Title
A resolution making certain legislative findings and approving the OneVela Urban Renewal Plan.
Related Files: 24-608 and 24-609
Presenter:
Jariah Walker, CSURA Executive Director
Body
Summary:
This is a resolution to establish the OneVela Urban Renewal Area and Plan. The attached OneVeLa Existing Conditions Survey shows that the area described in the Plan qualifies as a blighted area. The area consists of approximately 1.1 acres of land with boundaries on the northeastern corner of West Costilla Street and Sahwatch Street. The development plan will include a single multi-family building with ground level retail.
Previous Council Action:
City Council approved the Southwest Downtown URA in 2001.
Background:
Please see that attached Planning Commission Staff report, conditions survey and the urban renewal plan for background information related to urban renewal and project details.
Financial Implications:
URA staff and project team will present the details on the project, plan and impacts at the City Council Work Session. As background information, please refer to the attached materials.
Board/Commission Recommendation:
Pursuant the CRS ? 31-25-107, the OneVela Urban Renewal Plan has been reviewed by the Planning Commission on October 9, 2024. The Planning Commission ruled that the proposed plan was found to be consistent with the City's Comprehensive Plan.
The Colorado Springs Urban Renewal Authority Board approved the conditions survey and the Urban Renewal Plan on June 24, 2024.
Stakeholder Process:
Pursuant to CRS ? 31-25-107, a notice must be given to property owners of the conditions survey and potential establishment of an urban renewal area. Arguably, these CRS requirements do not apply given that the proposed urban renewal plan was initiated by the property owner and the property owner has been continually involved in the process. Regardless, to fully comply with CRS, all required notifications have been se...
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