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22-89aTOWNOFESTESPARK,COLORADORESOLUTIONNO.22-89ARESOLUTIONMODIFYINGTHEESTESPARKDOWNTOWNREDEVELOPMENTPROGRAMTOINCLUDEADDITIONALREALPROPERTYWITHINTHEREDEVELOPMENTAREA,FINDINGTHEEXISTENCEOFBLIGHTTHEREIN,ANDTHENEEDFORTHEDEVELOPMENT,REDEVELOPMENTANDREHABILITATIONOFSAIDAREA.WHEREAS,ithasbeenproposedthattheBoardofTrusteesoftheTownofEstesParkmodifytheEsteeParkDowntownRedevelopmentProgram(Plan)byincludingthepropertydescribedonExhibitAheretoandincludedhereinwithintheDowntownRedevelopmentAreaaspartoftheurbanrenewalarea(RedevelopmentArea)withintheTownofEsteePark;andWHEREAS,ithasbeendeterminedthattheproposedmodificationtothePlanissubstantial;andWHEREAS,inaccordancewiththeUrbanRenewalLawoftheStateofColorado,asubstantialchangetoanurbanrenewalplanmustbereviewedpursuanttoapublichearingbeforetheTownBoard;andWHEREAS,requirednoticeofthepublichearingregardingtheproposedmodificationtothePlanhasbeenlawfullymadeandapublichearingthereonhasbeenheld;andWHEREAS,evidencehasbeenpresentedtotheTownBoardthatthepropertytobeincludedwithintheRedevelopmentAreacontainselementsofblightasdefinedbyColoradolaw;andWHEREAS,theinclusionofthesubjectpropertywithintheRedevelopmentAreawouldaccomplishthedevelopment,redevelopmentandrehabilitationoftheblightedarea,sothattheareacanbedevelopedorredevelopedtoprovideasaferandmoreusefulenvironmentforitsusersandinhabitants;todevelopandredevelopsuchpropertytoprovidenecessary,greaterandreasonableeconomicutilizationofsucharea;topromoteandprovidepublicfacilities;toeliminatetrafficandpedestrianhazardswithinthearea;toensurereasonedandsoundsocial,physicalandeconomicgrowthwithintheTown;topromoteandeffectthegoals,objectivesandpurposesofthePlan;toprovideasoundfinancialandeconomicbaseforthecommunity;andtoprovideanecessarytaxbasefortheTown;andWHEREAS,theTownBoardhasdeterminedthatitisinthebestinterestoftheTownofEstesParkandtheEsteeParkUrbanRenewalAuthority,tomodifythePlanasproposed;and 00WHEREAS,theproposedmodificationhasbeensubmittedtotheEstesParkPlanningCommission,whohasrecommendedthattheproposedmodificationisinconformancewiththeEstesParkComprehensivePlanandalsorecommendedthatthepropertydescribedinExhibitAbeincludedwithintheRedevelopmentArea;andWHEREAS,theTownClerkhascausednoticeofthetime,placeandpurposeofapublichearingtobeheldconcerningthemodificationstothePlantobepublishedSeptember15,1989,intheEstesParkTrailGazette,anewspaperofgeneralcirculationintheTown;andWHEREAS,atthepublichearingbeforetheTownBoardonSeptember26,1989,evidencewaspresentedwhichsupportsthefindingscontainedhereinthatcertainareaswithintheproposedRedevelopmentAreaarepresentlyinablightedconditionandareinneedofdevelopment,redevelopmentorrehabilitation,oracombinationthereof;andWHEREAS,atsaidhearingallresidentsandtaxpayersoftheTownandallotherinterestedpersonsweregivenafullopportunitytobeheard.NOWTHEREFORE,BEITRESOLVEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK,COLORADO:Section1.OneormoreblightedareasexistintheareaoftheTowntolieaddedtotheRedevelopmentAreawhich,byreasonofthefollowingfactors,substantiallyimpairorarrestthesoundgrowthoftheTown,constituteaneconomicandsocialliability,andareamenacetothepublicsafetyandwelfareintheirpresentconditionsanduses.Specifically,thefollowingblightfactorsexist:A.Thedeteriorationofimprovements,facilitiesandsites;andB.Unsanitaryandunsafeconditionsincludingtheaccumulationoftrash,weedsandabandonedandinoperablevehicles;andC.Defectivestreetlayout,andinadequatefacilitiesforvehicular,bicycleandpedestriantrafficanduses,accessorcirculation;andD.Faultylotlayoutinrelationshiptosize,adequacy,accessibility,orusefulness;andE.Obsoleteorinadequateuseofland;andF.Substantialimpairmentofthesoundgrowthofthecommunitybyconflicting,incompatibleusesofproperty,and2 amultipleownershipofpropertywhichpreventredevelopmentandrehabilitationoftheareainanadequatelyplannedcohesivemanner;andG.Practicalandeconomicunder—utilizationofland;andH.Failuretomeettheeconomicneedsofthecommunitywithinthegeneralarea.Section2.TheTownBoardherebyfindsthat:A.ThepropertiestobeincludedintheRedevelopmentArea,asdescribedinExhibitA,containblightasdefinedbyColoradolaw;andB.TheexistenceoftheblightedconditionsreferredtoinSectionOnesubstantiallyimpairandarrestthesoundgrowthofthemunicipality,constituteaneconomicliabilityandareamenacetothepublicsafetyandwelfareinthepresentconditionsanduses;andC.Therehabilitation,conservation,development,redevelopment,oracombinationthereof,oftheRedevelopmentAreaisnecessarytopreserveandensurethepublicsafetyandwelfareofthecommunity;andD.Theareaisappropriateforanurbanrenewalproject;andE.RedevelopmentoftheRedevelopmentAreashallpreventfurtherdeterioration;andF.ThenonresidentialusesproposedfortheRedevelopmentAreaarenecessaryandappropriatetofacilitatethepropergrowthanddevelopmentofthecommunityinaccordancewithsoundplanningstandardsandlocalcommunityobjectives.ItisnotcontemplatedthattheacquisitionofpropertieswithintheRedevelopmentAreamayrequiretheexerciseofgovernmentalactionasprovidedintheUrbanRenewalLaw.;andG.ThePlanprovidesafeasiblemethodfortherelocationofthepersonsandbusinesseswithintheRedevelopmentArea;andH.ThemodificationsofthePlanconformtotheEstesParkComprehensivePlan.Section3.ThemodificationsofthePlanshallaffordmaximumopportunity,consistentwiththesoundneedsoftheTownofEstesPark,fortherehabilitationandredevelopmentoftheRedevelopmentAreabyprivateenterprise.Section4.ModificationstothePlanareherebyapprovedandadoptedascontainedinthedocumententitledFIRSTMODIFICATION3 aTOTHEESTESPARKREDEVELOPMENTPROGRAMattachedtothisresolutionasExhibitBandmadeparthereof.INTRODUCED,READANDADOPTEDatameetingoftheBoardofTrusteesoftheTownofEstesPark,Coloradoonthe26thdayofSeptember1989.ATTEST:r(ayorTownClerk4 0EXHIBITAESTESPARKURBANRENEWALAUTHORITYADDITIONALPROJECTAREA(M’eI)SEPTEMBER1989AtractoflandlocatedintheNW1/4ofSection30,T5N,R72W,LarimerCounty,Colorado,moreparticularlydescribedas:BEGINNINGontheNorthright—of—waylineofNorthSaintVramAvenue(U.S.36)attheSoutheastcornerofLot44,LittleProspectMountainAdditiontotheTownofEstesPark;ThenceSoutheasterlyalongsaidNorthright—of—waylinetotheWestright—of—waylineofFirstStreetextendednortherlytointersectsaidNorthright—of—wayline;ThenceSouthwesterlyalongsaidWestright—of—waylineextensiontotheSouthright—of—waylineofNorthSaintVramAvenue(U.S..36)andtheEastcornero-fLot1,Block1,ReclamationSubdivision;ThenceNorthwesterlyandcounter—clockwisealongtheperimeterofsaidLot1totheEastright—of—waylineofSouthSaintVramAvenueCSJ-4.7);ThenceSoutheasterlyalongsaidEastright—of—waylinetotheSouthright—of—waylineofDunravenStreetextendedeasterlytointersectsaidEastright—of—wayline;ThenceWesterlyalongsaidSouthtight—of—waylineextensionanditswesterlyextensiontotheWestright—of—waylineofStanleyAvenue;ThenceNorthwesterlyandNortherlyalongsaidWestright—of—waylinetotheSouthright—of—waylineofNorthSaintVramAvenue(U.S.36);ThenceNorthwesterlyalongsaidSouthright—of—waylinetoapointwhichbears8450000WfromtheSoutheastcornerofLot44,LittleProspectMountainAddition;I’ThenceN4500ØOEtosaidSoutheastcornerofLot44,LittleProspectMountainAddition. IIIInU4SCOMtNC)1EETREETURBANRENEWAI,1)1STRICTBoundaryEXJ))nSionAron9/13/$9 FIRSTMODIFICATIONTOTHEESTESPARKREDEVELOPMENTPROGRAMByadoptionofResolutionNo.22-89,onSeptember26,1989,bytheBoardofTrusteesoftheTownofEstesPark,Colorado,theEstesParkDowntownRedevelopmentProgramismodifiedasfollows:1.ProjectAreaBoundaries(page20),ismodifiedbyaddingtheareadescribedonExhibitA,whichadditionalareaiscontiguoustotheexistingprojectareaboundaries.TheEstesParkUrbanRenewalAuthorityshallnotexerciseitspowerofeminentdomaintoacquireanypropertywithintheareadescribedonExhibitA.2.RedevelopmentProjects(page2),ismodifiedbyaddingthefollowing:Redevelopmentprojectstobeundertakenintheexpandedareashallincludebyillustrationonly,thefinancingandconstructionofapublicconferencefacility,andthefinancingandconstructionofotherpublicamenitiessuchasstreets,curbsandgutters,sidewalks,parkingandlandscaping.3.TaxIncrementFinancing(page13),ismodifiedbyaddingthefollowing:AdvalorempropertytaxincrementandmunicipalsalestaxincrementshallnotbeutilizedintheadditionalRedevelopmentAreadescribedinExhibitAoftheFistModificationtotheEstesParkDowntownRedevelopmentProgram(Plan).NotwithstandingthepossibilitythatColoradostatutesorlawmandatetheuseofsuchtaxincrement,itistheintentofthisFirstModificationtothePlantopayallofsuchincrementtotheTownofEstesParkasconsiderationforitsoperationandmanagementofthepublicconferencefacility,whichiscontemplatedtobeconstructedwithintheRedevelopmentAreadescribedinsaidExhibitA. 0EXHIBITAESTESPARKURBANRENEWALAUTHORITYADDITIONALPROJECTAREASEPTEMBER1989AtractoflandlocatedintheNW1/4ofSection30,T5N,R72W,LarimerCounty,Colorado,moreparticularlydescribedas:BE6INNINSontheNorthright—of—waylineofNorthSaintVramAvenue(U.S..36)attheSoutheastcornerofLot44,LittleProspectMountainAdditiontotheTownofEstesPark;ThenceSoutheasterlyalongsaidNorthright—of—waylinetotheWestright—of—waylIneofFirstStreetextendednortherlytointersectsaidNorthright—of—wayline;ThenceSouthwesterlyalongsaidWestright—of—waylineextensiontotheSouthright—of—waylineofNorthSaintVramAvenue(U.S.36)andtheEastcornerofLot1,Block1,ReclamationSubdivision;ThenceNorthwesterlyandcounter—clockwisealongtheperimeterofsaidLot1totheEastright—of—waylineofSouthSaintVramAvenueCS.H.7);ThenceSoutheasterlyalongsaidEasttight—of—waylinetotheSouthright—of—waylineofDunravenStreetextendedeasterlytointersectsaidEastright—of—wayline;ThenceWesterlyalongsaidSouthtight—of—waylineextensionanditswesterlyextensiontotheWestright—of—waylineofStanleyAvenue;ThenceNorthwesterlyandNortherlyalongsaidWestright—of—waylinetotheSouthright—of—waylineofNorthSaintVramAvenue(U.S.36);ThenceNorthwesterlyalongsaidSouthtight—of—waylihetoapointwhichbears6450000WfromtheSoutheastcornerofLot44,LittleProspectMountainAddition;I.ThenceN4500OOEtosaidSoutheastcornetofLot44,LittleProspectMountainAddition. /IIIIIEJ4URBANRENEWALDISTRICToindaryExpäflSiOflArea9/13/89(