Title
Ordinance No. 23-44 including certain property into the boundaries of the Creekwalk Marketplace Business Improvement District
(Legislative)
Presenter:
Mike Tassi, Assistant Director, Planning & Community Development
Peter Wysocki, Director, Planning & Community Development
Body
Summary:
This is a request for approval of an ordinance to include two (2) parcels, totaling about 1.29 acres, into the boundaries of the Creekwalk Marketplace Business Improvement District (the "District"). The City received a Petition for an Inclusion of Properties as executed by the owners.
Per Colorado State Statute, property included in a BID does not need to be contiguous or adjacent. These proposed inclusions will bring additional properties into the District boundaries on behalf of the owner of those properties, SNA Equities, LLC. According to the cover letter, both properties are related to the ongoing redevelopment of the South Nevada area and to the anticipated involvement of this BID in particularly. More specifically, the applicant states in their letter that "The District and the owner are anticipating potential future public improvements" for these two parcels and that, "inclusion into the District's boundaries will facilitate those activities." Future public improvements will be in conjunction with redevelopment of the two parcels but will likely include: streetscape, access/street, storm and water/wastewater improvements. State Statute defines public improvements to also include the relocation and improvement of existing "utility lines" without being specific as to the type of utility line; however, the Model BID Operating plan in the City's Special District Policy further defines "utility lines" to mean wet utilities. This fact is further solidified in Creekwalk' s approved BID Operating Plan. To be clear, this item is not an amendment of the Creekwalk BID Operating Plan.
The two parcels proposed for inclusion are located just over 1/2 mile from t...
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