HomeMy WebLinkAboutResolution 91 - 08 Implementing Urban Renewal PlanRESOLUTION NO. 91- 8
A RESOLUTION IMPLEMENTING THE STATUTORY CREATION OF
AND EMPOWERING THE REX_BURG URBAN RENEWAL AGENCY MAKING CERTAIN
FINDINGS OF FACT, AND DETERMINING THE NORTH SECOND EAST STREET
AND TETON RIVER AREA TO BE A DETERIORATING AND DETERIORATED
AREA AS DEFINED BY IDAHO CODE, SECTIONS 50--2018(i) AND
50-2903 ( 6) (b) .
WHEREAS, the City of Rexburg desires to implement and
empower an Urban Renewal Agency by the Idaho Urban Renewal Law
of 1965 (codified at Chapter 20, Title 50, Idaho Code);
WHEREAS, it is anticipated that the Urban Renewal
Agency intends to prepare an Urban Renewal Plan containing a
revenue allocation financing provision, pursuant to the local
Economic Development Act (codified at Chapter 29, Title 50,
Idaho Code);
WHEREAS, the City recognizes that there are certain
factual prerequisites to -the empowerment of the Agency and the
ultimate adoption of an Urban Renewal Plan containing revenue
allocation financing provisions;
WHEREAS, the City has retained the services of Harlan
W. Mann, Community Development Consultant (hereafter
Consultant), to examine the North Second East Street and Teton
River_ Area (hereinafter Area) for the purpose of determining
whether_ such area is a deteriorating area and deteriorated area
as defined by Idaho Code, Sections 50-2018(i) and
50-2903 (6) (b) ;
WHEREAS, the Consultant has performed such
examination and submitted this report dated October 17, 1991,
to the Mayor and City Council, a copy of which is attached
hereto as Exhibit 1.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND
COUNCIL OF THE CITY OF RED{BURG AS FOLLOWS:
1. That there are one or more areas within the City
of Rexburg which are deteriorating or deteriorated areas as
defined bV Idaho Code, Sections 50-2018(i), and 50-2903(6)(b).
2. That one such area is the North Second East
Street and Teton River area.
RESOLUTION NO. 91- -1-
3. That the rehabitation, conservation, and
redevelopment, or a combination thereof, of such area is
necessary in the interest of the public health, safety, and
welfare of the residents of the City.
4. That there is a need for an Urban Renewal Agency
to function in the City.
5. Based on the October 17, 1991, report of the
Consultant, the City Council makes the findings that:
a. The area is determined to be a deteriorating area
as defined b_v Idaho Code, Section 50-2018(i) and
a deteriorated area as defined by Idaho Code,
Section 50-2903 (6) (b) ;
b. The area is determined to be appropriate for an
urban renewal project.
6. That pursuant to Idaho Code, Section 50-2006(b),
the Mayor is authorized and directed to appoint, with the
advice and consent of the City Council, five (5) commissioners
of the Urban Renewal Agency.
7. That this Resolution shall be in full force and
effect immediately upon its adoption and approval.
ADOPTED AND APPROVED this 6th day of November, 1991.
Mayor Nile L. B'' yle
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