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HomeMy WebLinkAbout1978-053-07/05/1978-SETTING FORTH CERTAIN INTENTIONS OF THE COUNCIL IN CONNECTION WITH THE PROPOSAL TO FORM AN URBAN REN R s RESOLUTION 78-53 OF THE COUNCIL OF THE CITY OF FORT COLLINS SETTING FORTH CERTAIN INTENTIONS OF THE COUNCIL IN CONNECTION WITH THE PROPOSAL TO FORM AN URBAN RENEWAL AUTHORITY WHEREAS, pursuant to Part I, Article 25, Title 31 of the Colorado Revised Statutes the City Council has heretofore received a petition setting forth a need for an Urban Renewal Authority in the City, and WHEREAS, the City Council desires to establish an Urban Renewal Authority for the purpose of eliminating urban blight in certain areas of the City and to restore and renovate said areas, and WHEREAS, the Urban Renewal Authority must be created in accor- dance with State Statutes pertaining thereto and said Statutes would allow an Urban Renewal Authority to exist indefinitely and further to accomplish many different urban renewal projects, and WHEREAS, the Council desires to set forth its intentions with regard to the establishment of an Urban Renewal Authority for the City NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS Section 1 The City Council hereby declares its intention to create an Urban Renewal Authority for the purpose of undertaking an urban renewal project for that area in the City 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 Pacrfic Railroad on the northeast Section 2 The City Council does not intend to utilize said Urban Renewal Authority to undertake any urban renewal project other than that anticipated for the "Triangle" area Section 3 It is not the intention of the City Council in adopting this resolution to bind future City Councils of the City to any course of action, and the City Council recognizes that it could not purport to limit the Authority of future Councils in this manner The City Council does, however, desire that its intentions in proposing the formation of an Urban Renewal Authority be made a matter of public record and, therefore, this resolution is adopted Passed and adopted at a regular meeting of the City Council held this 5th day of July, A D 1978 M - ATTEST Z-1�61 Mty C erk -2•