Resolution LRA 2002-3

REQUEST FOR LRA ACTION

RESOLUTION: LRA 2002-3

SUBJECT: A resolution revising the Relocation Policy for the Belmar Project

ADDRESS: 6900, 6960 and 7200 West Alameda Avenue

RECOMMENDATION: Approval

SUMMARY AND BACKGROUND OF SUBJECT MATTER: The Revised Policy addresses the issues related to the relocations of tenants at 6900 and 6960 West Alameda Avenue and other tenants at the Villa Italia site whose relocation has been delayed for the convenience of the Authority.

RESOLUTION ADOPTION DATE: January 28, 2002

ORIGINATED BY: Frank Gray, LRA Director

STAFF PERSON RESPONSIBLE: Frank Gray, LRA Director, 303-987-7731

DOCUMENTS ATTACHED: Resolution LRA 2002-3

SUBMITTED BY:

Frank Gray, LRA Director
Jacque Wedding-Scott, LRA Treasurer

REVIEWED BY:

Michael J. Rock, Secretary/Executive Director
Margy Greer, LRA Recording Secretary

LRA 2002-3

WHEREAS, the City Council of the City of Lakewood approved the West Alameda Avenue Corridor Urban Redevelopment Plan on May 26, 1998, for Phase I of the Alameda Avenue Corridor; and

WHEREAS, the City Council of the City of Lakewood amended the West Alameda Avenue Corridor Urban Redevelopment Plan on September 11, 2000, to include Phase II of the Alameda Avenue Corridor in the urban renewal area and to approve a plan for redevelopment of Phase I and Phase II; and

WHEREAS, the Lakewood Reinvestment Authority has approved a Redevelopment for the Belmar Project; and

WHEREAS, certain businesses and residents will be required to relocate in order for the redevelopment to take place; and

WHEREAS, businesses and residents which are relocated should be entitled to assistance to allow them to relocate and to be reestablished in new locations; and

WHEREAS, the relocation of tenants at 6900 and 6960 West Alameda Avenue and other tenants at the Villa Italia site has been delayed for the convenience of the Authority.

NOW, THEREFORE, BE IT RESOLVED by the Lakewood Reinvestment Authority of the City of Lakewood, Colorado, that:

SECTION 1: The Lakewood Reinvestment Authority hereby adopts the Revised Relocation Policy for the Belmar Project, attached hereto as Exhibit 1, to govern the eligibility and administration of relocation benefits for the Belmar Project.

INTRODUCED, READ AND ADOPTED by a vote of _____ For and ________ Against at a regular meeting of the Board of Commissioners of the Lakewood Reinvestment Authority on January 28, 2002, at 7:00 o'clock p.m. at Lakewood Civic Center, 480 South Allison Parkway, Lakewood, Colorado.