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RESOLUTION: 2002-42
SUBJECT: A resolution adopting the first amendment to the Colfax-Wadsworth Reinvestment Plan
ADDRESS: Colfax-Wadsworth Reinvestment Area
RECOMMENDATION: Approval
FUNDING SOURCE: N/A
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The Colfax-Wadsworth Reinvestment Plan was adopted by the City Council on August 9, 1999. The Reinvestment Area is located in northeast Lakewood and is generally bounded by Wadsworth Boulevard on the west, Teller Street on the east, 17th Street on the north and West Colfax Avenue on the south.
The rezoning of this property was approved on October 22, 2001 by the City Council to provide for high quality retail opportunities at one the City's most traveled intersections. The redeveloper has had on going discussions with the neighbors and Lakewood Reinvestment Authority about retail opportunities, which is consistent with the approved 2001 rezoning of the property. The plan is being modified to reflect this retail land use concept.
The Plan is also being modified to add to the findings of the Reinvestment Plan that a feasible method of relocation exists as required by Section 31-25-107(4) of the Colorado Revised Statutes.
The inclusion of these additions and changes will require an amendment to the Colfax-Wadsworth Reinvestment Plan. Modification of the Plan is governed by C.R.S. 31-25-107(7). This section distinguishes between major and minor modifications to the urban renewal plan. Major modifications require public hearing and referral requirements similar to that for the original plan. However, the City Council can determine that the modification will not substantially change the urban renewal plan and can approve the modification by resolution without the referral and publication requirements.
The City Council must determine that the modification will not substantially change the urban renewal plan based on the land area of the modification, the likely land use of the modification, the design, building requirements, timing or procedure that have been previously approved.
RESOLUTION ADOPTION DATE: June 24, 2001
ORIGINATED BY: Frank Gray, LRA Director
STAFF PERSON RESPONSIBLE: Frank Gray, LRA Director, 303-987-7530
DOCUMENTS ATTACHED: Resolution 2002-42
Colfax-Wadsworth Reinvestment Plan
SUBMITTED BY:
Rebecca P. Clark,
Deputy Director of Community Planning & Development
Frank Gray,
Director of Community Planning & Development
REVIEWED BY:
Joni Inman, Director
Mayor and City Manager's Office
Michael J. Rock,
City Manager
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