ORDINANCE NO. 4610
AN ORDINANCE EXPANDING THE BOUNDARIES OF THE GRAND JUNCTION, COLORADO DOWNTOWN DEVELOPMENT AUTHORITY
The Grand Junction, Colorado, Downtown Development Authority (“the Authority” or “DDA”) has adopted a Plan of Development (“Plan”) for the boundaries of the Authority. The Plan and boundaries were initially approved by the Grand Junction, Colorado, City Council (“the Council”) on December 16, 1981.
Pursuant to Section 31-25-822, C.R.S. and Article X of the Authority's Plan, the City has petitioned for inclusion of certain of its properties within the Authority’s boundaries. Some of the properties are split by the current Authority boundary and some have never been included with the DDA. In large measure the inclusion affected by this ordinance will serve to “clean up” the boundary and make mapping of the Authority boundary clearer.
The Board of the Authority reviewed the proposed inclusions and has determined that the boundary of the DDA should be expanded. With the expansion the Tax Increment Financing (“TIF”) district will be coterminous with the Authority boundary.
The Board of the Authority requests the Council’s approval to expand the Authority’s boundaries to include all properties included by reference in this ordinance and to expand the Authority to receive a portion or increment of ad valorem and sales taxes collected with the Plan area in accordance with State law, the Plan and other applicable law, rules or regulations.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION, COLORADO, that
1. The Council finds the existence of blight within the boundary of the Authority, within the meaning of Section 31-25-802(1.5), C.R.S.
2. The Council hereby finds and determines that the approval of the expansion of boundaries for the Authority and the Plan, as shown on the attached Exhibit A, will serve a public use; will promote the health, safety, prosperity, security and general welfare of the inhabitants of the City and of its central business district; will halt or prevent the deterioration of property values or structures; will halt or prevent the growth of blighted areas; will assist the City and the Authority in the development and redevelopment of the district and in the overall planning to restore or provide for the continuance of the economic health; and will be of specific benefit to the property to be included within the amended boundaries of the Authority and the TIF district.
3. The expansion of the Authority's boundaries, as shown on the attached Exhibit A, is hereby approved by the Council and incorporated into the Plan for TIF purposes. The Authority is hereby authorized to undertake development projects as described in the Plan and to act consistently with the Plan including, but not necessarily limited to, receiving and expending for development and redevelopment efforts a portion or increment of ad valorem and sales taxes generated in the area in accordance with Section 31-25-801, C.R.S.
4. The Council hereby requests that the County Assessor certify the valuation for the assessment of the new property included by this Ordinance within the Authority’s boundaries and the TIF district as of the date of the last certification. The City Financial Operations Manager is hereby directed to certify the sales tax receipts for the properties included in and described by the attached Exhibit A for the twelve (12) months prior to the inclusion.
5. Adoption of this Ordinance and amendment to, or expansion of the boundary of the Authority and the TIF District, does not, shall not and will not provide for or allow or authorize receipt or expenditure of tax increments without requisite statutory and Plan compliance.
6. If any provision of this Ordinance is judicially adjudged invalid or unenforceable, such judgment shall not affect the remaining provisions hereof, it being the intention of the City Council that the provisions hereof are severable.
INTRODUCED on first reading the 6th day of November, 2013 and ordered published in pamphlet form.
PASSED and ADOPTED on second reading the 20th day of November, 2013 and ordered published in pamphlet form.
/s/: Sam Susuras
President of the Council
ATTEST:
Stephanie Tuin
City Clerk
EXHIBIT A
Expanding the boundaries of the Grand Junction Downtown Development Authority
The boundaries of the Authority shall be expanded to include the following properties into the Plan of Development area within which tax increment financing is used:
Parcel Number Address Owner
2945-143-32-942 544 PITKIN AVE CITY OF GRAND JUNCTION
2945-143-32-949 509 UTE AVE CITY OF GRAND JUNCTION
2945-143-32-943 336 S 5TH ST CITY OF GRAND JUNCTION
2945-143-32-946 CITY OF GRAND JUNCTION
2945-143-32-947 524 PITKIN AVE CITY OF GRAND JUNCTION
2945-143-32-944 306 S 5TH ST CITY OF GRAND JUNCTION
2945-143-32-948 553 UTE AVE CITY OF GRAND JUNCTION
2945-143-32-941 CITY OF GRAND JUNCTION
2945-144-59-941 717 UTE AVE CITY OF GRAND JUNCTION
2945-144-59-942 727 UTE AVE CITY OF GRAND JUNCTION
2945-231-17-940 836 STRUTHERS AVE CITY OF GRAND JUNCTION
2945-231-17-941 919 KIMBALL AVE CITY OF GRAND JUNCTION
2945-231-17-948 912 STRUTHERS AVE CITY OF GRAND JUNCTION
2945-231-23-948 1220 S 7TH ST CITY OF GRAND JUNCTION
2945-231-17-942 758 STRUTHERS AVE CITY OF GRAND JUNCTION
2945-231-17-945 860 STRUTHERS AVE CITY OF GRAND JUNCTION
2945-231-17-947 818 STRUTHERS AVE CITY OF GRAND JUNCTION
2945-233-00-946 CITY OF GRAND JUNCTION
2945-233-00-948 641 STRUTHERS AVE CITY OF GRAND JUNCTION
2945-234-00-930 709 STRUTHERS AVE CITY OF GRAND JUNCTION
2945-234-11-941 725 STRUTHERS AVE CITY OF GRAND JUNCTION
2945-234-00-942 821 STRUTHERS AVE CITY OF GRAND JUNCTION
2945-234-00-952 755 STRUTHERS AVE CITY OF GRAND JUNCTION