Revitalization Commission Agenda and Packet 2014 08 11

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Revitalization Commission Minutes June 30, 2014 Page 3 of 5 Urban Revitalization Consulting was hired to see if blighting conditions exist at 550 S. McCaslin Blvd. Austin Patten, representing Urban Revitalization Consulting was at the meeting to present the findings. Mr. Patten discussed there are eleven blight factors identified in the Colorado Revised Statutes . Those factors were listed in the June 30, 2014 LRC packet. Mr. Patten reported the survey consisted of a physical visit to the site, collection of data from various sources, and other investigations. Mr. Patten reported of the 11 blight factors, 4 were found: 1. Faulty layout in relation to size, adequacy, accessibility or usefulness It is a very large facility. Any effort to partition the building is very difficult. It is narrow and deep rather than shallow and wide. 2. Deterioration of site or other improvements The site has been unused for 4 years. Minimal maintenance has taken place. 3. Defective or unusual conditions of title rendering the title nonmarketable Restrictive covenants have made the property very nonmarketable and difficult to reposition. 4. The existence of health, safety, or welfare factors requiring high levels of municipal services or substantial physical underutilization or vacancy of sites, building, or other improvements A church meets in the building ½ day per week. It was originally constructed as a high volume building. The church does not represent full utilization of the building. Commissioner Tofte asked how covenants are changed. Attorney Light responded that the covenants themselves usually include a provision discussing the procedures and voting requirements for amendments. Commissioner Menaker would like LRC to have a copy of the original covenants Commissioner Fisher said the building seems to have very little value and asked if it would be demolished. DeJong replied it is premature to have that discussion.