City Council Agenda and Packet 2015 09 01

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L CN 44_ Louisville COLORADO • S1NC N - CITY COUNCIL COMMUNICATION AGENDA ITEM 8C SUBJECT: DATE: PRESENTED BY: PUBLIC HEARING — 550 SOUTH MCCASLIN URBAN RENEWAL PLAN 1. RESOLUTION NO. 58, SERIES 2015 — A RESOLUTION APPROVING THE 550 SOUTH McCASLIN URBAN RENEWAL PLAN, DESIGNATING SUCH AREA AS APPROPRIATE FOR URBAN RENEWAL PROJECTS PURSUANT TO THE 550 SOUTH MCCASLIN URBAN RENEWAL PLAN, AND FINDING THAT THE ACQUISITION, CLEARANCE, REHABILITATION, CONSERVATION, DEVELOPMENT, REDEVELOPMENT OR A COMBINATION THEREOF OF SUCH AREA IS NECESSARY IN THE INTEREST OF THE PUBLIC HEALTH, SAFETY, MORALS, AND WELFARE OF THE CITIZENS OF THE CITY OF LOUISVILLE (Public hearing notice published Daily Camera July 14, 2015) 2. RESOLUTION NO. 59, SERIES 2015 — A RESOLUTION APPROVING AN AMENDED AND RESTATED COOPERATION AGREEMENT BETWEEN THE CITY OF LOUISVILLE AND THE LOUISVILLE REVITALIZATION COMMISSION SEPTEMBER 1, 2015 AARON DEJONG, ECONOMIC DEVELOPMENT SUMMARY This matter is a continuation of the Public Hearing held on August 18, 2015 regarding the proposed 550 South McCaslin Urban Renewal Plan. In addition to the information contained in the Council Communication for that meeting (which is included starting on page 4 of this Communication) staff has included the following new information and /or made the following changes to the materials: The intent of the Urban Renewal Plan adoption is not to require condemnation, but instead to make eminent domain authority available to the LRC, subject to applicable provisions of the Urban Renewal Law and the provisions of the proposed Urban Renewal Plan and Cooperation Agreement. To clarify this intent, staff has revised certain sections of the Urban Renewal Plan as follows: Last sentence of Section 1.1 amended to say, "The administration of this project and the enforcement and execution of this Plan are activities performed by the Louisville Revitalization Commission ( "LRC ")." COUNCIL COMMUNICATION 49