Resolution 2006-37 - Laserfiche WebLink

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Policy CS-2.4: Development patterns are planned with the consideration of the alignment and location of exiting and future public facilities and infrastructure. The Commission, with the cooperation of the City, private enterprise and other public bodies, will undertake projects and activities described in this Plan in order to eliminate the conditions of blight identified in the Conditions Survey while implementing the Comprehensive Plan. 4.0 Land Use Plan and Plan Objectives 4.1 General Description The Urban Renewal Area includes 265 parcels and comprises approximately 200 acres. The boundaries of the Area generally include properties west of Highway 42, contiguous to and north of South Boulder Road, north of Elm Street, and east of Main Street to South Street and east and west of Main Street between South Street and approximately Elm Street. The vision for revitalization of the area is creation of high quality developments which integrate a range of residential and non-residential uses supported by strategic public improvements to facilities, parking, and infrastructure improvements within and adjacent to the Plan boundaries. A combination of uses is proposed all of which will further promote redevelopment of the Area as an enclave with densities comparatively higher than other existing residential neighborhoods in the community. Existing conditions present within the Area will be remedied by the proposed Plan, but will need to first be identified as a priority public investment item by the Commission in consultation with the City and the community. Improvements will be partially funded by tax increment revenues. Creation of special districts or other financing districts to serve as supplemental funding sources is also possible. Several images representing the character and quality of what is envisioned are presented on the following page. G: \ COUNClL \ Agreements \ 2006 \ Hwy 42 Urban Renewal Plan Final.doc 18