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HomeMy WebLinkAboutORDINANCE 07-090 ORDINANCE NO.07-09 0 WHEREAS,on July 8,2009,an Initiated Ordinance Petition was filed with the Town Clerk;and WHEREAS, Sufficiency to the requisite number of WHEREAS, Petition. NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK,COLORADO,as follows: Section 1:The Estes Park Municipal Code shall be amended by the addition of Section 2.90,to read: Section 2.90.010 —Discretionary Districts and Authorities (a)Before the creation of any Urban Renewal Authority authorized under the Colorado Revised Statutes,the question of the creation of the same,shall first be submitted and approved at a regular or special election. (b)If approved at the special or general election required under Subsection (a)of this Section,the Town must comply with all applicable requirements set forth under the Colorado Revised Statutes. (c)An Urban Renewal Authority duly exiting at the time of the enactment of this Municipal Code Section 2.90.010 shall be abolished consistent with all applicable Colorado Revised Statutes and shall immediately take any and all necessary steps to wind down its operations and to provide adequate arrangements for payment of any outstanding indebtedness and other obligations within a reasonable period of time not to exceed six months. Section 2:This Ordinance shall take effect and be enforced thirty (30)days after its adoption and publication. On August 25,2009,the Board of Trustees of the Town of Estes Park,Colorado did not pass the ordinance,and by state statute 31-11-104 have referred the initiated ordinance to the registered electors at a special election on January 12, 2010. on August 25,2009,the Town Clerk issued a Statement of Town Board stating that the Initiated Ordinance Petition has the signatures;and the Board of Trustees have reviewed the Initiated Ordinance