed since the commencement of the first public hearing of the urban renewal plan. WHEREAS, the Town Council of the Town of Vail has considered the P-3 & J Reinvestment Study prepared by URS Corporation and the proposed Lionshead Urban Renewal Plan; and WHEREAS the Vail Town Council believes that any condemnation by the Vail Reinvestment Authority should be undertaken with the concurrence of the owner of the underlying fee interest; and WHEREAS, Town Council of the Town of Vail has conducted a public hearing and considered the public testimony received. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF VAIL THAT: 1. Blight, as defined by C.R.S. §31-25-103(2), is present in the P-3 & J Urban Renewal Area as documented by the P-3 & J Reinvestment Study prepared by URS Corporation and based on evidence presented at the public hearing and as reflected in the P-3 & J Reinvestment Plan. The following blight factors are present in the P-3 & J Urban Renewal Area: Defective or unusual conditions of title rendering the title unmarketable. Restrictive covenants controlling uses on the certain properties and other conditions of title impair the redevelopment of key parcels in the Plan Area. 2. Pursuant to C.R.S. § 31-25-1-3(2)(l), the owners of Lots P-3 & J, Vail Associates Holdings Ltd., and the Town of Vail, has advised the Town Council that it does not object to the designation of blight for the Plan Area based the presence of one blight condition. 3. The P-3 & J Urban Renewal Area as shown in Figure 1 of the P3 & J Reinvestment Plan is a blighted area and is appropriate for an urban renewal project pursuant to Part 1 of Article 25 of Title 31, C.R.S. 4. The boundaries of the P-3 & J Urban Renewal Area have been drawn as narrowly as feasible to accomplish the planning and development objectives for the P-3 & J Urban Renewal Area. 5. The P-3 & J Reinvestment Plan conforms to the Vail Comprehensive Plan, which is the general plan for the development of the Town of Vail. 6. There exist feasible methods for the relocation of individuals and families and business concerns in accommodations or areas suitable for their relocation and meeting the required standards under C.R.S. . § 31-25-107 (4) (a) and (b). 7. The P-3 & J Reinvestment Plan will afford maximum opportunity, consistent with the sound needs of the Town of Vail as a whole, for the rehabilitation or redevelopment of the P-3 & J Reinvestment Plan consistent with the Comprehensive Plan by private enterprise. 8. The acquisition, clearance, rehabilitation, conservation, development or redevelopment or a combination thereof of the P-3 & J Urban Renewal Area pursuant to the P-3 & J Reinvestment Plan is necessary in the best interests of the public health, safety, morals, and welfare of the citizens of the Town of Vail. 9. The P-3 & J Reinvestment Plan is hereby approved. INTRODUCED, READ, APPROVED AND ADOPTED this 16th day of March, 2004. __________________________________ Rodney Slifer, Mayor, Town of Vail ATTEST: Lorelei Donaldson, Town Clerk, Town of Vail F:\Users\cdev\RUSS\Projects\Lionshead\TIF\TIF Legal Docs\P3&J\P3Jresolution031604.doc 3 3 MUR\58179\435461.01