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RESOLUTION NO. 37 SERIES 2006 A RESOLUTION MAKING LEGISLATIVE FINDINGS AND APPROVING THE URBAN RENEWAL PLAN FOR THE HIGHWAY 42 REVITALIZATION AREA WHEREAS, by Resolution No. 36, the City Council found and declared the area described therein (the Area) to be a blighted area as defined in the Colorado Urban Renewal Law, Sections 31- 25 -101, et seq., C.R.S. (the Law), and appropriate for inclusion in an urban renewal project; and WHEREAS, it is desirable and in the public interest that the Louisville Revitalization Commission (the Commission) undertake the redevelopment activities described in the Highway 42 Revitalization Area Urban Renewal Plan dated August 2006 (the Plan) for the Highway 42 Revitalization Area Project (the Project), which Plan is attached hereto as Exhibit A and by this reference made a part hereof; and WHEREAS, approval of the Plan will facilitate the elimination and prevention of blighted areas and promote the redevelopment, conservation, and rehabilitation of the Area; and WHEREAS, the Plan is a matter of public record in the custody of the City Clerk, and is available for public inspection during business hours of the City; and WHEREAS, commencing on August 15, 2006, the City Council conducted a public hearing and reviewed the Plan pursuant to the procedural and notice requirements of the Law; and WHEREAS, notice of the public hearing on the Plan was published as required by Section 31 -25- 107(3), C.R.S., at least thirty days prior to the public hearing, such publication being made in the Daily Camera on July 9 and July 16, 2006; and WHEREAS, written notice of the public hearing was mailed and was additionally hand delivered to each property owner, business, and resident of the Area included in the Plan informing them of the public hearing at least thirty days prior to the public hearing; and WHEREAS, by adoption of its Resolution No. 21, Series 2006, the Louisville Planning Commission has found that the Plan conforms with the City of Louisville Comprehensive Plan 2005 Update, and the Highway 42 Revitalization Area Comprehensive Plan subarea plan, and has recommend City Council approve such Plan; and WHEREAS, the City Council having considered the evidence presented in support of and in opposition to the Plan, the Conditions Survey, and staff recommendations and so having considered the legislative record and given appropriate weight to the evidence, NOW, THEREFORE, BE IT RESOLVED ORDAINED BY THE CITY COUNCIL OF THE CITY OF LOUISVILLE, COLORADO: 1