HomeMy WebLinkAboutA011 - Council Action Form dated April 11, 2000 1
ITEM #
DATE 04/11/00
COUNCIL ACTION FORM
SUBJECT: RESOLUTION APPROVING THE URBAN REVITALIZATION PLAN FOR 150
CAMPUS AVENUE.
ACTION FORM SUMMARY: The City Council is being asked to approve the Urban
Revitalization Plan that staff was directed to prepare for 150 Campus Avenue.
Staff is recommending approval.
BACKGROUND:
On March 7, 2000 the City Council determined that the request for designation of an Urban
Revitalization Area for 150 Campus Avenue met the Criteria for Eligibility. The required
Condition the project meets is that it is Slum and Blighted. Under the Optional Conditions
the project meets the requirements of Brick Construction or Similar Masonry Material and
Landscaping Beyond Required.
City Council directed staff to prepare an Urban Revitalization Plan for 150 Campus Avenue
and to set a date of public hearing for April 11, 2000 to establish the Urban Revitalization
Area.
City staff has prepared an Urban Revitalization Plan for Area 150 Campus Avenue. The
following items are included in the Urban Revitalization Plan:
The area includes 156 Campus Avenue, 152 Campus Avenue, and 148 Campus
Avenue, as those three properties have buildings to be removed under the Urban
Revitalization Program. The new development will be addressed 150 Campus
Avenue.
The total assessed valuation of land and buildings on the properties total:
156 Campus Avenue Land - $27,900 Improvements - $70,500
152 Campus Avenue Land - $24,800 Improvements - $67,300
148 Campus Avenue Land - $57,500 Improvements - $42,300
It is expected that the value added will exceed the 5% increase required in actual
value.
The owner of the properties in the district are:
156 Campus Avenue - Douglas G. Pyle
152 Campus Avenue - Douglas G. Pyle
148 Campus Avenue - Douglas G. Pyle
The zoning is R-4, which is High Density Residential.
There are no enhancements to City services needed because of this project.
The project consists of the construction of a 24-unit, 3-story apartment building at
150 Campus Avenue.
There will be no displacement of any persons and thus no relocation benefits
provided.
For further detail on the Urban Revitalization Plan for 150 Campus Avenue see the
attached plan.
City staff is recommending approval of this action.
ALTERNATIVES:
1. The City Council can approve the Urban Revitalization Plan for 150 Campus Avenue.
2. The City Council can deny the Urban Revitalization Plan for 150 Campus Avenue.
3. The City Council can direct staff to revise the Urban Revitalization Plan for 150
Campus Avenue.
MANAGER'S RECOMMENDED ACTION:
It is the recommendation of the City Manager that the City Council adopt Alternative #1.
This action will approve the Urban Revitalization Plan for 150 Campus Avenue and allow
for tax abatement for a 24-unit, 3-story apartment building.
COUNCIL ACTION: