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148 of 1977 - Amending and modifying the Neighborhood Development Plan entitled, 'C.B.D. Neighborhood Development HULL CALL 0 ./ VOTING Aye Nay Salt Lake City,Utah, September 14 19 77 Mr.Chairman Agraz I move that the Ordinance be passed. Gre)anl +` Hogensen c✓ � Z.t/�i�r,�`,., Phillips f Result AN ORDINANCE AN ORDINANCE of Salt Lake City, Utah, relating to the Redevelopment Agency of Salt Lake City in accordance with Section 11-19-20, Utah Code Annotated 1953, as amended, modifying and amending the Neighborhood Development Plan entitled, "C.B.D. Neighborhood Development Plan," dated April 25, 1977, as previously adopted as the official redevelopment plan for the project area on June 16, 1977. Be it ordained by the Board of Commissioners of Salt Lake City: Section I. That the Neighborhood Development Program entitled, "C.B.D. Neighborhood Plan," dated April 25, 1977, be and the same is hereby amended to read as follows: 1. It has become necessary and desirable to modify and amend the pre- sent redevelopment plan entitled, "C.B.D. Neighborhood Development Plan," dated April 25, 1977, and adopted June 16, 1977, in certain respects as provided by Sec- tion 11-19-23, Utah Code Annotated 1953, as amended. The amended redevelopment plan shall be entitled, "C.B.D. Neighborhood Development Plan," dated July 15, 1977. 2. The legal description of the amended boundaries of the project area covered by the redevelopment plan entitled, "C.B.D. Neighborhood Development Plan, dated July 15, 1977, is as follows, to-wit: Commencing at the Southwest Corner of the intersection of Second West Street and Fifth South Street; thence North along the West right-of-way line of Second West Street to the South- west Corner of the intersection of Second West Street and Second South Street; thence West along the South right-of-way line of Second South Street to the Southwest Corner of the inter- section of Second South Street and Third West Street; thence North along the West right-of-way line of Third West Street to the Northwest Corner of the intersection of Third West Street and South Temple Street; thence East along the North right-of- way line of South Temple Street to the Northwest Corner of the intersection of South Temple Street and Main Street; thence _118 North along the West right-of-way line of Main Street 265 feet thence East 132 feet to the East right-of-way line of Main Street; thence East 340.25 feet; thence South 79 feet; thence East 14.5 feet; thence South 60 feet; thence West 15.75 feet; thence South 126 feet to the North right-of-way line of South Temple Street; thence East along the North right-of-way line of South Temple Street to the Northeast Corner of the inter- section of South Temple Street and State Street; thence South along the East right-of-way line of State Street to the Northeast Corner of the intersection of State Street and Second South Street; thence East along the North right-of-way line of Second South Street to the Northeast Corner of the intersection of Second South Street and Second East Street; thence South along the East right-of-way line of Second East Street to the Southeast Corner of the intersection of Second East Street and Fourth South Street; thence West along the South right-of-way line of Fourth South Street to the Southwest Corner of the intersection of Fourth South Street and Main Street; thence North along the West right-of-way line of Main Street to the Southwest Corner of the intersection of Third South Street and Main Street; thence West along the South right-of-way line of Third South Street to the Southeast Corner of the intersection of Third South Street and West Temple Street; thence South along the East right-of- way line of West Temple Street to the Southeast Corner of the intersection of West Temple Street and Fifth South Street; thence West along the South right-of-way line of Fifth South Street to the place of beginning; all in Salt Lake City, Salt Lake County, Utah, containing all of Blocks 41, 50, 52, 53, 56, 57, 58, 59, 67, 68, 69, 70, 75, 76, 77, 78, and part of Block 88, Plat "A", Salt Lake City Survey. 3. The purpose and intent of the Salt Lake City Commission with respect to the project area is to accomplish the following purposes by adoption of the amended redevelopment plan entitled, "C.B.D. Neighborhood Development Plan, dated July 15, 1977: a. Removal of structurally substandard buildings to permit the return of the project area land to economic use and new construction. b. Removal of impediments to land disposition and develop- ment through assembly of land into reasonably sized and shaped parcels served by improved public utilities and new community facilities. c. Rehabilitation of buildings to assure sound long term economic activity in the core area of Salt Lake City. -2- d. Elimination of environmental deficiencies, including among others small and irregular lot subdivision, over- crowding of the land and inadequate off-street parking. e. Achievement of an environment reflecting a high level of concern for architectural and urban design principles, developed through encouragement, guidance, appropriate controls and professional assistance to owner partici- pants and redevelopers. f. Implement the tax increment financing provisions of the Utah Neighborhood Development Act, which is incorpor- ated herein by reference and made a part of this Ordin- ance. g. Strengthening of the tax base and economic health of the entire community and of the State of Utah. h. Provisions for improvements to public streets, curbs and sidewalks, other public rights-of-way, street lights, landscaped areas, public parking, and other public improvements. 4. The redevelopment plan entitled, "C.B.D. Neighborhood Develop- ment Plan," dated July 15, 1977, is incorporated herein by reference and made a part of this Ordinance. 5. The C.B.D. Neighborhood Development Plan dated July 15, 1977, is hereby designated as the official redevelopment plan of the project area, 6. The Salt Lake City Commission hereby determines and finds as follows: a. The project area comprising the major portion of the central business district of Salt Lake City as above described is a "blighted area" as defined in Section 11- 19-2, Utah Code Annotated 1953, as amended, and that -3- the redevelopment of said area is necessary to effectuate the public purposes set forth in the Utah Neighborhood Development Act and public purposes intended by the establishment of the Redevelopment Agency of Salt Lake City. b. The redevelopment plan would redevelop the above described area in conformity with the Utah Neighborhood Development Act and is in the best interests of the public peace, health, safety and welfare of the area and the community. c. The adoption and carrying out of the plan is feasible and economically sound. d, The redevelopment plan conforms to and is compatible with the master plan of Salt Lake City, Utah. e. The carrying out of the redevelopment plan will promote the public peace, health, safety and welfare of the com- munity and will effectuate the purposes and policy of the Utah Neighborhood Development Act. f. The condemnation of the real property, if and as provided for in the redevelopment plan, is necessary to the execu- tion of the redevelopment plan and adequate provisions have been made for the payment of said property to be acquired as required by law, g. The Redevelopment Agency of Salt Lake City has a feasible plan for the relocation of persons, if any, to be temporarily or permanently displaced from housing facilities in the project area. h, Persons displaced from the project area, if any, are able to find or will be able to find either in the project area or -4- 148 in areas not generally less desirable in regard to public utilities and public and commercial facilities, and at rents or prices within their financial means and available to them, decent, safe, and sanitary dwellings equal in number to the number of dwellings displaced and reason- ably accessible to their places of employment. 7. The Salt Lake City Commission is satisfied that permanent hous- ing facilities will be available within three years from the time occupants of the pro- ject area, if any, are displaced, and that pending the development of such facilities, temporary housing at comparable rents to those existing at the time of the displace- ment will be available in the general area. 8. This Ordinance adopting the amended redevelopment plan entitled, "C.B.D. Neighborhood Development Plan," dated July 15, 1977, incorporates the provisions of tax increment financing permitted by the Utah Neighborhood Development Act, and specifically Section 11-19-29, Utah Code Annotated 1953, as amended, which provides as follows: 1. Any redevelopment plan may contain a provision that taxes, if any, levied upon taxable property in a redevelop- ment project each year by or for the benefit of the State of Utah, any city, county, city and county, district, or other public corporation (hereinafter sometimes called "taxing agencies") after the effective date of the ordin- ance approving the redevelopment plan, shall be divided as follows: (a) That portion of the taxes which would be produced by the rate upon which the tax is levied each year by or for each of the taxing agencies upon the total sum of the assessed value of the taxable property in the redevelopment project as shown upon the -5- 1'18 assessment roll used in connection with the tax- ation of such property by such taxing agency, last equalized prior to the effective date of such ordin- ance, shall be allocated to and when collected shall be paid into the funds of the respective taxing agencies as taxes by or for said taxing agencies on all other property are paid (for the purpose of allocating taxes levied by or for any taxing agency or agencies which did not include the territory in a redevelopment pro- ject on the effective date of such ordinance but to which such territory has been annexed or otherwise included after such effective date, the assessment roll of the county last equalized on the effective date of the ordinance shall be used in determining the assessed valuation of the taxable property in the pro- ject on the effective date); and (b) That portion of the levied taxes each year in excess of such amount shall be allocated to and when col- lected shall be paid into a special fund of the redevelop- ment agency to pay the principal of and interest on loans, moneys advanced to, or indebtedness (whether funded, refunded, assumed, or otherwise) incurred by such redevelopment agency to finance or refinance, in whole or in part, such redevelopment project. Unless and until the total assessed valuation of the taxable property in a redevelopment project exceeds the total assessed value of the taxable property in such project as shown by the last equalized assessment roll referred to in subsection (1)(a)of this section, all of the taxes levied and collected upon the taxable property in such -6- 1'18 redevelopment project shall be paid into the funds of the respective taxing agencies. When such loans, advances, and indebtedness, if any, and interest thereon, have been paid, all moneys thereafter received from taxes upon the taxable property in such redevelopment project shall be paid into the funds of the respective taxing agencies as taxes on all other property are paid. 9. The Salt Lake City Commission hereby determines and finds that the parcels of real property described in the redevelopment plan entitled, "C.B.D. Neighborhood Development Plan," dated July 15, 1977, under the heading Acqui- sition and Clearance, to-wit: parcels number 76-1 through 76-13, located in Block 76, Plat "A", Salt Lake City Survey, are located within the boundaries of the project area covered by the redevelopment plan and consist of buildings, improvements or lands which are detrimental or inimical to the public health, safety or welfare of the community as defined in Section 11-19-9, Utah Code Annotated 1953, as amended, and that the redevelopment of said parcels as provided in the plan is in the public interest and will promote the public health, safety or welfare of the community. Section II. In the opinion of the Board of Commissioners of Salt Lake City, it is necessary to the peace, health, and welfare of the City of Salt Lake that this Ordinance take effect immediately. Section III. This Ordinance shall take effect at once upon its first publica- tion. -7- 118 PASSED by the Board of Commissioners of Salt Lake City this 14th day of September, 1977. Ted L. Wilson, Mayor Mildred V. Higham, Cit ecorder (Seal) Bill No. 148 of 1977 Published September 21, 1977 -8- Affidavit of Publication STATE OF UTAH, ss, County of Salt Lake —..•.- AN DR its—s4Ee _..•—•^ RedevelopmORDIent Agency of of t L eke City, Utah, win Shane De Palmer modifying 11 andZe, Utah Coda h 195e, to arntnPim titl ,ro.Odemeigho NeighborhoodDevelpme Development Plat entitled,1977, preM Neighborhood s the Plan;•dated Aprr, of.ler7,as cra re eoe n adroit,115 tfeo/fi<lal redaveloPneni Mar. of the paedlnat4y NBoard 1. Being first duly sworn,deposes and says that he is legal adver- Na It orealneegy'p�e Boars m Cornmleslonors gf Salt Lake Cl Section 111 "1n6 N borood Da`oe, ,nont rm losing clerk of the DESERET NEWS, a daily (except Sunday) entitled,•G.11.u.Nelghbo Plan,•dmotl Anr 125,19�/,abmc and the same Is hereby arise dud to read as follows: 1. It has boons territory and desirable to modify newspaper printed in the English language with general cir- feemhno and DegMe etleonnenenr"Pi,,t'detect"A m255..'1977.6D collation on Utah, and ublished in Salt Lake City, Salt lake na"°9ro UtahlCo e°"grralnq certain sfamen provided md.Thea ender County in the State of Utah. redevelopment plan ella be 55,19d, C.B.D.Neighborhood �aLlil-. Development al do dated July 15,1977. ' 2.The legal inlet of the amended boundaries of the erolecr arm covered%by the redevelopment titled, i�2e fan-.Neighborhood Development Plan,•data July 155,lefe That the legal notice of which a copy is attached hereto s Commencing et the Southwest Corner of the intersec- tion of Second Weet an,Fifth South Street;thence North Tong the West rigMaf-way lleeof Second Woslstreet to Pub notice of an ordinance relating,to_ th-tz the Southwest Corner of Me Intersection M Second West ----- Street and Second South Street;thence West alone the South right-of-way line of Second South Street to the Southwest Corner of MA i reaction of segue South Neighborhood Development Plan Street and Third West treat;thence Norm along lPm ie ----- g- -- p _ west ri0M-of-way lbw of Third West Street ter Street end South Comer of the t-thence of Third West Street and South Temple Street thence East along the North Corner-wav Ilse of South Tempi°Street to the Nr tar,t of the imersecoon of South Temple Street and Main Street;thence North along the West rl of-wav line m Male Street 2e5 feel thence East 132 teet to the East wa fty right-of- line of Male Shaul;thence East 310.25 Met;traoeeManta Seoul 79 feet;thence Ease 14.5 Net;thence beet60 feet;thence West 15.75 feet;thence South 126 feet to thence the East right-of-way the North rigf ht-of-way a line of South Tempe Street to the Northeast Corner of the -- ---- -----_._ --_—._-. _' Intersection of South Temple Street and-State Street, -" Amoco South along Me East right-of-way line of State Street to tee Northeast Comer of the intersection of Stale Sept., 21i 1977 Street and Secdq South Street;thence Eaassth long the was published in said newspaper on _p_ North iehfor-way line of Second South Strret to the ._ Northeast Corner of the intersection pL oth al South Street and Second East street;thencei5o1st11 long'the 5 a East right-of-way Cartier line a named onStreet to the Southeast treO t ant Fourth South Sheet;intersection heeet;thMbe West along of Second tst Sothwesf Corner l iheointeberet Sarni StreetF o 010 uth Street and Main Street;thence North along the West right-el-way line of Main Street to the Southwest Corner tf to Intersection of Third South and Street a Main Street; \ 1 hence West along the South rlgMof wav line of Third 1 South street to the Southeast Corner of the intersection of � kii��-h•t.�� ry. -- alum �ti �>-- �_'�/��ti -Third South Sheet and West Tempe Street:manta South ! _ outh astlCorrner�of the line Inter-section of Wont Tey`oohtnple Legal Advertising Clerk Street and Fifth ySouth Sheet;thence West along the g g ofSouth beginning; uplink nip of LLaklth kee COn.--Salle South-Street ke lCoplace Utah,7,68,69,d70 75n 76l71,7f 8,ando part of Btocckk 69,E Plat'A, Salt Lake City survey. 3.The purpose and intent of the Sat Lake City Commission 011th respect e the neprol�the area is to accomplish the following amended redevelopment Men•e 7ne this______ 30th __-- day of 15ruled,"C.O.D.Neighborhood Development Plan,"dared July, - " _ _ ,1977; a Removal at roles area land to Opp bulltlirus to d n ne the etum of tg prelect area land to etanonllc use aed ntow construction. D. 19 77 aon. _ b. Removal of inthendimentsla to land disposition and development through assembly of land into neosonably seined and sham.shad parcels served by Improved public utilities and now communityRen fasbliltatio i c R ertlity in I bondage to assure ty lone term i i economic imis f}ly In the core area a Salt Lake City.cie d Others atom m BnYavph mmcniM deficiencies,onh Incluover-crowding / amtong teandllalall and eallultreelotparkinglsion,over-crowding r /rt / / [ ' e.Achievement of an environment rollechinrqs high level at - / -----_L_�1 -:L concern for architectural end urban design principles,developed 1 Notary l3 oblle through encouragement,gulden®,participants late pentane and r Y - professional assistance to owner particeai,cistggand redevelopers. Utah Neighborhn oodidyDevvelopmentAct,Increment hichpIs In:orp Incisions orporated the heroin be reterence and made apart of this Ordinance. e.Strengthening of the feu bare and economic health of the entire community and of the State of Utah. h.Provisions for Improvements to public streets curbs and sidewaikc,other public doles-of-way,sheet lights,landscaped areas,public parking,and other public Improvom ate. a-The redevelopment plan emitted,"C.B.D.Neighborhood bbye referoreence end madeaa part of this Ordinaa incorporated herein 5.The C.B.D.Neighborhood Development Plan dated July 15 1977,is hereby denlgnated as the official redevelopment plan of theproect area. __ fills as a Sallte nl Lake City Comisslon hereby determines end a.The erolect area comprising the realer portion of the central business district of Salt Lake City as above described is a "blighted ea" as defined In Section 11-19-2, Utah Code Annmated 1953,as amended,and that to redevelopment of said fourth In area aUltah NNyhboyto effectuate the rhotd Dey0lop eM Act blic and publlic oSrpoeea intended by the establishment of the Redevelopment Agency of Salt Lake City. b. flee redevelopment plan lrhlb above described In conformity witth would redevelop Nel honh000d Development Act and is in the best Interests of the public peace, health, The adoption ptiio n and caelfare orrthe y narout and plan Infeasible end tt d.Th l redevelopment plan conforms to and is compatible witht The cam ping put f oflthe Lake edevelompment plan will promote the nubile peace,health,safety and welters of the community and eighborhoo effectuate Develoonnoot aarnosos and policy of the Utah I.The condemnation of the real property,if and as yrovidpl tor In toe redevelopment plan,le necessary le the ozecutP of the `oo pa mmf of said Crroop o-to ll,,e provisions mAreedd asareS iulirred by lew.` p.The Reaeveepmeni Agency of SoltLake City hes e tamooreeliv or frermanentivo displaced fromOOfleouslne facilities)n me proiecr area. • , h emplaced from the protect area,if any,are able to tied or persons ill be ae to find either in it.a project area or in areas not and ccommercial11a facilities,regard ro ents'or pricesw itinpttheir financial means and to them, dwellings equal in number toe the number f dwellingss il displaced and reasonably accessible to their place:;of employment. 7.The Salt Lake City Commission Is satisfied that permanent housing facilities will be available within three years from the time occupants of the protect area,If any,are displaced,and that 00Mingthe development of such facilities,temporary housing al comparable rents to those existing at the time of the ispa cement will be available In the general area. a.This Ordinance adopting the amerced redevelopment plar entitled,5,1977 Incorporates the Neighborhood at tax Incnt rement firancd dub nc permitted by the Utah Nelahbertreal Development Act are 1peClllcelle Settler 11-19-29, Utah Code Annotated 19.i.3 as amended,which erovides as foliows: I.Any redevelopment plan may contain a provision that taxes,if any,levied upon taxable property In a redevelopment a0i cou ry city randelunin,distri t,lor oft htheer Spublfelcorporation (hereinafter sometimes called"taxing agencies")atter ft,@ 'ttectIve date Of the Ordinance approving the redevelopment plan,shall be divided as follows: s: the rate sem That portion ad is levied each yearby oproduced rfierr'e h of tie taxing agencies upon the total sputum of project assessed value of ththe taxable in i IBM In connection with�taxation of wn such Properly by hide taxing agency,last equalised prior to the effective data of such ordinance,4011 be allocated to and when Collected than be paid Into the funds of the respective taxing agencies as taxes by or for said taxing agencies on all other Properly am ldageency thefor purpose ao rich dldax 1 levied ddee the orrritory dinance.ella lvvwnopmeMch territory has been t on the effective date of r otherwise Included after such effective date,the assessment roll Of the count),last equalized on the effective date of the ordinance shall be used In determining the assessed valuation of the taxable prcnlerty in the protect on the effectid¢daate),and )ut aIo xes ehictfsalls mice am0unt shall be allocated t and when collected he paid Into a wroclai fund of the redevelopment agency to pay the Principal of and interest on loins,moneys advanced to,or icrreyscrtotgncy"tf assumed, Indebtedness(whether o finance or In whole Or In part,such redevelopment protect.Unless and until the total assessed valuation of the taxable property in redovelopmrwd protect exceeds the total assessed value of the taxable property in such peeled as stern(by the last equalized all the taxe• ment s leviedand ceileto in cted upoon the)taa)of this sectiois xable property in such redevelopment protect shall b:paid into the funds of the respective xIt ana ndoint interest thereoh n,have have been rald,aal moneys thereafter received from taxes upon the taxable property in such redevelopment protect shall be paid into the funds of the respective taxing agencies as faxes en all Other prooare paid.9..The Lake City Commission hereby determines and finds that the parcels of real propertyq described in the `meal Pim,"ated July 15..11977,and r Neighborhood o heaading Acquisition and Clearance,twit:parcels number 76-1 through 76-Id,located in Block 76,Plat"A",Salt Lake City Survey,are located within the boundaries of the protect area covered by the redevelopment e lan and consist of buildings,Imp is or lands which are etrimental or Inimical to Ilse public heaalth,safely Or welfare of the community as defined In Section 11-19-9, Utah Cate Annotated 1953,as amended,and that the redevelopment of said parcels t1 provided hea the ltft,safely ornwelfar of tthe ceorrenslnun 1y will • Srctlal II.In the upinlon el the hoard of Commissioners of the SaltCitty of Salt Lake that this Ordinance taken health. Immediately a Section Ill.This Ordinance shall take effect at once upon its first publication. 1dM ass of bv Se the aeneber,d 9f Commissioners of Sall Lake City this TED L.W IIL OON MiLDREN V.HIDHAM City Recorder (Seal) 11111 No.148 of 1911 Published September 21,1977 (D-141 1yg