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Ordinance 1168 - Urban Renewal Project - Kalispell Market Place153 ORDINANCE NO. 1168 AN ORDINANCE RELATING TO THE KALISPELL DOWNTOWN REDEVELOPMENT PLAN; APPROVING A CERTAIN PROJECT AS URBAN RENEWAL PROJECT AND AUTHORIZING THE NEGOTIATION OF A DEVELOPMENT AGREEMENT WITH WAREHOUSE INDUSTRIES, INC. D/B/A TIDYMAN'S WITH REGARD TO SAID URBAN RENEWAL PROJECT. WHEREAS, the City Council of the City of Kalispell on the 10th day of September, 1979, pursuant to Title 7, Chapter 15, Part 42 and 43, Montana Code Annotated, enacted Ordinance No. 933, entitled ORDINANCE APPROVING THE KALISPELL DOWNTOWN REDEVELOPMENT PLAN FOR THE CITY OF KALISPELL, MONTANA AS AN URBAN REDEVELOPMENT PLAN AND THE FEASIBILITY OF RELOCATION; AUTHORIZING THE MAYOR TO IMPLEMENT THE PLAN WITH POWERS CONTAINED IN THE URBAN RENEWAL LAW, and WHEREAS, said Ordinance contained a provision for tax increment financing for Projects with an area designated as the Kalispell Downtown Redevelopment Area, and WHEREAS, a certain urban renewal "Project" has been submitted to the City for review and said Project has been reviewed by the Kalispell City -County Planning Board for compliance with the Kalispell City -County Master Plan, and WHEREAS, the Kalispell City -County Planning Board after reviewing the proposed Project has advised the City Council, in writing, that the Project, as a part of the Kalispell Downtown Redevelopment Plan, conforms with the Kalispell City -County Master Plan and recommended that the proposed Project be approved as an Urban Renewal Project, and WHEREAS, on the 5th day of August, 1991 the City Council of the City of Kalispell passed Resolution No. 4002, entitled A RESOLUTION OF INTENTION TO MODIFY THE DOWNTOWN REDEVELOPMENT PLAN TO APPROVE A CERTAIN URBAN RENEWAL PROJECT, and WHEREAS, on the 3rd day of September, 1991, pursuant to Resolution No. 4002, the City Council of the City of Kalispell, after due and proper notice under Section 7-5-4215, MCA, held a Public Hearing on said Project and received expressions from the public, supporting and opposing said Project, and WHEREAS, the City Council finds with respect to the proposed Urban Renewal Project as follows: a. a workable and feasible plan exists for making available adequate housing for persons who may be displaced by the Project because no residences will be directly impacted by the Project; 1 154 b. the Plan, as modified to include the Project, conforms to the comprehensive plan or parts thereof of the City, because the Kalispell City -County Master Plan identifies land within the Project area as being General Commercial and the Project area has, in accordance with said Master Plan, been zoned as General Business, B-4; C. the Plan, as modified to include the Project, will afford a maximum opportunity, consistent f with the needs of the City as a whole, for the rehabilitation or redevelopment of the area by private enterprise because most of the territory encompassed by the Project consists of vacant or under utilized land which under Section 7-15-4206 MCA may be considered to be blight and the Project anticipates a high level of private funding with limited City involvement in the financing; d. a sound and adequate financial program exists for the financing of the Project because on site development costs shall be borne by the Warehouse Industries, Inc. and off -site improvements and infrastructure improvements of benefit to the City and the Redevelopment Area will be financed by either cash flow from the tax increment fund or the proceeds of a tax increment bond together with funds provided by Warehouse Industries, Inc.; e. the Project constitutes an urban renewal project within the meaning of the Act and the Plan because the Project includes undertakings or activities by the City in the urban renewal area for the purpose of redevelopment and elimination of blight. WHEREAS, after consideration of the evidence submitted at said public hearing, the City Council of the City of Kalispell considers it in the best interest of the City to designate and approve a certain Urban Renewal Project, hereinafter described, in the Kalispell Downtown Redevelopment Area. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, AS FOLLOWS: SECTION I. That the City Council of the City of Kalispell hereby modifies the Kalispell Downtown 2 1 15 1 1 1 Redevelopment Plan for the City of Kalispell and designates the following as an Urban Renewal Project pursuant to Title 7, Chapter 15, Parts 42 & 43 Montana Code Annotated and the Kalispell Downtown Redevelopment Ordinance: a. The City Manager is authorized and directed to negotiate a Development Agreement with Warehouse Industries, Inc., a Washington Corporation d/b/a Tidyman's (hereinafter Tidyman's) for the purpose of developing certain tracts of land, within the Redevelopment Area, bounded by the Burlington Northern Railroad Tracts on the South, Montana Street on the North, Main Street on the West and 3rd Avenue E.N. on the East (hereinafter Project Area). b. Tidyman's, the owner of certain real property within the Project Area, by the terms of the Agreement shall agree to develop a 57,000 square foot grocery store, together with all related improvements, including, but not limited to, parking, landscaping, utilities, and access, with an assessed valuation of not less than $5,000,000.00. C. The Development Agreement shall anticipate the abandonment of the Southerly portion of the dedicated Second Avenue East North right-of-way between Montana Street and the Tidyman's property, and the closure and abandonment of the Southerly portion of dedicated public alley in Block 24, Kalispell, Montana. Upon application from Tidyman's the City shall take the appropriate action to notice said abandonments and vacate said Avenue and alley in accordance with the statutory procedure, so long as adjacent landowners on the alley have adequate egress and ingress maintained for existing facilities. d. The Agreement shall specify certain on -site development, infrastructure improvements and off -site improvements of benefit to the City and the Redevelopment Area, including: 1) sanitary sewer, water service, storm sewer, parking lot paving; 2) First Avenue East North extension from Center Street to Montana Street, including street construction, curb, gutter, sidewalk, landscaping, etc.; 4) 3 156 demolition of Kalispell News property, including sewer cap, abandonment, etc.; 5) surveying, landscaping, etc.; and 6) acquiring property vacated and dedicating right-of-way for new public street construction. It is anticipated that site development and infrastructure improvements will cost approximately $1,000,000.00. e. For payment of a portion of the costs of improvements, the City shall be authorized to expend for Public Infrastructure t Improvements, through the Agreement, the sum of $500,000.00, either from the tax increment fund cash flow, on hand, or from the proceeds of tax increment bonds, to be sold by the City. The City shall be authorized to off- set a portion of the above costs through a grant from the Economic Development Administration (EDA) for $300,000.00. f. If the EDA Grant is not received by the City, Tidyman's will be responsible to pay an equivalent amount toward the payment of the estimated costs of the Improvements. SECTION II. The Urban Renewal Project herein designated and approved may be modified by the City Council of the City of Kalispell if the Council determines by Resolution that an adjustment to the Project is required in the best interest to the City of Kalispell. SECTION III. All actions of the City Council heretofore taken with respect to the Project herein designated, to the extent not inconsistent herewith, are ratified and confirmed. SECTION IV. This Ordinance shall take effect from and after 30 by the days of its passage by the City Council and approval Mayor. PASSED AND APPROVED�Y THE CITY COUNCIL AND MAYOR OF THE CITY OF KALISPELL THIS ,= DAY OF SEPTEMBER, 1991. gt4i a A20� DOUGLU D. RAUTHE, MAYOR ATTEST: AINAN DIRECTOR 4 1