Sponsor
Alderman Spangenberg
Title
Resolution declaring property to be blighted and authorizing the Redevelopment Authority to assist the private redevelopment of the property (Pointe Blue Project)
WHEREAS, Section 66.1333 of the Wisconsin Statutes, as amended (the "Act"), states that it is the policy of this state to protect and promote the health, safety and general welfare of the people of the state in which blighted areas exist by the elimination and prevention of such areas through the utilization of all means appropriate for that purpose, thereby encouraging well-planned, integrated, stable, safe and healthful neighborhoods, the provision of healthful homes, a decent living environment and adequate places for employment of the people of this state and its communities in such areas; and
WHEREAS, this Common Council has heretofore created the Redevelopment Authority of the City of Racine (the "Authority") to eliminate or prevent substandard, deteriorated, obsolete and blighted areas in the City of Racine, Wisconsin (the "City"); and
WHEREAS, the Act authorizes the Authority to undertake certain activities within the City, for the purpose of carrying out redevelopment, blight elimination, blight prevention and urban renewal programs and projects as set forth in the Act, together with all powers necessary or incidental to effect adequate and comprehensive redevelopment, blight elimination, and urban renewal programs and projects; and
WHEREAS, the properties in the City described in Exhibit A attached hereto (the "Properties") have been proposed as the site for various public improvements and private development projects; and
WHEREAS, the Properties have been determined by the City staff to be "blighted properties" as defined in Section 66.1333 of the Wisconsin Statutes based on a report prepared by the Department of City Development (the "Report"); and
WHEREAS, this body is advised by the staff of the City that the blight conditions described in the Report have continued; and
WHEREAS, blight elimination, slum clearance, and urban renewal and redevelopment projects on the Properties will protect and promote the health, safety and general welfare of citizens of the City; and
WHEREAS, the Authority proposes to assist the private acquisition and redevelopment of the Properties and to carry out blight elimination and urban renewal projects on the Properties, including the provision of economic development incentives to developers of the Properties and the installation and construction of public improvements on the Properties; and
WHEREAS, Section 5(c)1g. and 5(c)lr. of the Act provides that the Authority may acquire or assist the private acquisition and redevelopment of blighted property without designating a redevelopment area or adopting a redevelopment plan if the Authority obtains advance approval of the Common Council by at least a two-thirds vote; and
WHEREAS, on November 9, 2006 the Authority conducted a duly-noticed public hearing at which all interested parties were afforded a full opportunity to express their views respecting the determination of blight for the Properties; and
WHEREAS, after the public hearing on November 9, 2006, the Authority (i) found the Properties to be "blighted properties" within the meaning of Section 66.1333(2m)(bm) of the Wisconsin Statutes, and (ii) submitted the blight determination and proposed acquisition and redevelopment of the Properties for the purpose of carrying out blight elimination and urban renewal projects to this Common Council for approval; and
WHEREAS, in accordance with the Act, this Common Council now finds it necessary and in the public interest that the Authority undertake activities to eliminate and prevent blight, obsolescence, and the deterioration of the Properties and to promote redevelopment and urban renewal on the Properties; and
WHEREAS, this Common Council has studied the facts and circumstances relating to the Properties and the proposed acquisition of the Properties, consideration having been given, among other items, to the following matters: (i) the definition of "blighted property" contained in Section (2m)(bm) of the Act, (ii) the Report with respect to the existence of blight on the Properties in the context of the Act, (iii) the past and existing condition of, and the proposed uses of, the Properties, (iv) the goals and objectives of the proposed acquisition of the Properties, (v) visual inspections of the Properties and surrounding areas by various members of the Authority and by various staff of and consultants to the City, and (vi) reports and recommendations to the Common Council by the Authority.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Racine as follows:
1. The Common Council hereby finds, determines and declares that the Properties are blighted properties within the meaning of Section (2m)(bm) of the Act which substantially impair or arrest the sound growth of the community.
2. The Common Council hereby approves the Authority's proposal to assist the private acquisition and redevelopment of the Properties for the purpose of carrying out blight elimination and urban renewal projects without designating a redevelopment area or adopting a redevelopment plan. The Common Council finds that a comprehensive redevelopment plan is not necessary to determine the need for the acquisition and redevelopment of the Properties, the uses of the Properties after acquisition and redevelopment and the relation of the acquisition and redevelopment to other property redevelopment by the Authority.
3. This Resolution shall take effect immediately upon its adoption and approval.
Fiscal Note: This action will allow the financial assistance approved for the project in the adopted development agreement and Tax Increment District Plan to be provided through the Redevelopment Authority. This action does not change the amount of assistance to be provided or the terms of the development agreement, it simply allows the Authority to provide assistance.
Exhibit A
|
|
|
Area |
Area |
|
Address |
Street |
Parcel # |
sq. ft. |
Blighted |
Owner |
1129 |
Michigan Blvd. 2485000 |
420,459 |
420,459 |
City of Racine |
|
90 |
Reichert Ct. |
2485001 |
39,620 |
39,620 |
Pugh W. H. Co. |
1001 |
Michigan Blvd.2479000 |
94,917 |
94,917 |
Pugh W. H. Co. |
|
39 |
Reichert Ct. |
2473000 |
169,884 |
169,884 |
Pugh W. H. Co. |
1144 |
Michigan Blvd. 2486000 |
17,668 |
17,668 |
Pugh W. H. Co. |
|
1136 |
Michigan Blvd. 2490000 |
6,800 |
6,800 |
Mc Glown Leora |
|
1115 |
Chatham St. 2487000 |
25,045 |
25,045 |
Pugh Richard J. |
|
200 |
Dodge St. |
2489000 |
44,344 |
44,344 |
Pugh W. H. Co. |
1135 |
Chatham St. 2491001 |
5,750 |
5,750 |
Pugh W. H. Co. |
|
1131 |
Chatham St. 2491000 |
2,875 |
2,875 |
Pugh W. H. Co. |
|
1125 |
Chatham St. 2488000 |
9,380 |
9,380 |
Pugh Richard J. |
|