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Resolution 3619 - Resolution of Intent - Modify Downtown Redevelopment PlanRESOLUTION NO. 3619 A RESOLUTION OF INTENTION TO MODIFY THE DOWNTOWN REDEVELOPMENT PLAN TO APPROVE CERTAIN URBAN RENEWAL PROJECTS. WHEREAS, the City Council of the City of Kalispell on the loth day of September 1979, adopted Ordinance No. 933, entitled AN ORDINANCE APPROVING TH� KALISPELL DOWNTOWN REDEVELOPMENT PLAN FOR THE CITY OF KALISPELL, MONTANA AS AN URBAN RENEWAL 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 No. 933 directed that an urban renewal plan for blighted areas within the Kalispell Downtown Redevelopment Area be developed in accordance with the Montana Urban Renewal Law, and WHEREAS, certain urban renewal projects have been submitted to the City for review by the Kalispell City -County Planning Board and recommendation as to conformity with the Kalispell City -County Master Plan. WHEREAS, the Kalispell City -County Planning Board should review the projects under Section 7-15-4217 M.C.A. to determine: A) the effect, if any, the projects may have on persons displaced by the projects B) the conformity of the projects with the Kalispell City -County Master Plan, C) if the projects will afford maximum opportunity, consistent with the needs of the community as a whole, to rehabilitate and redevelop the urban renewal area by private enterprise, and D) a sound and adequate financing program for the projects . NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, SECTION 1. That the following Urban Renewal Projects be submitted for review by the Kalispell City -County Planning Board. a . Parking Improvements Project. This Project will consist of the acquisition of land for and the construction of approximately five hundred (500) off-street parking spaces in the Project Area. The estimated cost of the Parking Improvements Project is approximately $500,000. The City anticipates financing the cost of the Parking Improvement Project through the sale of TIF Revenue Bonds. b. West Side Park Project This Project will consist of the acquisition of land for and the furnishing and equipping of a neighborhood park adjoining the Elrod Grade School with the Project Area. The estimated cost of the West Side Park Project is $200,000. The City anticipates financing the cost of the West Side Park Project through the sale of TIF Revenue Bonds. C. Redevelopment Project. This Project will consist of the acquisition by the City of certain parcels of land deemed "blighted" as defined by the Act within the Project Area and the undertaking of clearance and demolition activities necessary to make the land available for redevelopment by private enterprise. The estimated cost of the Land Redevelopment Project is $500,000. The City anticipates financing the cost of the Redevelopment Project through the sale of TIF Revenue Bonds. ' d. 5th Avenue West Construction Project. This Project consists of reconstruction of 5th Avenue West from Center Street to 6th Street West in the Project Area. The estimated cost of the 5th Avenue West Construction Project is $800,000. The City anticipates financing the cost of the 5th Avenue West Construction Project through the sale of TIF Revenue Bonds. e . Depot Park Loop Elimination. This project consists of the elimination of an unnamed Street on the Easterly and Northerly boundary of a City Park commonly known as Depot Park as shown on Map, Exhibit "Ell, Page 13_of the Kalispell Downtown Redevelopment Plan. The City upon eliminating the road shall use the property to expand Depot Park and to provide Twenty -Eight (28) parking spaces for use by individuals visiting the park and using the old Great Northern Depot. This project is being financed by money budgeted from the Tax Increment Fund and is a portion of the Center Street Reconstruction Project. The total cost of the Center Street Reconstruction Project is $481 , 610.15. SECTION 11. That a public hearing be scheduled on said Urban Renewal Projects to be held on the. 21st day of October, 1985, at which time the City Council of the City of Kalispell shall consider this Resolution of Intention, the Kalispell City -County Planning Board report, public comment, and either accept, modify or reject an Ordinance approving the said Renewal Projects. SECTION Ill. The City Clerk -Treasurer is hereby authorized and directed to give proper legal notice of said public hearing in accordance with Section 7-19-4213 M.C.A. , PASSED BY THE CITY COUNCIL AND APPROVED BY THE MAYOR THIS 16TH DAY OF SEPTEMBER, 1985. %Le o y __M c D o we I I a ATTEST: H a] ver, 'CTty - Clerk -Treasurer I, the undersigned, City Clerk of the CitY of Kalispell,.certify that the foregoing is a true copy of the Resolution passed by the City Council of the City of Kalispell, Montana, at a regular meeting held Ulty Clerk of the City of Ka1_i'spEjJlMont,:,na I I