HomeMy WebLinkAbout07/14/2011 - Midtown Urban Renewal Plan - Economic Advisory Commission
Financial Services
300 LaPorte Ave
PO Box 580
Fort Collins, CO 80522
970.221.6505
970.224.6107 - fax
fcgov.com
M E M O R A N D U M
To: Mayor Weitkunat and Councilmembers
From: Economic Advisory Commission (EAC)
Bill Timpson, Chair
CC: Darin Atteberry, City Manager
Mike Freeman, Chief Financial Officer
Date: July 14, 2011
Subject: Recommendation on Midtown Urban Renewal Plan
In May and June 2011, the Economic Advisory Commission reviewed information regarding the
proposed Urban Renewal Plan for Midtown including Plan objectives, authorized activities, tax increment
districts, project financing, and conformance with City Plan. Blight factors, current economy, and timing
were discussed in depth and feedback was provided by the South Fort Collins Business Association
(SFCBA). After thorough discussion, the Economic Advisory Commission developed the following
recommendation for your consideration.
Kevin Shaw moved and Stu MacMillan seconded the following motion:
The Economic Advisory Commission recommends to City Council approval of the Midtown Urban
Renewal Plan to create a new urban renewal plan area within the City of Fort Collins.
Motion passed 5 - 0