004 of 1988 - Adopting West Temple Gateway Redevelopment Project Area 1 / 0 88-1
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SALT LAKE CITY ORDINANCE
No. 4 of 1988
(Adopting the West Temple Gateway Redevelopment
Project Area Redevelopment Plan Entitled,
"WEST TEMPLE GATEWAY NEIGHBORHOOD DEVELOPMENT
PLAN" , dated August 1, 1987 )
AN ORDINANCE ADOPTING THE WEST TEMPLE GATEWAY REDEVELOPMENT
PROJECT AREA REDEVELOPMENT PLAN ENTITLED "WEST TEMPLE GATEWAY
NEIGHBORHOOD DEVELOPMENT PLAN" , DATED AUGUST 1, 1987.
WHEREAS, the City Council of Salt Lake City, Utah, has
considered adopting the West Temple Gateway Redevelopment Project
Area Redevelopment Plan entitled, "West Temple Gateway
Neighborhood Development Plan" , dated August 1, 1987, and has
held a public hearing on the adoption;
NOW, THEREFORE, the City Council hereby adopts the West
Temple Gateway Redevelopment Project Area Redevelopment Plan
entitled, "West Temple Gateway Neighborhood Development Plan" ,
dated August 1, 1987.
Be it ordained by' the City County of Salt Lake City, Utah:
SECTION 1. That said Ordinance of the City of Salt Lake,
Utah is hereby enacted to read as follows:
WEST TEMPLE GATEWAY NEIGHBORHOOD DEVELOPMENT PLAN 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, "West Temple Gateway Neighborhood Development
Plan, " dated August 1, 1987.
Section 2. Project Boundaries. The legal description
of the boundaries of the project area covered by the
redevelopment plan entitled, "West Temple Gateway
Neighborhood Development Plan, " dated August 1, 1987, is as
follows, to-wit:
COMMENCING at the Northeast corner of the inter-
section of Main Street and 600 South Street;
thence running West along the North boundary line
of 600 South Street to the Northwest corner of 600
South Street and 300 West Street; thence South
along the West boundary line of 300 West Street to
a point where 300 West Street intersects the State
Highway 270 (900 South collector road) ; thence
East and Northeasterly along the South and
Southeasterly boundary line of State Highway 270
(900 South collector road) to a point directly
West of the Southeast corner of West Temple Street
and Fayette Avenue; thence East to the Southeast
corner of West Temple Street and Fayette Avenue;
thence East along the South boundary line of
Fayette Avenue to the Southeast corner of the
inter-section of Fayette Avenue and Main Street;
thence North along the East boundary line of Main
Street to the POINT OF BEGINNING, Salt Lake City,
Salt Lake County, Utah.
Excluding, however, all of Block 23, Plat "A, "
Salt Lake City Survey.
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
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entitled, "West Temple Gateway Neighborhood Development
Plan, " dated August 1, 1987:
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. Implement the tax increment financing provisions
of the Utah Neighborhood Development Act, Utah Code
Annotated, Section 11-19-29, et seq. , which is incorporated
herein by reference and made a part of this Ordinance.
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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.
Section 4. Plan Incorporated by Reference. The
redevelopment plan entitled, "West Temple Gateway
Neighborhood Development Plan, " dated August 1, 1987,
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 "West
Temple Gateway Neighborhood Development Plan, " dated August
1, 1987, 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 11-19-2, Utah Code
Annotated 1953, as amended, and that the redevelopment of
said area is necessary to effectuate the public purposes set
forth in the Utah Neighborhood Development Act.
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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 redevelopment
plan is feasible and economically sound.
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, as provided
for in the redevelopment plan, is necessary to the execution
of the redevelopment plan and adequate provisions have been
made for the payment for property to be acquired as provided
by law.
G. The Redevelopment Agency of Salt Lake City has a
feasible method or plan for the relocation of families and
persons displaced from the project area, if the
redevelopment plan may result in the temporary or permanent
displacement 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
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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 such facilities, there will be
available to such displaced occupants adequate temporary
housing facilities at rents comparable to those in the
community at the time of their displacement.
Section 8. Tax Increment Financing. This Ordinance
adopting the redevelopment plan adopted, "West Temple
Gateway Neighborhood Development Plan, " dated August 1,
1987, specifically incorporates the provisions of tax
increment financing permitted by Section 11-19-29, Utah Code
Annotated 1953, as amended, which provides in part the
following:
1. Any redevelopment plan may contain a provision that
taxes, if any, levied upon taxable property in a
redevelopment 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
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agencies" ) after the effective date of the
ordinance 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 assessment roll used in connection with
the taxation of such property by such taxing
agency, last equalized prior to the effective date
of such ordinance, 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 project
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 project on the effective date) ; and. . .
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(d) In a redevelopment project with a redevelopment
plan adopted after April 1, 1983, that portion of
the levied taxes each year in excess of the amount
allocated to and when collected paid into funds
of the respective taxing agencies under subsection
(a) shall be allocated to and when collected shall
be paid into a special fund of the redevelopment
agency according to the limits set forth in
subsection (e) to pay the principal of and
interest on loans, monies advanced to, or
indebtedness (whether funded, refunded, assumed,
or otherwise) incurred by such redevelopment
agency after April 1, 1983, to finance or
refinance, in whole or in part, such redevelopment
project. Payment of tax revenues to the
redevelopment agency shall be subject to and shall
except uncollected or delinquent taxes in the
same manner as payments of taxes to other taxing
agencies are subject to collection. 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
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ti N tr
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 monies
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.
SECTION 2. EFFECTIVE DATE. This ordinance shall be
effective immediately upon its first publication.
Passed by the City Council of Salt Lake City, Utah,
this 5th day of January 1988.
CHAIRPERSON
ATTES Dea
am
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CITY RUORDER BY
Transmitted to the Mayor on 1/5/88
Mayor's Action: X Approved Vetoed.
MAYOR
ATTEST:
C.L I"k RE r
DER
BRB:pp
(SEAL)
BILL 4 of 1988
Published: Not Published - pulled_