Loading...
HomeMy WebLinkAboutItem 04 Resolution Ratifying Amend to Glenwood 3061481.1 042074 RSIND AGENDA ITEM SUMMARY Meeting Date: 5/21/2018 Meeting Type: Regular Meeting Staff Contact/Dept.: Nate Bell, Finance Staff Phone No: 541-726-2364 Estimated Time: Consent S P R I N G F I E L D C I T Y C O U N C I L Council Goals: Encourage Economic Development and Revitalization through Community Partnerships ITEM TITLE: RESOLUTION TO APPROVE AND RATIFY AN AMENDMENT TO THE GLENWOOD URBAN RENEWAL PLAN ACTION REQUESTED: ADOPT/NOT ADOPT A RESOLUTION APPROVING AND RATIFYING AN AMENDMENT TO THE GLENWOOD URBAN RENEWAL PLAN FOR REAL PROPERTY ACQUISITION ISSUE STATEMENT: The City Council is requested to approve a resolution approving and ratifying an amendment to the Glenwood Urban Renewal Plan, as specified within Sections 700.A.1 and 900.C of the Plan. This amendment identifies certain parcels for acquisition as described in Attachment 1, Exhibit A. ATTACHMENT: Attachment 1 – City Resolution Approving and Ratifying Amendment to Glenwood Urban Renewal Plan for Real Property Acquisition. DISCUSSION/ FINANCIAL IMPACT: The Glenwood Urban Renewal Plan requires that the City Council approve and ratify an amendment to the Plan for any acquisition of property for purposes outlined in section 700A of the Plan, including assembly of land for development by the public or private sector. The City and Urban Renewal Agency have begun the process of assembling key parcels for riverfront area redevelopment and improvements which are anticipated to be used in the implementation of both public and private sector redevelopment projects. On May 14, 2018, SEDA adopted a resolution to amend the Glenwood Urban Renewal Plan to include acquisitions of specific parcels, identified in Attachment 1, Exhibit A. Per the Glenwood Urban Renewal Plan, Sections 700.A.1 and 900.C, Council is required to approve and ratify the SEDA amendment by Council resolution. Council is asked to adopt the proposed resolution approving and ratifying the amendment to the Glenwood Urban Renewal Plan, specifying parcels for acquisition to be included in the Plan. CITY OF SPRINGFIELD, OREGON RESOLUTION NO. ___________ A RESOLUTION APPROVING AND RATIFYING AN AMENDMENT TO THE GLENWOOD URBAN RENEWAL PLAN FOR REAL PROPERTY ACQUISITION WHEREAS, the City Council approved the Glenwood Urban Renewal Plan by Ordinance No. 6103; and WHEREAS, the Glenwood Urban Renewal Plan authorizes SEDA to acquire real property to achieve the Plan’s objectives subject to sections 600.D, 700, 800 and 900 of the Plan; and WHEREAS, Section 700.A.1 of the Plan requires City Council ratification as well as SEDA approval, both as described in Section 900.C of the Plan, for SEDA acquisition for assembling land for development by the public or private sector; and WHEREAS, pursuant to Section 700.A.1 of the Plan, SEDA has amended the Plan to acquire 3 parcels of land in the riverfront area of the Glenwood Urban Renewal District, that are anticipated to be used for development by the public or private sector and that amendment is attached as Exhibit A to this Resolution (the “Amendment”). NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SPRINGFIELD, AS FOLLOWS: Section 1: The Council ratifies and approves the Amendment. Section 2: This Resolution will take effect upon adoption by the Council and approval by the Mayor. ADOPTED by the Common Council of the City of Springfield this ___ day of _________, ____, by a vote of _____ for and ____ against. _______________________ Mayor ATTEST: __________________________ City Recorder Attachment 1, Page 1 of 2 Attachment 1, Page 2 of 2