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HomeMy WebLinkAbout090 - 08/07/1979 - PROVIDING FOR THE ABOLISHMENT OF THE HISTORIC FORT COLLINS URBAN RENEWAL AUTHORITY v ORDINANCE NO 90 , 1979 OF THE COUNCIL OF THE CITY OF FORT COLLINS PROVIDING FOR THE ABOLISHMENT OF THE HISTORIC FORT COLLINS URBAN RENEWAL AUTHORITY WHEREAS, by resolution dated July 5, 1978, the Council of the City of Fort Collins did provide for the creation of the Historic Fort Collins Urban Renewal Authority, and WHEREAS, the express purpose of said Authority was to provide for urban renewal projects in that certain area of the community known as the "triangle" and bounded by College Avenue on the west, by Mountain Avenue on the south, and by the right-of-way of the Union Pacific Railroad on the northeast, and WHEREAS, it appears to the Council of the City of Fort Collins that Urban Penewal projects for the "triangle" area are not appropriate at this time and that the Historic Fort Collins Urban Renewal Aurhority has fully served its purpose, and WHEREAS, the Historic Fort Collins Urban Renewal Authority has not incurred any outstanding indebtedness or other obligations NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS Section l That the Historic Fort Collins Urban Renewal Authority be, and it hereby is, abolished Section 2 That said abolishment shall become effective six (6) months following the effective date of this ordinance Section 3 That prior to the effective date of this ordinance, it is the intention of the Council of the City of Fort Collins not to approve any urban renewal plans, projects or other activities or funding arrangements of the Historic Fort Collins Urban Renewal Authority Introduced, considered favorably on first reading, and ordered published this 24th day of July , A D 1979, and to be presented for final passage on the 7th day of August , A D 1979 P Ma ATTEST City Clerk Passed and adopted on final reading this 7th day of August, A D 1979 ATTEST /may Ci y Clerk -2-