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021 of 1993 - AN ORDINANCE OF THE CITY OF SALT LAKE CITY UTAH, ADOPTING0 93-1 0 93-12 CITY OF SALT LAKE CITY A MUNICIPAL CORPORATION ORDINANCE NO. 21 AN ORDINANCE OF THE CITY OF SALT LAKE CITY UTAH, ADOPTING THE SALT LAKE CITY BASEBALL STADIUM NEIGHBORHOOD DEVELOPMENT PROJECT AREA REDEVELOPMENT PLAN, AS AMENDED, ENTITLED, "SALT LAKE CITY BASEBALL STADIUM NEIGHBORHOOD DEVELOPMENT PLAN, AS AMENDED", DATED MARCH 12, 1993. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SALT LAKE, UTAH AS FOLLOWS: SECTION I. That said Ordinance of the City of Salt Lake, Utah is hereby enacted to read as follows: SALT LAKE CITY BASEBALL STADIUM NEIGHBORHOOD DEVELOPMENT PLAN, AS AMENDED Sections: 1. Neighborhood Development Plan. 2. Project Boundaries. 3. Purposes of Redevelopment Plan. 4. Plan Incorporated by Reference. 5. Plan Officially Designated. 6. Council Findings. 7. Housing Facilities. 8. Tax Increment Financing. Section 1. Neighborhood Development Plan. It has become necessary and desirable to adopt a redevelopment plan entitled, "Salt Lake City Baseball Stadium Neighborhood Development Plan, as amended" dated March 12, 1993. Section 2. Project Boundaries. The legal description of the boundaries of the project area covered by the redevelopment plan entitled, "Salt Lake City Baseball Stadium Neighborhood Development Plan, as amended" dated March 12, 1993, is as follows, to -wit: Beginning at the intersection of the North line of 1300 South Street and the West line of West Temple Street, said point being the Southeast Corner of Lot 1, Block 4, Holland Subdivision; thence N 0°04'05" W along the West line of West Temple Street a distance of 431.86 feet; thence N 0°05'28" W along said West line a distance of 185.42 feet; thence N 89°53'30" E 67.41 feet to the intersection of the East line of West Temple Street and the North line of Paxton Avenue; thence N 89°53'30" E along the North line of Paxton Avenue a distance of 387.87 feet to the intersection of the North line of Paxton Avenue and the East line of Richards Street; thence S 0°05'35" E 65.89 feet to the intersection of the East line of Richards Street and the South line of Paxton Avenue; thence S 0°05'35" E along the East line of Richards Street a distance of 541.90 feet to the intersection of the East line of Richards Street and the North line of 1300 South Street; thence N 89°59'55" E along the North line of 1300 South Street a distance of 305.55 feet to the intersection of the North line of 1300 South Street and the West line of Main Street; thence S 89°59'50" E 133.73 feet to the intersection of the North line of 1300 South Street and the East line of Main Street; thence S 1°12'15" W 70.62 feet to the intersection of the East line of Main Street and the South line of 1300 South Street; thence S 0°01'00" W along the East line of Main Street 410.97 feet; thence S 89°20'18" W 308.95 feet; thence S 0°00'57" W 95.59 feet; thence S 89°45'00" W 149.78 feet; thence S 89°19'27" W 55.40 feet; thence S 89°50'02" W 378.56 feet to the West line of West Temple Street; thence N 0°05'27" W along the West line of West Temple Street a distance of 507.09 feet to the intersection of the West line of West Temple Street and the South line of 1300 South Street; thence N 0°18'58" E 65.70 feet to the point of beginning. Contains 17.586 feet acres. Less and excepting the following described parcel: All of Lots 1 and 22, Block 8, North Columbia Subdivision, according to the official plat thereof, on file with the Salt Lake County Recorder. Section 3. Purposes of Redevelopment Plan. The purpose and intent of the City Council of the City of Salt Lake with respect to the project area, is to accomplish the following purposes by adoption of the redevelopment plan entitled, "Salt Lake City Baseball Stadium Neighborhood Development Plan, as amended" dated March 12, 1993: - 2 - 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 development through assembly of land into reasonably sized and shaped parcels serviced by improved public utilities and new community facilities. C. Rehabilitation of building to assure sound long-term economic activity in the core area of the City of Salt Lake. D. Elimination of environmental deficiencies, including among others, small and irregular lot subdivi- sion, overcrowding of the land and inadequate off-street parking. E. Achievement of an environment reflecting a high level of concern for architectural and urban design prin- ciples, developed through encouragement, guidance, appro- priate controls and professional assistance to owner par- ticipants and redevelopers. F. Strengthening of the tax base and economic health of the entire community and of the State of Utah. G. Provisions for improvements to public streets, curbs and sidewalks, other public rights -of -way, street lights, landscaped areas, public parking, and other public improvements. Section 4. Plan Incorporated by Reference. The redevelopment plan entitled, "Salt Lake City Baseball Stadium Neighborhood Development Plan, as amended" dated March 12, 1993, together with supporting documents is incorporated herein by reference, is attached hereto, and made a part of this Ordinance. Copies of said Plan shall be filed and maintained in the office of the City Recorder for public inspection. Section 5. Plan Officially Designated. The "Salt Lake City Baseball Stadium Neighborhood Development Plan, as amended" dated March 12, 1993 is hereby designated as the official redevelopment plan of the project area. Section 6. City Council Findings. The City Council of the City of Salt Lake hereby determines and finds as follows: A. The project area, as above described, is a "blighted area" as defined in Section 17A-2-1202, Utah - 3 - Code Annotated 1953, as amended, and that the redevelop- ment of said area is necessary to effectuate a public purpose. B. The redevelopment plan would redevelop the area in conformity with the Utah Neighborhood Development Act and is in the interests of the public peace, health, safety and welfare of the area and the community. C. The adoption and carrying out of the redevelop- ment plan is economically sound and feasible. D. The redevelopment plan conforms to the master plan or general plan of the City of Salt Lake. E. The carrying out of the redevelopment plan will promote the public peace, health, safety and welfare of the community and will effectuate the purposes and policy of the Utah Neighborhood Development Act. F. The condemnation of the real property, is not provided for in the redevelopment plan and is not necessary to the execution of the redevelopment plan. G. The Redevelopment Agency of Salt Lake has a feasible method or plan for the relocation of families and persons displaced from the project area, if the redevelop- ment plan may result in the temporary or permanent displ- acement of any occupants of housing facilities in the project area. H. There are or are being provided in the project area or in other areas not generally less desirable in regard to public utilities and public and commercial facilities and at rents or prices within the financial means of the families and persons displaced from the project area, decent, safe, and sanitary dwellings equal in number to the number of and available to such displaced families and persons and reasonably accessible to their places of employment. Section 7. Housing Facilities. The City Council of the City of Salt Lake is satisfied that permanent housing facilities will be available within three years from the time occupants of the project area are displaced and that pending the development of these housing facilities, there will be available to the displaced occupants adequate temporary housing facilities at rents comparable to those in the community at the time of their displacement. 4 Section 8. Tax Increment Financing. The redevelopment plan does not include the provisions of tax increment financing permitted by Section 17A-2-1247, Utah Code Annotated 1953, as amended. SECTION 2. This ordinance shall take effect upon publication. PASSED by the City Council of the City of Salt Lake, Utah, this IBAjA day of April, 1993. �y-�✓ IU . 1�.ditJfJ CHA` ERSON ATTEST: tePt5ry O' ,ER Transmitted to the Mayor on April 13 , 1993. CHIEF DEN Mayor's Action: , Aproved ATTEST: RDER (SEAL) Bill No. 21 of 1993 Published: April 21, 1993 ed. ee ee drradini