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044 of 1982 - Text Amendment C.B.D. Neighborhood Development Plan HROFILMED T 82-2n SALT LAKE CITY ORDINANCE No. 44 of 1982 (C.B.D. Neighborhood Development Plan) AN ORDINANCE AMENDING CHAPTER 8 OF TITLE 24 OF THE REVISED ORDINANCES OF SALT LAKE CITY, UTAH, 1965, RELATING TO C.B.D. NEIGHBORHOOD DEVELOPMENT PLAN. Be it ordained by the City Council of Salt Lake City, Utah: SECTION 1. That Chapter 8 of Title 24 of the Revised Ordinances of Salt Lake City, Utah 1965, is hereby amended to read as follows: Chapter 8 C.B.D. NEIGHBORHOOD DEVELOPMENT PLAN Sections: 24-8-1. Neighborhood development plan. 24-8-2. Project boundaries. 24-8-3. Purposes of redevelopment plan. 24-8-4. Plan incorporated by reference. 24-8-5. Plan officially designated. 24-8-6. Council findings. 24-8-7. Housing facilities. 24-8-8. Tax increment financing. 24-8-9. Designation of Redevelopment Agency. Sec. 24-8-1. Neighborhood development plan. It has become necessary and desirable to adopt a redevelopment plan entitled, "C.B.D. Neighborhood Development Plan", dated May 1, 1982, adopted June 15. 1982, in certain re- spects as provided by Section 11-19-23, Utah Code Annotated 1953, as amended. The redevelopment plan shall be entitled, "C.B.D. Neighborhood Development Plan", dated May 1, 1982. Sec. 24-8-2. Project boundaries. The legal description of the boundaries of the project area covered by the redevelopment plan entitled, "C.B.D. Neighborhood Development Plan", dated May 1, 1982, 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 Southwest Corner of the intersection of Second West 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 Fourth West Street; thence North along the West right- of-way line of Fourth West Street to the Northwest Corner of the intersection of Fourth West Street and North Temple Street; thence East along the North right-of-way line of North Temple Street to the Northeast Corner of the inter- section of North Temple Street and Second West Street; thence South along the East right-of-way line of Second West Street to the Northeast Corner of the intersection of Second 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 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 intersection 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 Northeast Corner of the intersection of Second East Street and Fourth South Street; thence East along the North right-of-way line of Fourth South Street to the Northeast Corner of the intersection of Fourth South Street and Third East Street; thence South along the East right-of-way line of Third East Street to the Southeast Corner of the intersection of Third East Street and Fifth South Street; thence West along the South right-of-way line of Fifth South Street to the Southwest Corner of the intersection of Fifth South Street and State Street; thence North along the West right-of-way line of State Street to the Southwest Corner of the inter- section of State Street and Fourth South Street; thence West along the South right-of-way line of Fourth South Street to the Southwest Corner of the inter- section 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 37, 38, 41, 48, 49, 50, 52, 53, 56, 57, 58, 59, 60, 61, 66, 67, 68, 69, 70, 75, 76, 77, 78, 79, 84, 85, and part of Block 88, Plat A, Salt Lake City Survey. Sec. 24-8-3. Purposes of redevelopment plan. The purpose and intent of the Salt Lake City Council with respect to the project area, is to accomplish the following purposes by adoption of the redevelopment plan entitled, "C.B.D. Neighborhood Development Plan", dated May 1, 1982. 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 reasonable sized and shaped parcels serviced 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. D. Elimination of environmental deficiencies, including among others small and irregular lot subdivision, 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 principles, developed through en- couragement, guidance, appropriate controls and professional assistance to owner participants and redevelopers. F. Implement the tax increment financing provisions of the Utah Neighborhood Act, Utah Cade Annotated Section 11-19-29, et seq., (1973) which is incorporated herein by reference and made a part of this Ordinance. 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. Sec. 24-8-4. Plan incorporated by reference. The redevelopment plan entitled, "C.B.D. Neighborhood Development Plan", dated May 1, 1982, together with supporting documents is incorporated herein by reference, is attached hereto, and made a part of this Ordinance. Three copies of said plan shall be filed and maintained in th+ Office of the city recorder for public in- spection. Sec. 24-8-5. Plan officially designated. The "C.B.D. Neighborhood Development Plan", dated May 1, 1982, is hereby designated as the official redevelopment plan of the project area. Sec. 24-8-6. City Council findings. The Salt Lake City Council 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 as a "blighted area" as defined in Section 11-19-2, Utah Code Annotated 1953, as amended, and that the redevelop- ment of said area is necessary to effectuate the public purposes set forth in the Utah Neighborhood Development Act and public purposes intended by the estab- lishment 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 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 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 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 reasonably accessible to their places of employment. Sec. 24-8-7. Housing facilities. The Salt Lake City Council is satisfied that permanent housing facilities will be available within three years from the time occupants of the project 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 displacement will be available in the general area. Sec. 24-8-8. Tax increment financing. This ordinance adopting the redevelopment plan entitled, "C.B.D. Neighborhood Development Plan", dated May 1, 1982, specifically incorporates the provisions of tax increment financing permitted by Section 11-19-29, Utah Code Annotated 1953, as amended, which provides the following: 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 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 B. That portion of the levied taxes each year in excess of such amount shall be allocated to and when collected shall be paid into a special fund of the Redevelopment 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 projects as shown by the last equalized assessment roll referred to in subsection A of this section, all of the taxes levied and collected upon the taxable property in such redevelopment projects shall be paid into the funds of the respective taxing agencies. When such loans, advanced, 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. Sec. 24-8-9. Designation of Redevelopment Agency. The Salt Lake City Council is designated as the Redevelopment Agency of Salt Lake City and shall have the power to transact the business and exercise all the powers pro- vided for in the "Utah Neighborhood Development Act", Section 11-19-1, et seq., Utah Code Annotated 1953, as amended. SECTION 2. This ordinance shall take effect upon its first publication. PASSED by the City Council of Salt Lake City, Utah, this 15th day of June, 1982. CHAIRMAN ATTEST: ITY RECORDER Transmitted to Mayor on June 16, 1982 Mayor's Action: jr MAYOR ATTEST: �ITYRECORDER ( S EAL) BILL 44 of 1982 Published Jul} 2, 1982 AOM 35A Affidavit of Publication STATE OF UTAH, ss. County of Salt Lake SALT UKB ORDINANC.9 Na i.ne organ py�) AN O D., R C TITLE 2A UTAHNE u} r N0001DE VELOb T B Being first duly sworn,deposes and says that he is legal Oral- read e'T r j. °dto advertising clerk of the DESERET NEWS, a daily b6f 6I.DP (except Sunday) newspaper printed in the English M6:NT PLAN language with general circulation in Utah, and all published in Salt Lake City, Salt Lake County, in the State of Utah. That the legal notice of which a copy is attached hereto .Mditsa, - 06 it hill, ms tlai, wtnNnt M eml- rs«ti e� b1Y Pub. Ordinance No 44 of 19.82 relating to rDs�va tfr:; a;. M-11te etNldwcrtpflSn C.B D Neighborhood Development Plan P11 ' V I c the In NwM hnaol S . lr 11 Ofr'r ., S}} ............................................................................................................... ! ' TIS1olt nd theIon: .f Oni � ............................................................................................................... OF �tt�f IM'a Faurtn Nat-, TNn a S1 i '_T PNfanE ............. ....... ........... .. ...... .. ....... ........ w Nemn �t�f 11 CBNt th e E I .9MI ro j'� was published in said newspaper on......................................... St E. a:r i j a iw ..Pub,.,JulY...2z..1982.. .......... .... ... .. .. ..... rfhep !. f tIN ......... ....................../.�..G.l.-C+4-<-,...Q.....!"-G':��t7:..�"" s Legal Advertising G rk Eerf$treat.lY ,. .of�Y IIro�M Second Ea a rot a!p �cr a Second Eaer srh�aaf end F"ourl j wStr«, Irn.n«°` F= re me this.............16th............................................................day of ielpwYghamae Nopr rrl9W,f Or line of oou�rMpoSuo�ulnM S}oru�tahf fo me d TfIMA Eat Sf of theMencs 5aufhRC IM EiN rlpjf.�W-f Iitt:the,Ireleer�lPait al ml.�°`d{E:eri° `ns01a yyIFMIrin swmA°rsgf..:" ....A.D.19.82.... \J rSir M It?eat elonPflNa}a'.'h SrYhtIMMieOffbnnhl Fifth IMarW-t1m tpMSSoouuS atMemfvVae4�'tr sf ar iW}ronFeur�m 8oum Street.thence ma Kid I Fourth%tar wmw a r�ie West Nora r o•Wa Ilre a au Sirosf J ro me soPmxes "cwnw a me�am r.ecflon or��ouiih sout� Street and Main Shan;th—N M me West rlehlo .. .. waY Iola a Third sheet ro the Eaul�f nw a the mM- .............._ Notary Pub c a�ppnnttleftf��t�tefaaM SwM ry jgSWfar eel�r�b Ird South thaftee Wjh�a y WMT TTaMmPCNMSIreal Mpenkaa9toulhSgalpOINWmT the hird�rl hmte�iMY to the I�West allong IdpM�e(pSor�uq�fMrhgri h= an lift of MR Soumaf��ffr ro 97,�nr"$6 d0,61N6f6000d1�So�.fooBff�oe ci�i�Lake we�.C`n�Salt LM a Pu nd buaiclamgkeNh Hq rollow InrorgwkhrrpnPaae�eswsc�m f ar a the De"I rawslawnant Plan a�dltled,"C.B.o.'Naatexxllooe PPPNnr%an",dared May 7 1934. A. Removal a Strvcturalfv Inard bulldiree ro Permit the raMn of fM Prolact a—Is to ecorernk as aw ....... new CContlructlan. !. NeN1aVa1 of ImPedlmenh ro iRrW dNpolb 0 and de- v9lopmant m/gS0wvaaa�7bIY a la t II 9glable ll" and 'c�ommw1 NIIUIa�Nq PY ImproY9d,puM C'M III eM new C. � IIt;6 a bulldinp to Nun he lore term acommt� nvY�1n ma con wasol8awaftr'. W�rro D. it Hdnq rarvlproelmgll h wW ovi crcraw0- trem0na°tMi a nedaw wl hsfrai wren ptfMMYnol�har9inhl�rfouMleiOnraNlanialM urmbladallcae, lnoo 1%NOMwI�icdV Prole MWMaplonel sulafanaa f9 ownw wrtMoente and r elowmfre Urytnt�ndySh of the Mx Increment flnenclnP Orovl.lau a 19•p9,NIIr0.,(197 j INNM y IHnrnnCwifW harearnl by roh�rence and me WtraePlaartmoaff in 6 name, n aKa�mt C health of me"i Po loss,foradmopfmr"if s Ketitoypubl�1,at lna9 cwN ande Wtl a�reaalivaNOUMie r�htlkrear1ndOO#M Publle mlprowrlrmenlain,� n1aM pplanr entltlW�r�"CrwBrD NNohoferrfencc�e.TpM.vered".6bnt �is ln==tg Pnlaadne",dafsd Maryhvllwalap1r9d3lfn,t0 hh.r�wN�hoowleP iarflnoEdne�caunmplfe be 11�ead PnM PaInNHNd InKthea oN,"C MO 410W4101 r mil IN C InNNofM. o e IceNd,7M borlro 0 7a as tf,F omPlaNnl�r Pated Mw 1�1 1yCp.B.D.MrIWP1��Y wet. o f 4"Wal red alapmm PNn el Mi Protect era:: -.- ree-e.city CWngll flfMl�s wl TM$sit Laos CMY Co cll Mn6 Bawl l—antl Ana as rmbwa: A. woiset era ca"0,1 ng t porMdpaia�d Ms Trill ei Gfb�iwin 1011111 Uleh Cods Ann I 1 as aiMrMe0,and t iM ra0evdaomanl m Id arh Inm is tlacaafy ro aflecfwta Itw publlt WrPoca set WNpOsart fM NpyelNi eao atbhawDltllMmen'f of Ae Redeawbpmenf APMtcY 01 Self Lake CI1rYhs roda1._f.M oleo walla feWwlpp ilia above DMevaia�aman Ac'11"M br n'ry1De bartMeUtaahh NW.IYMMorI� peace,halite,afefv,aro welfare of Me are and fM commu. nity. C.TM atlopflon and carrying out of the Plan Is feasible and ecunomlcally sound. M ttr h. olan It Lik C"11 Utah an"Is compeflgs E.rTMhe Carlryirngyeoput d iM reavdoomeM den WIII ma cornmuni and will eHMut Ada the purposes'a etW rol m H"roie U1M NTM c dM ,=I. MWr"e""trAsel-poparry,a provldsd by In the roavelooment Plea,b Mpieery h iM sxeWllon d Me reeevdoPmenl Olea d eeaWata Provisions hew been made for Me aymaM W akl PropsrtY ro M ecoulrse as re- au1fG TM Raewlopmenf Aaencv d Salt Lake Cllr r-p o-as artly lorppHlnaMllflY disddcad flWelll teal iskty ficirlflar n"Ms Prefect area. H.Persons diecpprod tram Me oorr ixt era,M eaY,are able fo find or will be able to find ZtMr In ttre prolaM era m I eray ndpp Wally less asiraDro In reoerd ro ov011C dlll- i{es ash pu011c and carmarclal}Mlllllar erM of rash!a xb a IMin their flroMlal mans ash availed.le them,depot sets arM aMhry dwellings cowl In ro IM Wmhef of dwalllnp dadapd and rasans6ly ac"psslds h Msrir plepa of smdormeM. t1es� la sm si IIM Mat peram'arenf i'houd /irofsxccllllflst w'Iil M e av 1 kl wRminlftenreye reClapl cad,uW Mat permIng Me dwell of such facf111im,tamporary Musing of pmarabM rsma ro 'hobs ex15I�of Me time of iM tllsplKwrtNnt will p avd1a01e In tits penerel era. e0o05f1«np 1M Mtlewloprtg0 PIa"en"fine'ed'ng"C.6 O.P�'hl'dt"a"ror hootl MveiopmeM PhM'.aided May t,{Pot,aPeclfka lv In pr—'I-itd MovlaroM m to IncTameaf flMMing permiNW by Secfron 71-10.tY,ut Coa AMdatatl I-as antarMse, whkgmp/roW�It'opmY'M Wan maY cOMeln a provlalan I- faxa,If an,IsvNd tagn faaDla Pro"Br1Y In a rMswloprtMM protect exK veer DY or rot ins beroM d 1M'Slate of lMah, env city,cOUMv they ash ooumn�fssv6{,dlshlO or o1Mr_al pr- Mite�'deaia.HMI_asN o/tIM'ofdlnerroe deDOravIM th reds a� OPmaM plea,stash es Oil—a. as roliowa: the A Plea' an the ax~{ Ietl'eKh YNr DY of foId rbear"fri of the talrro aancia upon Mp total wm d the aaaued wlp 0fppthe faxala Prm+eM In iwhsseredaysloprrwrd ProIM ee rlxlwn of sucnNPfaopartv.iinsMll'raxlndinpcoancnye Ialadn aw'WMekzt"ea an edhp ro the ettxdw data m such ardManp,!Dell M aboceted so aMl when coilectatl shell be aid Info the-0.1 d-ra a- taxlng ngenuas as faxa�p(vorw for aid taxkq aaMia M all r lay W by a foraenvaizI a the a sae 00lei"aM dh III t mf inclua iM torrIt Ina redevelOPmdd ProjM an Me~- tiw data d suet adlronce but b which eudt hrrbory hes bean aeaexstl m ofM-1.Included afterchM .data, v =8t6elrrdna"nconty1u asesbedb uall I nn aateavlation of the taxable Prowty ehe the eRectiw date);aro such em01"atinf°in'il"a allxnadd tto ache wtonn collected shaall bate Mb princlal M"'dri„taps tt o"en==tsdve=drfa aoyr IndebiMMu wM1Mr WMstl,reluMM,aaumM,ar oiMr- wla)IriWr Dv such rsavaloanent aasnCV ro tiro Un u"aoiid untw'llro'ihe hfalarsieaM t. call m>Mt tp�k seasatV 1'i!"B OI he euab'ople prop"Bmm In wadtppolxrAefb u slwwn by Me last aquallzetl seaamat cal raterred ro In subasmlpn texebia pro0 t Iri w t nEeva otapvm'ksn"feaprtlo1Z III hee Per C Into Me NMa d M•rosPact rextM.aOaKNs.WhM wOh lam,advanced,ari8 IMebtNMes,N anhane Iniarat iherc on,have been'Id all moron ihareader fapived from tea uaon ifw taxebta ProserfY Old radawlowroM.prolM shell M Paid Info the hind d the feapattive talng aaenchs as faxa on el l other pprrasens are Pale. Sec.1N-Y.DepOrletlea 0/RetlevdoPniaM AOeacy.The Salt Los CPIY Ceunc11 Is d..Nne tl a Me Resin` nlM, ApancY of Salt Lake Clry arM shall he the power ro Ireaeact IM buslross ache exsrciss all the s prOYkhtl M In Ilre UtM Nel therh0oe CkmI 7p,nesa�fSecflal Il-IAI,d SECT ON RA"TD"Id1a1 Maell1AefekeeNM opal M first WDPASSE. PASSED DY the Clry Council d Salt Lake CIfY,Utah,MN I Sih ayd JOM,1Po2. kIs S.CHAI"sRN ATTEST: KaMrvnMMshsll CITY RECORDER TfansmltfW to Maya on JUM 1e,IPot. Mayor's Action: Too!Wilson MAYOR ATTEST: Kathryn Marshall CITY RECORDER IaMd:Mahe Nsws I/pt/tl