09. Ordinance 1243 - Creating an Urban Renewal Plan - Downtown - 1st Reading96 06; 28 09:46 04065430863 DORSEY & WHITNEY IZ oo3 008
ORDINANCE NO. 12 4 3
ORDINANCE RELATING TO THE MODIFICATION Or -
THE KAL.ISPELL, MONTANA, URBAN RENEWAL
PLAN (THE URBAN RENEWAL PLAN) TO APPROVE
CERTAIN PROJECTS AS URBAN RENEWAL PROJECTS
BE IT ORDA NI ED by the City Council (the Council) of the City of Kalispell,
Montana (the City), as follows:
Section 1. R ' &. The City by Ordinance No. 933, passed and approved on
September 10, 1979, adopted the Kalispell, Montana Downtown Redevelopment
PIan (the Plan) as an urban renewal plan for the project area known as the
Downtown Redevelopment Area which constitutes the City's Urban Renewal
District (the District) pursuant to Montana Code Annotated, Title 7, Chapter 15, Parts
42 and 43, as amended (the Act), which Plan contained a provision for tax increment
financing. Pursuant to the Act and the procedures contained in the Plan, and
Resolution No. 4269, adopted June 3, 1996, the City has set forth its intention to issue
and sell urban renewal tax increment bonds in an amount sufficient, but not to
exceed $12,300,000 (the Bonds) to finance all or a portion of certain urban renewal
projects and has undertaken to designate and approve the following urban renewal
projects (the Projects), and modify the Plan accordingly, has given notice and
conducted public hearings with respect thereto:
a. Kali=ll Center Mall. This project consists of the acquisition of real
property, the clearance of improvements thereon, construction of certain
public utilities and related relocation activities, all to make such property
available for expansion of the Kalispell Center Mall. The project is estimated
to cast $2,624,693, which will be financed from the proceeds of the Series 1996
Bonds.
b_ KDC Site (Kalispell Dwntown Centel Developmgnt. This project
consists of the acquisition of certain real property, and related demolition and
site work including public improvements to make the property available for
private development for uses consistent with the Plan. The project is
estimated to cost $4,000,000, which will be financed from the proceeds of the
Series 1996 Bands.
C. Central School. Project. This project consists of the renovation and
rehabilitation of the old Central School building. The building could be used
for multi -purpose community and educational facilities, along with offices
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and museum space. The total cost of this project is estimated to be $2,500,000,
which will be financed from the proceeds of the Series 1996 Bonds.
d. Improvements to 8uilding_s - School District ##5 This project consists
of improvements for School District #5 facilities at ELrod, Linderman and
Flathead High School. These projects would benefit the entire community
through improvements to the gym and auditorium at Flathead High School,
upgrading playground equipment to ADA standards, and sidewalk
replacement. The project is estimated to cost $670,000, which will be financed
from the proceeds of the Series 1996 Bonds.
e. Affordable Housing: Elimination of Blight. This project is a Private
Multi -Family Housing Density Development Incentive Program designed to
enable the City to: (1) offer incentives to both existing property owners and
private developers desiring to purchase substandard dwellings occupying
large lots with the Urban Renewal Project Area and replace the substandard
single family units with higher density affordable multi -family housing; (2)
purchase substandard dwellings when they become available and vacant,
particularly if the site would accommodate multiple dwelling units, clear the
property and resell it to developers willing to build multi -family housing;
and (3) to provide the necessary incentives to encourage high density
affordable housing redevelopment of sites that may become developable
and/or affordable because of fire or other circumstances. The cost of this
project is estimated to be $300,000, which will be financed from proceeds of
the Series 1996 Bonds.
f. Downtown Parking. This project Consists of acquiring land and/or
construction of a parking structure on nearby sites (acquisition of the easterly
1/2 of Block 37) to provide additional off-street parking to encourage the
highest and best use with greater densities on the Kalispell Development
Center site and re -use of Central School in order to encourage the highest and
best use in terms of density and tax yield of both Central School and the
Kalispell Development Center site. The estimated cost of the project is
$800,000, which will be financed from proceeds of the Series 1996 Bonds.
g. 3rd Street East/Conrad M4Wign to HQckadU Connection. This project
consists of improving the streets and sidewalks continuing the theme of
linking Downtown with Depot and Woodland Parks, parking lots, and
community cultural resources (i.e., Chamber, Library, City Hall, Hockaday,
Conrad Mansion and Central School). Improvements would include
replacing heaved sidewalks, providing benches, storm drainage, handicap
curb cuts at the corners, antique lights, and potential additional (angle) on -
street parking. The cost of the project is estimated to be $90,000, which will be
financed from proceeds of the Series 1996 Bonds.
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h. City Hall lm.provements. This project consists of the conversion of the
old motorcycle garage into a space large enough to accommodate regular sized
vehicles. The enlarged garage area will allow for multiple uses by the Police
Department. Other items in this project include repainting the exterior, and
constructing a connection between City Hall and the annex. The cost of the
project is estimated to be $100,000, which will be financed from proceeds of
the Series 1996 Bonds.
i. West Railroad Street. This project consists of the construction of the
West Railroad street between 6th Ave W.N. and Sth Ave W.N. and
installation of water, storm drainage and sanitary sewer improvements
which will complete the extension of the street to 5th Ave W.N. and, provide
access to an isolated industrial area prime for redevelopment. The rest of the
project is estimated to be $125,000, which will be financed from proceeds of
the series 1996 Bonds.
j . Market Place III Prde,c . The project will consist of certain acquisition
and demolition activities at the site locdie' d between Center Street and the
railroad right-of-way/1st Ave East and 3rd Ave East. The purpose of this
project is to encourage existing or future property owners of portions of the
site to redevelop the area to its highest and best use. Estimated cost of the
project is $275,000, which will be financed from the proceeds of the Series 1996
Bonds.
Section 2. Eindings. The Council hereby finds, with respect to each of the
Projects described in Section 1 hereof, as follows:
a. a workable and feasible plan exists for making available adequate
housing for any persons who may be displaced by the Projects;
b. the Plan, as modified to include the Projects, conforms to the
comprehensive plan or parts thereof of the City;
C. the Plan, as modified to include the Projects, will afford
maximum opportunity, consistent with the needs of the City as a
whole, for the rehabilitation or redevelopment of the District by
private enterprise;
d, a sound and adequate financial program exists for the financing
of each of the Projects, which program includes the sale and issuance by
the City of its urban renewal tax increment bonds in an amount not to
exceed the costs of the Projects and other Projects heretofore or
hereafter approved by this Council, including administration costs and
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costs of issuance of the bonds, and for the application of available funds
in the Development Account in the Tax Increment Fund of the City, in
proportions yet to be determined, for the purpose of financing all or a
portion of the costs of the Projects as set forth above; and
e. each of the Projects constitutes an urban renewal project within
the meaning of the Act and the Plan.
Section 3. The Urban Renewal Projects herein designated and approved
may be modified -by -the pity Council of the City of Kalispell if the Council
determines by Resolution that an adjustment to a Project or Projects is required in
the best Interest -of-the City of XalispelL
Section 4. All actions of the City Council heretofore taken with respect to
the Projects herein designated, to the extent not inconsistent herewith, are ratified
and confirmed.
Section 5. - This Ordinance shall take effect from and aftgVO days of its
passage by the City -Council and approval by the Mayor. -
Section 6. AppMvlaLPrrojects. This Council hereby approves ratifies and
confirms modification of the Plan to designate the Projects as urban renewal projects
within and under and to be undertaken pursuant to the Plan, and the Projects are
hereby approved. All actions of this Council heretofore taken with respect to the
Projects, to the extent not inconsistent herewith, are hereby ratified and confirmed.
PASSED, ADOPTED and APPROVED on first reading this 1st day of July,1996_
PASSED, ADOPTED and APPROVED on second reading this day of
1996.
Attest:
By:
City Clerk of Council
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CITY OF KALISPELL'
M
Mayor