HomeMy WebLinkAboutA018 - Council Action Form dated April 24, 2001 ITEM #
DATE 4/24/01
COUNCIL ACTION FORM
SUBJECT: RESOLUTION APPROVING AN AMENDMENT TO THE URBAN
REVITALIZATION AREA #7 URBAN REVITALIZATION PLAN, STIPULATION #8 —
REQUIRE AS A CONDITION FOR TAX ABATEMENT THAT THE DEVELOPERS
AGREE TO COMPLETE THE VILLAGE CONCEPT TO THE BOUNDARIES OF URBAN
REVITALIZATION AREA ##7.
BACKGROUND:
On April 10, 2001 the City Council proposed the amendment to the Urban Revitalization
Area #7 Urban Revitalization Plan and set the date of public hearing for April 24, 2001.
This action will alter Stipulation #8 to require as a condition for tax abatement that the
developers agree to complete the village concept to the boundaries of the Urban
Revitalization Area #7.
ALTERNATIVES:
1. The City Council can approve the amendment to the Urban Revitalization Area #7
Urban Revitalization Plan requiring as a condition for tax abatement that the
developers agree to complete the village concept to the boundaries of the Urban
Revitalization Area #7.
2. The City Council can deny approval of the amendment to the Urban Revitalization
Area #7 Urban Revitalization Plan requiring as a condition for tax abatement that the
developers agree to complete the village concept to the boundaries of the Urban
Revitalization Area #7.
3. The City Council can direct staff to investigate other options.
MANAGER'S RECOMMENDED ACTION:
It is the recommendation of the City Manager that the City Council adopt Alternative #1.
This action will approve Stipulation #8 and provide for the completion of the village concept
in the Urban Revitalization Area #7.
COUNCIL ACTION: