HomeMy WebLinkAbout20131290.tiffRESOLUTION
RE: APPROVE AMENDMENT TO TAX INCREMENT EXPENDITURE AND REVENUE
SHARING AGREEMENT AND AUTHORIZE CHAIR TO SIGN - TOWN OF FIRESTONE /
FIRESTONE URBAN RENEWAL AUTHORITY
WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to
Colorado statute and the Weld County Home Rule Charter, is vested with the authority of
administering the affairs of Weld County, Colorado, and
WHEREAS, the Board has been presented with an Amendment to the Tax Increment
Expenditure and Revenue Sharing Agreement among the County of Weld, State of Colorado, by
and through the Board of County Commissioners of Weld County, the Town of Firestone, and the
Firestone Urban Renewal Authority, commencing upon full execution, with further terms and
conditions being as stated in said amendment, and
WHEREAS, after review, the Board deems it advisable to approve said amendment, a copy
of which is attached hereto and incorporated herein by reference.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, Colorado, that the Amendment to the Tax Increment Agreement among the County of Weld,
State of Colorado, by and through the Board of County Commissioners of Weld County, the Town of
Firestone, and the Firestone Urban Renewal Authority be, and hereby is, approved.
BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to
sign said amendment.
The above and foregoing Resolution was, on motion duly made and seconded, adopted by
the following vote on the 29th day of May A.D., 2013.
ATTEST: \And
Weld County Clerk to the Bo
BY:
Deputy CI
Date of signature: JUN 1 2 2013
a 6r 9c -� R'f-t S4-en're
iy
BOARD OF
WELD C
Barbara Kirkmeyer
c
Sean P. Conway
OUNTY COMMISSIONERS
Y, COLORADO
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CC . P , C� .
0-114
2013-1290
BC0044
FIRESTONE
A COMMUNITY IN MOTION
May 10, 2013
VIA: USPS, Email and Fax
Monica Daniels -Mika
Clerk to the Board of County Commissioners
1150 0 Street
P.O. Box 758
Greeley, CO 80632
RE: Northern Firestone Urban Renewal Plan
Dear Monica:
REC
WELL C; UN rY
COMMISSIONERS
Attached for your reference is the legal description for agricultural properties in the
proposed Northern Firestone Urban Renewal Plan. It was inadvertently left out of the
copy of the Plan that was sent to the Board of County Commissioners yesterday via
UPS. We will send you an updated copy of the entire Urban Renewal Plan early next
week that includes this legal description as an exhibit.
Please contact me if you have any questions.
Sincerely,
Bruce Nickerson
Firestone Town Planner
0: 303-833-3291
M: 303-506-3828
Attachment
2013-1290
151 Grant Ave. • P.O. Box 100 • Firestone, CO 80520
(303) 833-3291 • fax (303) 833-4863
FIRESTONE
A COMMUNITY IN MOTION
MEMORANDUM
DATE May 23, 2013
TO Bruce T. Barker, Esq., Weld County Attorney
FROM Carissa Medina, Town Clerk Pro -tern
RE Amendment to Tax Increment Expenditure and Revenue Sharing
Agreement
CC Town Staff
Enclosed are three (3) executed originals of the Amendment to the Tax Increment
Expenditure and Revenue Sharing Agreement. Once the Weld County Commissioners
have acted on it, please return two (2) originals to the Town of Firestone, 151 Grant
Ave., P.O. Box 100, Firestone, CO 80520 to my attention. Also included for your file is a
copy of Town Board Resolution No. 13-25 and FURA Resolution No. 13-02.
Please let me know if you have any questions or concerns.
151 Grant Ave. • P.O. Box 100 • Firestone, CO 80520
(303) 833-3291 • fax (303) 833-4863
' AMENDMENT TO TAX INCREMENT EXPENDITURE
AND REVENUE SHARING AGREEMENT
*THIS AMENDMENT (hereinafter "Amendment") is made and executed effective the
O29 day of Afar" , 2013, by and between the COUNTY OF WELD, COLORADO
(hereinafter referred to as "Weld County" or "County"), the TOWN OF FIRESTONE,
COLORADO (hereinafter referred to as "Firestone"), and the FIRESTONE URBAN
RENEWAL AUTHORITY (hereinafter referred to as "FURA").
RECITALS
A. Weld County, Firestone and FURA previously entered into that certain TAX
INCREMENT EXPENDITURE AND REVENUE SHARING AGREEMENT made and
executed effective the 28th day of January, 2010 (hereinafter the "Agreement").
B. The Agreement provides for the sharing of the County Tax Levy Allocation for
the Urban Renewal Area described in the Urban Renewal Plan for the Southern Firestone Urban
Renewal Area, which Plan was approved by Resolution 10-04 adopted by the Firestone Board of
Trustees on January 28, 2010.
C. By cover letter dated May tb , 2013, and pursuant to C.R.S. § 31-25-107(3.5),
Firestone provided Weld County with the proposed Urban Renewal Plan for the Northern
Firestone Urban Renewal Area ("Northern Firestone Plan"), with an associated Weld County
Impact Report, all of which detail FURA's and Firestone's intended inclusion of the parcels
described in the Northern Firestone Plan for the purposes authorized in the Colorado Urban
Renewal Law, C.R.S. § 31-25-101, et seq., including utilizing tax increment financing ("TIF
Financing"), as contemplated by C.R.S. § 31-25-107(9)(a), for the purposes authorized by the
Urban Renewal Law.
D. TIF Financing provides that taxes, if any, levied after the effective date of the
approval of the Northern Firestone Plan upon taxable property in the area described in the
Northern Firestone Plan ("the Northern Firestone Urban Renewal Area") each year shall be
divided for a period not to exceed twenty-five (25) years from the effective date of the Northern
Firestone Plan and that a portion of said property tax revenues (the "TIF Revenue") shall be
allocated to and paid into a special fund of FURA to pay the principal of, interest on, and any
premiums due in connection with bonds of, loans or advances, to, or indebtedness incurred by
FURA for financing an urban renewal project or to make payments pursuant to an agreement
executed pursuant to C.R.S. § 31-25-107(11).
E. Weld County, Firestone and FURA are authorized to enter into an agreement
pursuant to C.R.S. § 31-25-107(11) for the payment of property tax revenue that results from the
County levy on taxable property in the Northern Firestone Urban Renewal Area, to be allocated
pursuant to C.R.S. § 31-25-107(9)(a)(II) (the " NFURA County Tax Levy Allocation") for the
payment of the costs of any additional county infrastructure or services necessary to offset the
impacts of the urban renewal project (the "Urban Renewal Project") described in the Northern
Firestone Plan, as it may be amended, and revenue sharing.
020/3-'a 90
F. Weld County, Firestone and FURA by this Amendment desire to amend their
existing Agreement to subject to the terms and conditions of said Agreement revenue produced
by the NFURA County Tax Levy Allocation.
G. Weld County, Firestone and FURA desire to enter into this Amendment for the
purposes set forth in C.R.S. § 31-25-107(11).
H. In consideration of the parties entering into this Amendment, Weld County
waives any right it has to file an objection and ask for arbitration, pursuant to C.R.S. § 31-25-
107(12), and further consents to the inclusion within the Northern Firestone Urban Renewal Area
of all agricultural lands contained within such Area as described in the Northern Firestone Plan,
pursuant to C.R.S. § 3l-25-107(1)(c)(II)(D).
NOW THEREFORE, in consideration of the covenants, promises and agreements of each
of the parties hereto, to be kept and performed by each of them, it is agreed by and between the
parties hereto as follows:
1. Incorporation of Recitals. The foregoing recitals are incorporated into and made a
part of this Amendment.
2. Inclusion of Northern Firestone Urban Renewal Area. Sections 1, 4, 5, 6 and 7 of
the Agreement are hereby amended to insert the phrase "and NFURA County Tax Levy
Allocation" after the phrase "County Tax Levy Allocation" in each any every location where the
later phrase appears.
3. Intent. The parties hereby confirm that it is their intent in entering into this
Amendment to make subject to the Agreement revenue produced by the NFURA County Tax
Levy Allocation in addition to revenue produced by the County Tax Levy Allocation. As a
result, FURA shall calculate and pay to Weld County fifty percent (50%) of the revenue
produced by the County Tax Levy Allocation and NFURA County Tax Allocation each year as
provided in the Agreement, and the remaining fifty percent (50%) of the revenue produced by
the County Tax Levy Allocation and NFURA County Tax Levy Allocation may be used by
FURA for payment of any amounts authorized by the Urban Renewal Plan for the Southern
Firestone Urban Renewal Area and the Northern Firestone Plan and the Urban Renewal Law as
provided in the Agreement.
4. Construction. The parties hereby further agree that wherever the Agreement
refers to "Plan" and "Urban Renewal Area," said terms shall be construed to mean the Northern
Firestone Plan and the Northern Firestone Urban Renewal Area with respect to the NFURA
County Tax Levy Allocation. The parties hereby further agree that all terms and conditions of
the Agreement shall be construed to apply severally and not jointly; therefore, for example, in
the event FURA and Firestone terminate only the Northern Firestone Plan, including its TIF
Financing component, the Agreement shall remain in effect with respect to the County Tax Levy
Allocation for properties in the Southern Firestone Urban Renewal Area.
5. Effective Date. This Amendment shall take effect as of the effective date of
2
approval of the Northern Firestone Plan, provided the same has been executed by each of the
parties hereto.
IN WITNESS WHEREOF, the parties hereto have caused their duly authorized officials
to execute this Amendment.
COUNTY:
ATTEST: --1\tvua-a.;°'^w'" ` O NTY OF WELD, a political Weld County
o the Boar(' subdivision of the STATE OF COLORADO:
ATTEST:
By
Cle r to t
By: v ,
e Board rlliam F. arcia, Chairman
Board of County Commissioners,
County of Weld
Rebecca Toberman
Acting Town Clerk
ATTEST:
Rebecca Toberman
Recording Secretary
TOWN:
MAY 2 9 2013
OF FIRESTONE, a municipal corporation
STATE OF COLORADO
Chad Auer, ayor
TONE URBAN RENEWAL AUTHORITY
had Auer, Chai . er on
a1/45)/3 -/?90
FIRESTONE URBAN RENEWAL AUTHORITY
RESOLUTION NO. (3--b2.
A RESOLUTION APPROVING AN AMENDMENT TO TAX INCREMENT EXPENDITURE
AND REVENUE SHARING AGREEMENT BETWEEN WELD COUNTY, TFIE TOWN OF
FIRESTONE, AND THE FIRESTONE URBAN RENEWAL AUTHORITY
WHEREAS, the Firestone Urban Renewal Authority ("FURA") is a public body
corporate and politic authorized to transact business and exercise its powers as an urban renewal
authority under and pursuant to the Colorado Urban Renewal Law, Pail 1 of Article 25 of Title
31, C.R.S. ("Act"); and
WHEREAS, the Town of Firestone ("Town") is a statutory town of the State of Colorado
authorized to exercise its powers under and pursuant to the Colorado Constitution and state law;
and
WHEREAS, the County of Weld ("County") is a home rule county authorized to exercise
its powers under and pursuant to the Colorado Constitution and state law; and
WHEREAS, Weld County, Firestone and FURA previously entered into that certain TAX
INCREMENT EXPENDITURE AND REVENUE SHARING AGREEMENT made and
executed effective the 281h day of January, 2010 (hereinafter the "AGREEMENT"); and
WHEREAS, the AGREEMENT provides for the sharing of the County Tax Levy
Allocation for the Urban Renewal Area described in the Urban Renewal Plan for the Southern
Firestone Urban Renewal Area, which Plan was approved by Resolution 10-04 adopted by the
Firestone Board of Trustees on January 28, 2010; and
WHEREAS, pursuant to the Act, the Board of Trustees of the Town will be considering
the Urban Renewal Plan for the Northern Firestone Urban Renewal Area ("the Plan") to carry out
urban renewal projects ("Urban Renewal Projects") described in the Plan for the area described
therein ("Urban Renewal Area"); and
WHEREAS, the Act includes and the Plan contains a provision authorizing the financing
of the Urban Renewal Projects utilizing property tax increment financing as further provided in
the Plan and as authorized by Section 31-25-107(9) of the Act; and
WHEREAS, Section 31-25-107(11) of the Act permits and authorizes FURA, the Town
and the County to enter into agreements for allocation of responsibility among the parties for
payment of the costs of any additional County infrastructure or services necessary to offset the
impacts of an urban renewal project and for the sharing of revenues; and
WHEREAS, pursuant to Section 31-25-107(3.5) of the Act, FURA and the Town
submitted an urban renewal impact report for the Plan to the County and the County submitted its
response thereto, and an amendment to the AGREEMENT has been proposed among FURA, the
t
Town and the County to address issues raised in discussion of the urban renewal impact report;
and
WHEREAS, FURA desires to enter into such amendment to the AGREEMENT as
authorized under Section 31-25-107O1);
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE FIRESTONE URBAN RENEWAL AUTHORITY:
Section 1. The proposed Amendment to Tax Increment Expenditure and Revenue
Sharing Agreement ("Agreement") among FURA, the Town and the County, a copy of which is
attached hereto and incorporated herein by this reference, is hereby approved.
Section 2. The Chairperson and Recording Secretary are hereby authorized to execute
the Agreement effective as of the date of approval of the Plan, and the Chairperson is further
authorized to negotiate and approve on behalf of FURA such revisions to the Agreement are
determined necessary or desirable for the protection of FURA, so long as the essential terms and
conditions of the Agreement are not altered.
INTRODUCED, READ, and ADOPTED this , day of f rk , 2013.
ATTEST:
ording Secretary _
C04A S? )lwkTha iht3 Cto-dL ta/20 Iev'1
ad Auer
airperson
2
RESOLUTION NO. (2j- -S
A RESOLUTION APPROVING AN AMENDMENT TO TAX INCREMENT EXPENDITURE
AND REVENUE SHARING AGREEMENT BETWEEN WELD COUNTY, THE TOWN OF
FIRESTONE, AND THE FIRESTONE URBAN RENEWAL AUTHORITY
WHEREAS, the Firestone Urban Renewal Authority ("FURA") is a public body
corporate and politic authorized to transact business and exercise its powers as an urban renewal
authority under and pursuant to the Colorado Urban Renewal Law, Part I of Article 25 of Title
31, C.R.S. ("Act"); and
WHEREAS, the Town of Firestone ("Town") is a statutory town of the State of Colorado
authorized to exercise its powers under and pursuant to the Colorado Constitution and state law;
and
WHEREAS, the County of Weld ("County") is a home rule county authorized to exercise
its powers under and pursuant to the Colorado Constitution and state law; and
WHEREAS, Weld County, Firestone and FURA previously entered into that certain TAX
INCREMENT EXPENDITURE AND REVENUE SHARING AGREEMENT made and
executed effective the 28th day of January, 2010 (hereinafter the "AGREEMENT"); and
WHEREAS, the AGREEMENT provides for the sharing of the County Tax Levy
Allocation for the Urban Renewal Area described in the Urban Renewal Plan for the Southern
Firestone Urban Renewal Area, which Plan was approved by Resolution 10-04 adopted by the
Board of Trustees on January 28, 2010; and
WHEREAS, pursuant to the Act, the Board of Trustees will be considering the Urban
Renewal Plan for the Northern Firestone Urban Renewal Area ("the Plan") to carry out urban
renewal projects ("Urban Renewal Projects") described in the Plan for the area described therein
("Urban Renewal Area"); and
WHEREAS, the Act includes and the Plan contains a provision authorizing the financing
of the Urban Renewal Projects utilizing property tax increment financing as further provided in
the Plan and as authorized by Section 31-25-107(9) of the Act; and
WHEREAS, Section 31-25-107O1) of the Act permits and authorizes FURA, the Town
and the County to enter into agreements for allocation of responsibility among the parties for
payment of the costs of any additional County infrastructure or services necessary to offset the
impacts of an urban renewal project and for the sharing of revenues; and
WHEREAS, pursuant to Section 31-25-107(3.5) of the Act, FURA and the Town
submitted an urban renewal impact report for the Plan to the County and the County submitted its
response thereto, and an amendment to the AGREEMENT has been proposed among FURA, the
1
the Town and the County to address issues raised in discussion of the urban renewal impact
report; and
WHEREAS, the Town desires to enter into such amendment to the AGREEMENT as
authorized under Section 31-25-107(11);
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE
TOWN OF FIRESTONE, COLORADO:
Section 1. The proposed Amendment to Tax Increment Expenditure and Revenue
Sharing Agreement ("Agreement") among the Town, FURA, and the County, a copy of which is
attached hereto and incorporated herein by this reference, is hereby approved.
Section 2. The Mayor and Town Clerk are hereby authorized to execute the
Agreement effective as of the date of approval of the Plan, and the Mayor is further authorized to
negotiate and approve on behalf of the Town such revisions to the Agreement are determined
necessary or desirable for the protection of the Town, so long as the essential terms and
conditions of the Agreement are not altered.
INTRODUCED, READ, and ADOPTED this fl day of Aia..-` , 2013.
TOWN OF FIRESTONE, COLORADO
ATTEST:
/0L,,„ Td'Lwu__
Rebecca Tobennan
Town Clerk
2
C\ )
Chad Auer
Mayor
EXHIBIT
LEGAL DESCRIPTION
NORTHERN FIRESTONE URBAN RENEWAL PLAN AREA
Parcels Assessed as Agricultural in the Past 5 Years
Prepared: April 25, 2013
Being those portions of Sections 32 and 33 of Township 3 North, Range 68 West of the
6th Principle Meridian, and those portions of Sections 1, 2, 3, 4, 5, 11, 12 and 14 of
Township 2 North, Range 68 West of the 6t° Principle Meridian, and those portions of
Sections 5, 7 and 8 of Township 2 North, Range 67 West, all in the Town of Firestone,
Weld County, Colorado, more particularly described as follows:
ALMO
All of the real property described on the annexation map titled ALMO Annexation to the Town of
Firestone, recorded on May 2, 2003 at Reception No. 3058582, with the Clerk and Recorder of
Weld County, Colorado.
Together with;
DEL CAMINO CENTRAL
All of the real property described on the annexation map titled Del Camino Central Annexation
No. Two to the Town of Firestone, recorded on January 29, 1998 at Reception No. 2591391,
with the Clerk and Recorder of Weld County, Colorado, excepting therefrom all of Parcels
131302000059, 131302300072, and 131302000072 as identified by the Weld County
Assessor's Parcel Numbers, and those portions of said annexation being a part of the public
right-of-way of Weld County Road 24, Weld County Road 24'/2, and the real property lying north
of the Weld County Road 24'A public right-of-way.
Together with;
ADAM FARM
All of the real property described on the annexation map titled Adam Farm Annexation, recorded
on March 14, 2011 at Reception No. 3755770, with the Clerk and Recorder of Weld County,
Colorado.
Together with;
UNION
All of the real property described on the annexation map titled Union Annexation Number One
recorded on January 21, 2011 at Reception No. 3746256, with the Clerk and Recorder of Weld
County, Colorado, excepting therefrom those portions of said annexation being a part of the
public right-of-way of Weld County Road 7 and Weld County Road 26.
1
Together with;
All of the real property described on the annexation map titled Union Annexation Number Two
recorded on January 21, 2011 at Reception No. 3746258, with the Clerk and Recorder of Weld
County, Colorado, excepting therefrom those portions of said annexation being a part of the
public right-of-way of Fairview Street/Weld County Road 3, Weld County Road 3' 'A, and Weld
County Road 26.
Together with;
FIRELIGHT PARK
All of the real property described on the annexation map titled Firelight Park Annexation Number
One recorded on August 13, 2009 at Reception No. 3642348, with the Clerk and Recorder of
Weld County, Colorado, excepting therefrom those portions of said annexation being a part of
the public right-of-way of State Highway 119.
Together with;
All of the real property described on the annexation map titled Firelight Park Annexation Number
Two recorded on August 13, 2009 at Reception No. 3642350, with the Clerk and Recorder of
Weld County, Colorado.
Together with;
All of the real property described on the annexation map titled Firelight Park Annexation Number
Three recorded on August 13, 2009 at Reception No. 3642352, with the Clerk and Recorder of
Weld County, Colorado.
Together with;
FIRESTONE CITY CENTRE
All of Lot 4 as more particularly described on the final plat titled The First Replat of the American
Furniture Warehouse Subdivision recorded on August 2, 2006 at Reception No. 3408227, with
the Clerk and Recorder of Weld County, Colorado.
Together with;
COTTONWOOD COMMERCE CENTER
All of Tract A as more particularly described on the minor plat titled Cottonwood Hollow, Filing 2,
recorded on January 31, 2008 at Reception No. 3532463, and as further revised with affidavits
of correction recorded on February 22, 2008 at Reception No. 3536929 and on March 27, 2008
at Reception No. 3543999, with the Clerk and Recorder of Weld County, Colorado.
Together with;
COTTTONWOOD HOLLOW (NORTH OF SABLE)
All of Tract B as more particularly described on the minor plat titled Cottonwood Hollow, Filing 2,
recorded on January 31, 2008 at Reception No. 3532463, with the Clerk and Recorder of Weld
County, Colorado.
2
Together with;
COTTTONWOOD HOLLOW (SOUTH OF SABLE)
All of Parcel B as more particularly described on the amended outline development plan titled
First Amendment to Outline Development Plan for Cottonwood Hollow, recorded on April 10,
2009 at Reception No. 3616053, with the Clerk and Recorder of Weld County, Colorado.
Together with;
JAKE JABS BOULEVARD
All of Tract B as more particularly described on the plat titled American Furniture Warehouse
Subdivision, recorded on March 24, 2006 at Reception No. 3373270, with the Clerk and
Recorder of Weld County, Colorado.
Together with;
TURNER COMMONS
All of Lot 1 as more particularly described on the recorded exemption titled Recorded Exemption
No. 1313-3-4 RE -626, recorded at Reception No. 01940086, with the Clerk and Recorder of
Weld County, Colorado.
Together with;
VOGL
All of the real property described on the annexation map titled Vogl Annexation No. Four
recorded on June 14, 2002 at Reception No. 2961340, with the Clerk and Recorder of Weld
County, Colorado, excepting therefrom those portions of said annexation being a part of the
public right-of-way of Weld County Road 15 and Weld County Road 24.
Together with;
FIRESTONE COMMUNITY
All of Tract A and Tract B as more particularly described on the final plat titled Firestone
Community Minor Subdivision, recorded at Reception No. 3372263, with the Clerk and
Recorder of Weld County, Colorado.
Together with;
THE SHORES
A parcel of land situate in Section 1, Township 2 North, Range 68 West, of the 6th P.M.,
County of Weld, State of Colorado, being more particularly described as follows;
Considering the South line of the Southwest quarter of Section 1, Township 2 North,
Range 68 West, of the 6th P.M., as bearing North 89°47'54" West and with all bearings
contained herein relative thereto: Commencing at the South quarter corner of said
Section 1; thence North along the East line of the Southeast quarter of the Southwest
quarter of said Section 1, North 00°31'07" East 30.00 feet to the North right-of-way of
said WCR 24, said point being the TRUE POINT OF BEGINNING of this description;
thence along said North right-of-way, North 89°47'54" West 2741.95 feet to the West
line of the Southwest quarter said Section 1; thence along said West line, North
3
01°31'48" East 2626.35 feet; thence along the West line of the Northwest quarter of said
Section 1, North 01°34'53" East 1319.17 to the Northwest corner of the Southwest
quarter of the Northwest quarter of said Section1; thence continuing North 01°34'53"
East 20.60 feet to the North right-of-way of Weld County Road (WCR) 24 %; thence
South 89°31'06" East 1334.49 feet to a point on the West line of Lot A of the Recorded
Exemption 1313-1-2-RE2024, records of said County; thence along the West line of
said Lot A and the East line of the West half of the Northwest quarter of said Section 1,
South 01°01'29" West 600.71 feet; thence along the South line of said Recorded
Exemption 1313-1-2-RE2024 the following eleven (11) courses and distances; (1) North
57°27'44" East 528.67 feet; (2) North 61°56'41" East 259.69 feet; (3) South 01°17'30"
East 65.63 feet; (4) North 74°46'22" East 225.12 feet; (5) North 72°55'39" East 116.39
feet; (6) North 85°14'02" East 132.54 feet; (7) South 89°34'18" East 55.00 feet; (8)
South 53°49'04" 30.81 feet; (9) South 82°26'48" East 48.37 feet; (10) South 83°13'53"
East 27.17 feet; (11) South 70°51'49" East 56.62 feet to a point on the West line of the
Northeast quarter of said Section 1; thence along said West line North 00°31'08" East
243.84 feet; thence North 88°51'38" East 1968.70 feet to a point that is South 88°51'38"
West 660.00 feet from the East line of the Northeast quarter of said Section 1; thence
South 00°24'41" West, parallel to the East line of the Northeast quarter of said Section
1, 1338.49 feet to a point to the South line of the Northeast quarter of said Section 1;
thence along said South line, South 89°06'24" West 1970.98 feet to the Center quarter
corner; thence along the West line of the Southeast quarter of said Section 1, South
00°31'41" West 1352.35 feet to the Northwest corner of the Southwest quarter of the
Southeast Quarter of said Section 1; thence along the North line of the Southwest
quarter of the Southeast quarter of said Section 1, North 89°40'24" East 1317.24 feet
(previously recorded as 1316.96 feet) to the Northeast corner of the Southwest quarter
of the Southeast quarter of said Section 1; thence along the East line of the Southwest
quarter of the Southeast quarter of said Section 1, South 00°27'27" West 1334.26 feet
to the said North right-of-way of WCR 24; thence along said North right-of-way, North
89°48'53" West 1318.32 feet to the point of beginning.
Excepting therefrom Tracts A, B, C, and F and Lot 1, Block 1 of said parcel as more particularly
described on the final plat titled The Shores Filing No. 1 recorded July 23, 2008 at Reception
No. 3567930, with the Clerk and Recorder of Weld County, Colorado.
And excepting therefrom all of Parcels 131301112003, 131301112004, 131301000063, and
131301300001 as identified by the Weld County Assessor's Parcel Numbers.
Together with;
A parcel of land situate in the East half of Section 2, Township 2 North, Range 68 West,
of the 6th P.M., County of Weld, State of Colorado, being more particularly described as
follows: Considering the South line of the Southwest quarter of Section 1, Township 2
4
North, Range 68 West, of the 6th P.M., as bearing North 89°47'54" West and with all
bearings contained herein relative thereto: Commencing at the Southeast corner of said
Section 2, thence along the East line of the Southeast quarter of Section 2, North
01°31'48" East 30.00 feet to the North right-of-way of WCR 24, said point being the
TRUE POINT OF BEGINNING of this description; thence continuing along said East
line, North 01°31'48" East 2626.35 feet to the East quarter corner of said Section 2;
thence along the East line of the Northeast quarter of said Section 2, North 01°34'53"
East 1319.17 to the Northeast corner of the Southeast quarter of the Northeast quarter
of said Section 2; thence continuing North 01°34'53" East 20.60 feet to the North right-
of-way of Weld County Road (WCR) 24 %; thence along said North right-of-way, North
89°31'06" West 1334.26 feet to a point 30.00 feet West of and 20.82 feet North of the
Northwest corner of the Southeast quarter of the Northeast quarter of Section 2; thence
along a line parallel with and 30.00 feet West of the West line of the Southeast quarter
of the Northeast quarter, also being the West right-of-way of Weld County Road (WCR)
9 %, South 01°24'54" West 1335.73 feet; thence along a line parallel with and 30.00 feet
West of the West line of the East half of the Southeast quarter of said Section 2, also
being the West line of said right-of-way, South 01°23'42" West 2627.90 feet to the North
right-of-way of said WCR 24; thence along said North right-of-way, South 89°25'07"
East 907.02 feet to Westerly line of Lot A, of the Recorded Exemption 1313-2-4-RE405,
records of said County; thence along said Lot A the following four (4) courses and
distances; (1) North 17°03'42" East 200.12 feet; (2) North 30°27'35" East 207.93 feet;
(3) North 62°58'03" East 295.78 feet; (4) South 01°31'48" West 509.33 feet to said
North right-of-way of WCR 24; thence along said North right-of-way, South 89°25'07"
East 3.00 feet to the point of beginning.
Excepting therefrom all of Parcel 131302400001 as identified by the Weld County Assessor's
Parcel Numbers.
Together with;
All of the real property described on the annexation map titled The Shores Second Annexation
to the Town of Firestone recorded on July 23, 2008 at Reception No. 3567926, with the Clerk
and Recorder of Weld County, Colorado.
Together with;
NEIGHBORS
All of the real property described on the annexation map titled Neighbors Annexation recorded
on February 1, 2001 at Reception No. 2823013, with the Clerk and Recorder of Weld County,
Colorado, excepting therefrom those portions of said annexation being a part of the public right-
of-way of Weld County Road 11.
5
Excepting therefrom all of Tracts A, C, D, E, F, G, H, I, N, O, P, and T and Lots 1-39, 56-61,
104-109, and 122-131 as more particularly described on the final plat titled Neighbors Point
Filing No. 1, recorded December 5, 2005 at Reception No. 3344643, with the Clerk and
Recorder of Weld County, Colorado.
And excepting therefrom all of Tract Q as more particularly described on the final plat titled
Neighbors Point Filing No. 2 recorded April 30, 2007 at Reception No. 3472263, with the Clerk
and Recorder of Weld County, Colorado.
And excepting therefrom all of Tract B as more particularly described on the final plat titled
Neighbors Point Filing No. 5, recorded May 22, 2006 at Reception No. 3389930, with the Clerk
and Recorder of Weld County, Colorado.
Together with;
LEXINGTON VILLAGE
All of the real property described on the annexation map titled Lexington Village Annexation
recorded on December 7, 2007 at Reception No. 3522370, with the Clerk and Recorder of Weld
County, Colorado.
Together with;
SABLE GLEN
All of the real property described on the annexation map titled Sable Glen Annexation recorded
on January 14, 2005 at Reception No. 3253237, with the Clerk and Recorder of Weld County,
Colorado, excepting therefrom those portions of said annexation being a part of the public right-
of-way of Sable Avenue.
6
FIRESTONE
A COANIUNITY M Y0lOM
May 8, 2013
Weld County Commissioners
1150 O Street
PO Box 758
Greeley, CO 80632
Dear Commissioners:
RECEIVED
MAY c 9 Ls 3
WELD COUNTY
COMMISSIONERS
As we have previously discussed, the Firestone Urban Renewal Authority ("FURA"), has
been working on an expansion of the Southern Firestone Urban Renewal Area
("Southern Plan") to include similarly impacted properties in the northern portions of
Firestone. Attached for your reference, is a copy of the Northern Firestone Urban
Renewal Plan ("Northern Plan"). This document also includes the updated Conditions
Survey and the Weld County Impact Report for the Northern Plan.
Also attached is an amended Intergovernmental Agreement ("IGA") of the agreement
that currently exists between Weld County and Firestone for the Southern Plan. No
changes to the terms or conditions of the existing IGA are being proposed other than to
expand the IGA to include the Northern Plan.
For your reference, to facilitate this expansion to the Northern Plan, FURA has executed
revenue sharing intergovernmental agreements with the St Vrain Valley School District
RE -1J and the Weld County School District RE -1. FURA also has agreements with the
following additional taxing authorities in the Northern Plan area; Aims Junior College,
Carbon Valley Recreation District, Frederick -Firestone Fire Protection District, High
Plains Library District, St Vrain Sanitation District, Northern Colorado Water District and
St Vrain Left Hand Water District.
Thank you for your support and please contact us if you have any questions or
comments.
Sincerely,
Wes/LaVanchy
Town Manager
151 Grant Ave. • P.O. Box 100 • Firestone, CO 80520
(303) 833-3291 • fax (303) 833-4863
FIRESTONE
A COMMUNITY IN MOTION
May 10, 2013
VIA: USPS, Email and Fax
Monica Daniels -Mika
Clerk to the Board of County Commissioners
1150 O Street
P.O. Box 758
Greeley, CO 80632
RE: Northern Firestone Urban Renewal Plan
Dear Monica:
Attached for your reference is the legal description for agricultural properties in the
proposed Northern Firestone Urban Renewal Plan. It was inadvertently left out of the
copy of the Plan that was sent to the Board of County Commissioners yesterday via
UPS. We will send you an updated copy of the entire Urban Renewal Plan early next
week that includes this legal description as an exhibit.
Please contact me if you have any questions.
Sincerely,
Bruce Nickerson
Firestone Town Planner
O: 303-833-3291
M: 303-506-3828
Attachment
151 Grant Ave. • P.O. Box 100 • Firestone, CO 80520
(303) 833.3291 • fax (303) 833-4863
•FURA
NORTHERN FIRESTONE 20i:1 _
URBAN RENEWAL PLAN
Table of Contents
A. Introduction 1
B. Summary of Eligibility Criteria 1
1. Conditions Survey 1
2. Summary of Conditions Survey 1
C. Findings 2
D. Urban Renewal Plan Goals and Plan's Relationship to Local and Regional
Objectives 4
1. Goals 4
2. Relationship to Local and Regional Objectives 5
3. Relationship to Master Plan 5
E. Land Use Regulations and Building Requirements 7
1. Land Uses 7
2. Development Processing 7
F. Project Activities 7
1. Land Acquisition 7
2. Relocation 8
3. Demolition, Clearance and Site Preparation 8
4. Property Management 9
5. Land Disposition, Redevelopment and Rehabilitation 9
6. Cooperation Agreements 10
7. Other Project Undertakings and Activities 10
G. Project Financing 10
H. Changes in Approved Plan 12
Exhibits
A. Legal Description (Including Description of Agricultural Land)
B. Northern Firestone Urban Renewal Area Map
C. Conditions Survey
D. Northern Firestone Urban Renewal Area Weld County Impact Report
E. Areas Assessed As Agricultural Within The Last Five Years
A. Introduction
The Firestone Town Board of Trustees established the Firestone Urban Renewal
Authority (Authority) on July 9, 2009 by Resolution No. 09-22. The Authority has
previously prepared an Urban Renewal Plan for the Southern Firestone Urban
Renewal Area ("Southern Plan") and now has prepared this Urban Renewal Plan
for the Northern Firestone Urban Renewal Area ("Northern Plan"). The Northern
Plan has also been referred to as the "Northwest Firestone Conditions Survey
Area". Like the Southern Plan, the Northern Plan has been prepared to guide in
the elimination and prevention of conditions of blight in the Northern Firestone
Urban Renewal Plan Area ("Northern Plan Area") and to facilitate redevelopment
in the Northern Plan Area in accordance with the Firestone Master Plan.
This Northern Plan has been prepared pursuant to the provisions of the Urban
Renewal Law of the State of Colorado, Part 1 of Article 25 of Title 31, C.R.S., as
amended ("Act"). The legal description of the Northern Plan Area within the Town
is set forth in Exhibit A. The general location of the Northern Plan Area is shown
in Exhibit B. The administration and the implementation of the Northern Plan
shall be the responsibility of the Authority.
B. Summary of Eligibility Criteria
1. Conditions Survey
The Authority directed the preparation of a conditions survey covering
the Northern Plan Area (titled the Northwest Firestone Conditions
Survey and hereafter referred to as the "Northern Survey"). The
Northern Survey was completed in June 2012. The Northern Survey
was updated in May, 2013. The update confirmed the findings of the
June 2012 survey. The purpose of the Northern Survey was to
establish if conditions of blight, as defined in the Act, exist in the
Northern Plan Area. The Northern Survey is attached as Exhibit C.
2. Summary of Conditions Survey
The Northern Survey shows there is a presence of adverse physical
conditions sufficient to meet criteria established in the Act. Although
some portions of the Northern Plan Area are in adequate or sound
condition, there exist deteriorated and substandard conditions
throughout the study area as a whole, which supports a finding that the
Northern Plan area is a blighted area as defined in the Act. The
conclusion of this study is based on the following summary of
conditions found in the Northern Survey:
(a) Slum, deteriorated, or deteriorating structures.
1
(b) Predominance of defective or inadequate street layout.
(c) Faulty lot layout in relation to size, adequacy, accessibility, or
usefulness.
(d) Unsanitary or unsafe conditions.
(e) Deterioration of site or other improvements.
(f) Unusual topography or inadequate public improvements or utilities.
(g) Defective or unusual conditions of title rendering the title
nonmarketable.
C. Findings
1. The Northern Survey identifies conditions that constitute a blighted
area as defined in the Act. Based on the Northern Survey as updated
on April 22, 2013, and evidence presented at the public hearing, the
City Council finds that there exists blight, as defined by § 31-25-103(2),
C.R.S., in the Northern Plan Area.
2. The Board of Trustees finds that the Northern Plan Area is appropriate
for one or more projects and other undertakings by the Firestone
Urban Renewal Authority as authorized by the Act.
3. The Board of Trustees held a public hearing to consider this Plan after
public notice thereof in compliance with the Act in the Longmont
Times -Call newspaper, describing the time, date, and purpose of the
public hearing, identifying the Northern Plan Area and outlining the
general scope of the projects being considered for implementation
pursuant to this Plan. Notice of the public hearing has been mailed to
all property owners, residents, and owners of business concerns in the
proposed Northern Plan Area at their last known address of record at
least 30 days prior to the public hearing.
4. The boundaries of the Northern Plan Area are set forth in Exhibit A
attached hereto. The Northern Plan Area is designated as an urban
renewal area by this Plan. The Northern Plan Area is drawn as
narrowly as feasible to accomplish the planning and development
objectives of the Plan for the Northern Plan Area.
5. The Northern Plan includes parcels of agricultural land, as defined by
C.R.S. § 31-25-103(a). These parcels are included pursuant to the
consent of each public body that levies ad valorem property tax in
conformance with C.R.S. § 31-25-107(c)(lll)(D). A map of these areas
is shown as Exhibit E.
2
6. One or more of the projects undertaken pursuant to this Plan may
require the demolition and clearance, subject to other restrictions, of
certain property within the Northern Plan Area as provided in this Plan.
Such actions may be necessary to eliminate unhealthy, unsanitary,
and unsafe conditions, eliminate obsolete and other uses detrimental
to the public welfare, and otherwise remove and prevent the spread of
deterioration.
7. Other portions of the Northern Plan Area may be conserved or
rehabilitated through appropriate public action, as authorized or
contemplated by the Act, and through the cooperation and voluntary
action of the owners and tenants of such property.
8. In order to eliminate or reduce the qualifying conditions currently
existing within the Northern Plan Area, it is the intent of the Board of
Trustees in adopting this Plan that the Firestone Urban Renewal
Authority exercise all powers authorized to be exercised under the Act
and which are necessary, convenient, or appropriate to accomplish the
objectives of this Plan. It is the intent of this Plan that except as
otherwise provided herein, the Firestone Urban Renewal Authority
shall exercise all such powers as may now be possessed or hereafter
granted to the Authority for the elimination of qualifying conditions
within the Northern Plan Area.
9. A feasible method exists for the relocation of individuals, families, and
business concerns that may be displaced by an urban renewal project
through the adoption of a relocation policy by the Firestone Urban
Renewal Authority insuring that adequate substitute business locations
can be made available and that adequate relocation assistance is
available.
10. The powers conferred by the Act are for public uses and purposes for
which public money may be expended and the police powers
exercised, and this Plan is in the public interest and necessity, such
finding being a matter of legislative determination by the Board of
Trustees.
11. The uses contemplated under this Plan are necessary and appropriate
to facilitate the sound growth and development of the Town of
Firestone in accordance with sound planning standards and local
community objectives, and any acquisitions within the Northern Plan
Area which may require the exercise of governmental action are
necessary because of the presence of blight in the Northern Plan Area.
12.The Northern Plan Area does not contain property that was included in
a previously submitted urban renewal plan that the Board of Trustees
failed to approve in past twenty-four months.
3
D. Urban Renewal Plan Goals and Plan's Relationship to Local and
Regional Objectives
1. Goals
a. Implementation of the Northern Plan will help eliminate and
prevent conditions of blight in the Northern Plan Area.
b. The Northern Plan will implement the Master Plan and contribute
to the orderly growth and development of the Town.
c. Through the maximum possible participation of private enterprise
and the cooperative efforts of the public sector, implementation of
the Northern Plan will eliminate and prevent economic
deterioration in the Northern Plan Area.
d. The Northern Plan will upgrade traffic, pedestrian, and bicycle
circulation and access, public utilities, recreation and drainage in
the Northern Plan Area, while ensuring that existing and proposed
development is sensitive to the surrounding residential
neighborhoods.
e. The Northern Plan will eliminate and prevent blight by helping to
attract capital investment and new businesses, retention and
expansion of existing businesses, and development of regional
markets for retail, office, and housing uses, thereby providing
employment and strengthening the economic base and physical
condition of the Northern Plan Area.
f. The Northern Plan will create a high quality image of the Town
and the Northern Plan Area by creating an attractive visual image
through the implementation of landscaping, design and
streetscape improvements.
g.
Implementation of the Northern Plan will provide for the
redevelopment of the area and promote improvements of
properties in the Northern Plan Area.
h. Success of the Northern Plan will provide a catalyst for further
improvements and potential redevelopment of residential areas
adjacent to the Northern Plan Area.
4
i. The Northern Plan will promote a wide array of housing choices,
from affordable housing to luxury housing within the Northern
Plan Area.
2. Relationship to Local and Regional Objectives
a. The Northern Plan will promote and encourage private enterprise
to upgrade and invest in commercial, retail and housing
developments in the Northern Plan Area, an objective of the
Master Plan and the Act.
b. The Northern Plan will implement the provisions of the Town's
master drainage and flood improvement program, which is part of
regional efforts to control flooding and promote a comprehensive
drainage program to serve the entire region.
c. Implementation of the Northern Plan is consistent with regional
and local efforts to create public/private partnerships to comply
with the Act.
d. The Northern Plan will provide a means of mitigating land use
conflicts with adjoining areas through the implementation of
adopted planning and design standards for public and private
improvements.
e. The Northern Plan promotes the development and expansion of
safe and adequate pedestrian access, public transportation, and
enhances the access to the Firestone Trail and connecting
regional trail systems.
f. The Northern Plan encourages additional transportation
alternatives to increase safety, access, and alternatives for
residents and visitors. Specific project improvements towards this
end may include, without limitation, installation or upgrading of
traffic, pedestrian, and bicycle circulation and access
improvements.
3. Relationship to Master Plan
The Town adopted and continually updates a Master Plan to guide
development and redevelopment of the Town, including the Northern Plan
Area. The Firestone Planning Commission reviewed this Northern
Firestone Urban Renewal Plan at a regular meeting on May 15, 2013.
The Firestone Planning Commission found the Northern Firestone Urban
Renewal Plan to be consistent with the Master Plan and recommended
adoption of the Northern Firestone Urban Renewal Plan by the Board of
5
Trustees. The Northern Plan advances the goals and objectives of the
community, including, without limitation, the following specific goals and
objectives of the Master Plan:
• A transportation system that is properly designed and constructed to
meet the current needs of the existing traffic volumes.
• A comprehensive and unified parks and trails system. Firestone is a
pedestrian and non -motorized connected community, where one can
walk to work, home or service centers on a comfortable and
convenient trail system.
Effective and efficient public safety and security. Without public safety,
Firestone citizens and employees cannot be free to enjoy their benefits
of their community.
• "Four-sided" architecture along major streets and visual corridors.
• A "world class" Central Park campus that inspires national and
international recognition as a Civic, Cultural and Community Center.
• Superior recreational facilities, including the Firestone Sports Complex.
A balanced approach to a blend of housing and commercial
opportunities.
• An equal number of available jobs to employable citizens.
• A focus on a comprehensive "cradle" to "grave" land use and
community system where all components of the life cycle are
considered and accommodated.
A community where the freedom to worship is fully embraced.
A specific focus on the senior segments of the Firestone community to
assure that they are appropriately considered in land use and
community decisions. If optimized, the senior population can bestow
valuable leadership and wisdom that comes from experience of time.
Proper transition and integration between different types of land uses.
• Convenient access to a wide variety of retail goods and services.
• Down cast lighting and strategies to effectively preserve the "night
sky".
6
Low, but appropriate taxes.
Stable political leadership.
• A tangible and inspired sense of community.
E. Land Use Regulations and Building Requirements
1. Land Uses
Excluding public rights -of -way, all the property in the area is zoned as
Planned Unit Development District (PUD) under Title 17 of the Firestone
Municipal Code. Permitted land use categories and associated
development standards are described in the Firestone Development
Regulations. The Authority may in conformance with the Act, adopt
additional design standards and development requirements applicable to
properties in the Northern Plan Area.
2. Development Processing
Applications for development will comply with applicable Town
requirements and will be subject to public hearings before the Planning
and Zoning Commission and Town Board for approval of Outline
Development Plans, Preliminary Development Plans, Preliminary Plats,
Final Development Plans and Final Plats. The Northern Plan encourages
a comprehensive and unified plan to promote and encourage high quality
development of the area by private enterprise.
F. Project Activities
1. Land Acquisition
In order to carry out this Northern Plan, the Authority may exercise any
and all of its powers under the Act. The Authority may acquire any interest
in property by voluntary sale or acquisition or by the exercise of the power
of eminent domain pursuant to procedures set forth in C.R.S. 38-1-101 et
seq. and C.R.S. 38-7-101 et seq., including:
a. Any action to acquire property through the exercise of the
power of eminent domain shall be commenced no later than
seven years from the date the Northern Plan is approved by the
Town Board.
b. Not later than the commencement of the negotiation of an
agreement for redevelopment or rehabilitation of property
acquired or to be acquired by eminent domain, the Authority
7
must provide notice and invite proposals for redevelopment or
rehabilitation from all property owners, residents, and owners of
business concerns located on the property acquired or to be
acquired by eminent domain in the Northern Plan Area by
mailing notice to their last known address of record. The
Authority may also at the same time invite proposals for
redevelopment or rehabilitation from other interested persons
who may not be property owners, owners of business concerns,
or residents within the Northern Plan Area, and may provide
public notice thereof by publication in a newspaper having a
general circulation within the Town.
c. In the case of a set of parcels to be acquired by the Authority in
connection with a project, at least one of which is owned by an
owner refusing or rejecting an agreement for the acquisition of
the entire set of parcels, the Authority must make a
determination that the redevelopment or rehabilitation of the
remaining parcels is not viable under the Northern Plan without
the parcel at issue.
d. Acquisition of any property by eminent domain shall be for the
purpose of preventing or eliminating conditions of blight without
regard to the economic performance of the property to be
acquired.
2. Relocation
It is not anticipated that acquisition of real property by the Authority will
result in the relocation of any individuals, families, or business concerns.
However, if such relocation becomes necessary, the Authority shall adopt
a relocation plan in conformance with the Act and consistent with specific
objectives which will be identified in that plan. The Authority shall adopt its
relocation plan(s) before any individuals, families or business concerns
are relocated.
3. Demolition, Clearance and Site Preparation
The Authority may demolish and clear those structures and other
improvements from property it acquires pursuant to the Northern Plan.
The Authority may provide rough and finished site grading and other site
preparation services as part of a comprehensive redevelopment program.
8
4. Property Management
During such time as any property is owned by the Authority, such property
shall be under the management and control of the Authority and may be
rented or leased by it, pending disposition for redevelopment or
rehabilitation.
5. Land Disposition, Redevelopment, and Rehabilitation
Purchasers or owners of property within the Northern Plan Area will be
obligated to develop, redevelop, or rehabilitate such property in
accordance with the provisions of this Northern Plan.
The Authority may dispose of property it acquires by means of a
reasonable competitive bidding procedure it establishes in accordance
with the Act and pursuant to redevelopment agreements between the
Authority and such purchaser. Disposition of property by the Authority
shall conform with the requirements of the Act.
The Authority may also enter into owner participation agreements with
property owners in the Northern Plan Area for the development,
redevelopment or rehabilitation of their property. Such agreements will
provide for the participation and assistance that the Authority may provide
to such owners.
All such redevelopment, owner participation and other agreement shall
contain, at a minimum, provisions requiring:
a. Compliance with the Act, the Northern Plan and applicable
provisions of the Firestone Municipal Code and Firestone
Development Regulations;
b. Covenants to begin and complete development, construction or
rehabilitation of both public and private improvements within a
period of time deemed to be reasonable by the Authority;
c. The legal and financial ability of the owner or redeveloper to
redevelop or rehabilitate the property;
d. The financial commitments of each party (but nothing herein
shall obligate the Authority to make any financial or other
commitment to any party or transaction).
9
6. Cooperation Agreements
For the purposes of planning and implementing this Northern Plan and
projects in the Northern Plan Area, the Authority may enter into one or
more cooperation agreements with the Town or other public bodies.
Without limitation, such agreements may include provisions for project
financing and implementation; administrative assistance; personnel
matters and services; design, location and construction of public
improvements; allocation or revenues, and any other matters required to
carry out the Northern Plan and projects in the Northern Plan Area. It is
recognized that cooperation with the Town, other municipalities and other
public and private bodies may be required to coordinate such issues as
the design, construction and timing of public and private improvements
within and outside of the Northern Plan Area to properly and efficiently
carry out the goals and objectives of this Northern Plan. Cooperation
agreements addressing such issues are deemed necessary and incidental
to the planning and execution of projects in the Northern Plan Area.
7. Other Project Undertakings and Activities
Other project undertakings and activities as authorized by the Act and
deemed necessary by the Authority to implement this Northern Plan may
be undertaken and performed by the Authority directly or pursuant to
agreements with other parties or public bodies in accordance with the
authorization of the Act and any and all applicable laws.
G. Project Financing
The Authority is authorized to finance projects undertaken pursuant to this
Northern Plan by any method authorized by the Act or any other applicable law,
including without limitation, appropriations, loans or advances from the Town;
federal loans and grants; state loans and grants; interest income; pay as you go
arrangements; annual appropriation agreements; agreements with public and
private parties or entities; sale of securities; property and sales tax increments;
loans, advances and grants from any other available source, any which method
may be utilized either independently or in combination with any one or more
other methods. Any and all financing methods legally available to the Town, the
Authority, any private developer, redeveloper or owner may be used to refinance
in whole or in part any and all costs, including without limitation, the cost of public
improvements, described or anticipated in the Northern Plan or in any manner
related or incidental to redevelopment of the Northern Plan Area. Such methods
may be combined to finance all or any part of a project. Any financing method
authorized by the Northern Plan, the Act, or any applicable law may be used to
pay the principal of and interest on and to establish reserves for indebtedness
(whether funded, refunded, assumed or otherwise) incurred by the Authority or
the Town to refinance a project in whole or in part.
10
The Authority is authorized to issue notes, bonds or any other financing
instruments or documents in amounts sufficient to finance all or part of a project.
The Authority is authorized to borrow funds and to create indebtedness in
carrying out this Northern Plan. The principal, interest and any premiums due on
or in connection with such indebtedness may be paid from tax increments or any
other funds available to the Authority.
The Northern Plan may be financed by the Authority under the tax increment
financing provisions of the Act. Under the tax increment method of financing a
project, property taxes levied after the effective date of the approval of this
Northern Plan upon taxable property in the Northern Plan Area each year by or
for the benefit of any public body or all or a portion of municipal taxes collected
within the Northern Plan Area, or both such taxes, shall be divided for a period
not to exceed twenty-five (25) years after the effective date of the adoption of this
tax allocation provision, as follows:
1. Base Amount
That portion of the taxes which are produced by the levy at the rate fixed
each year by or for each such public body upon the valuation for
assessment of taxable property in the Northern Plan Area last certified prior
to the effective date of approval of the Northern Plan or, as to an area later
added to the Northern Plan, the effective date of the modification of the
Northern Plan, or that portion of municipal sales taxes collected within the
boundaries of the Northern Plan Area in the twelve-month period ending on
the last day of the month prior to the effective date of the approval of the
Northern Plan, or both such portions, shall be paid into the funds of each
such public body as are all other taxes collected by or for said public body.
2. Increment Amount
That portion of said property taxes in excess of such base amount or that
portion of said municipal sales taxes in excess of such base amount, or
both, shall be allocated to and, when collected, paid into a special fund of
the Authority to pay the principal of, the interest on, and any premiums due
in connection with the bonds of, loans or advances to, or indebtedness
incurred by (whether funded, refunded, assumed or otherwise) the Authority
for financing or refinancing, in whole or in part, an urban renewal project or,
if approved, to make payments under an agreement executed pursuant to
section 31-25-107(11) of the Act.
Unless and until the total valuation for assessment of the taxable property in
the Northern Plan Area exceeds the base valuation for assessment of the
taxable property in the Northern Plan Area, all of the taxes levied upon
taxable property in the Northern Plan Area shall be paid into the funds of the
11
respective public bodies. Unless and until all or the relevant part of the
municipal sales tax collections in the Northern Plan Area exceed the base
year municipal sales tax collections in the Northern Plan Area, all such sales
tax collections shall be paid into the funds of the Town.
When such bonds, loans, advances and indebtedness, including interest
thereon and any premiums due in connection therewith, have been paid, all
taxes upon the taxable property in the Northern Plan Area shall be paid into
the funds of the respective public bodies and all such municipal sales tax
collections in the Northern Plan Area shall be paid into the funds of the
Town.
The increment portion of the taxes, as described in subparagraph (II), may
be irrevocably pledged by the Authority for the payment of the principal of,
the interest on, and any premiums due in connection with such bonds,
loans, advances and indebtedness incurred by the Authority to finance
urban renewal projects, or to make payments under an agreement executed
pursuant to C.R.S. 31-25-107(11).
The report to the Board of County Commissioners of Weld County required by
C.R.S. 31-25-107 (3.5) of the Act is attached as Exhibit D.
H. Changes in Approved Plan
This Northern Plan may be modified pursuant to the provisions of the Act
governing such modifications, including 31-25-107, C.R.S.
12
EXHIBIT A
LEGAL DESCRIPTION
NORTHERN FIRESTONE URBAN RENEWAL AREA
Prepared: April 17, 2013
Being those portions of Sections 32 and 33 of Township 3 North, Range 68 West
of the 6th Principle Meridian, and those portions of Sections 1, 2, 3, 4, 5, 11, 12 and
14 of Township 2 North, Range 68 West of the 6t° Principle Meridian, and those
portions of Sections 7 and 18 of Township 2 North, Range 67 West, all in the Town
of Firestone, Weld County, Colorado, more particularly described as follows:
ALMO
All of the real property described on the annexation map titled ALMO Annexation to the
Town of Firestone, recorded on May 2, 2003 at Reception No. 3058582, with the Clerk
and Recorder of Weld County, Colorado.
Together with;
DEL CAMINO CENTRAL
All of the real property described on the annexation map titled Del Camino Central
Annexation No. Two to the Town of Firestone, recorded on January 29, 1998 at
Reception No. 2591391, with the Clerk and Recorder of Weld County, Colorado,
excepting therefrom those portions of said annexation being a part of the public right-of-
way of Weld County Road 24, Weld County Road 24'A, and the real property lying north
of the Weld County Road 24 % public right-of-way.
Together with;
ADAM FARM
All of the real property described on the annexation map titled Adam Farm Annexation,
recorded on March 14, 2011 at Reception No. 3755770, with the Clerk and Recorder of
Weld County, Colorado.
Together with;
UNION
All of the real property described on the annexation map titled Union Annexation Number
One, recorded on January 21, 2011 at Reception No. 3746256, with the Clerk and
Recorder of Weld County, Colorado, excepting therefrom those portions of said
annexation being a part of the public right-of-way of Weld County Road 7 and Weld
County Road 26.
Together with;
All of the real property described on the annexation map titled Union Annexation Number
Two, recorded on January 21, 2011 at Reception No. 3746258, with the Clerk and
Recorder of Weld County, Colorado, excepting therefrom those portions of said
annexation being a part of the public right-of-way of Fairview StreeUWeld County Road
3, Weld County Road 3' 'A, and Weld County Road 26.
Together with;
FIRELIGHT PARK
13
All of the real property described on the annexation map titled Firelight Park Annexation
Number One, recorded on August 13, 2009 at Reception No. 3642348, with the Clerk
and Recorder of Weld County, Colorado, excepting therefrom those portions of said
annexation being a part of the public right-of-way of State Highway 119.
Together with;
All of the real property described on the annexation map titled Firelight Park Annexation
Number Two, recorded on August 13, 2009 at Reception No. 3642350, with the Clerk
and Recorder of Weld County, Colorado.
Together with;
All of the real property described on the annexation map titled Firelight Park Annexation
Number Three, recorded on August 13, 2009 at Reception No. 3642352, with the Clerk
and Recorder of Weld County, Colorado.
Together with;
FIRESTONE CITY CENTRE
All of Lots 1, 2, and 4 and Tracts A, B, C, D, E, F, and H as more particularly described
on the final plat titled Firestone City Centre Subdivision Filing No. 3, recorded on
October 1, 2010 at Reception No. 3722597, with the Clerk and Recorder of Weld
County, Colorado.
Together with;
All of Lot 4 as more particularly described on the final plat titled The First Replat of the
American Furniture Warehouse Subdivision, recorded on August 2, 2006 at Reception
No. 3408227, with the Clerk and Recorder of Weld County, Colorado.
Together with;
LAMBERTSON
All of the real property described on the annexation map titled Lambertson Annexation,
recorded on September 7, 2007 at Reception No. 3502678, with the Clerk and Recorder
of Weld County, Colorado.
Together with;
COTTONWOOD COMMERCE CENTER
All of Tract A as more particularly described on the minor plat titled Cottonwood Hollow,
Filing 2, recorded on January 31, 2008 at Reception No. 3532463, and as further revised
with affidavits of correction recorded on February 22, 2008 at Reception No. 3536929
and on March 27, 2008 at Reception No. 3543999, with the Clerk and Recorder of Weld
County, Colorado.
Together with;
COTTTONWOOD HOLLOW (NORTH OF SABLE)
All of Tract B as more particularly described on the minor plat titled Cottonwood Hollow,
Filing 2, recorded on January 31, 2008 at Reception No. 3532463, with the Clerk and
Recorder of Weld County, Colorado.
Together with;
COTTTONWOOD HOLLOW (SOUTH OF SABLE)
All of Parcel B as more particularly described on the amended outline development plan
titled First Amendment to Outline Development Plan for Cottonwood Hollow, recorded on
14
April 10, 2009 at Reception No. 3616053, with the Clerk and Recorder of Weld County,
Colorado.
Together with;
ZINNIA AVENUE
A strip of land 60 feet in width located in Sections 3, 4 and 5 Township 2 North, Range
68 West and Sections 32, 33 and 34 Township 3 North, Range 68 West of the 6th
Principal Meridian, Town of Firestone, Weld County, Colorado, said strip of land being
30.00 feet on each side of the following described centerline, being more particularly
described as follows:
Beginning at the Northeast Corner of said Section 4, from which the North 1/4 corner of
said Section 4 bears South 89°31'14" West, 2654.75 feet (Basis of Bearing), South
89°31'14" West, 2654.75 feet along the North line of the Northeast'/ of said Section 4 to
the North'/ corner of said Section 4; Thence South 89°30'56" West, 2634.63 feet along
the North line of the Northwest'/ of said Section 4 to the Northwest Corner of said
Section 4; Thence South 89°31'00" West, 199.91 feet along the North line of the
Southeast''/ of said Section 5 to a point on the easterly Right -of -Way of the Great
Western Railway being the Point of Termination.
The sidelines of said strip of land being extended or truncated to begin and end at the
called lines at the Point of Beginning and the Point of Termination.
Together with;
WCR 3.5
A strip of land located in Section 5 Township 2 North, Range 68 West and Section 32
Township 3 North, Range 68 West of the 6th Principal Meridian, Town of Firestone, Weld
County, Colorado, said strip of land being more particularly described as follows:
Beginning at the North'/ corner of said Section 5, from which the North Y corner of said
Section 5 bears South 00°43'36" West, 2550.52 feet (Basis of Bearing), the right-of-way
being 30 feet west and 30' east of the following line; South 00°43'36" West, 2550.52 feet
along the West line of the Northeast'/ of said Section 5 to the Center'/. corner of said
Section 5; Thence, the right-of-way being 50 feet west and 30 feet east of the following
line; South 00°43'55" West, 2416.69 feet along the West line of the Southeast'/ of said
Section 5 to a point on the northerly Right -of -Way of State Highway 119 being the Point
of Termination.
The sidelines of said strip of land being extended or truncated to begin and end at the
called lines at the Point of Beginning and the Point of Termination.
Together with;
FIRESTONE BOULEVARD
A strip of land 120 feet in width located in Sections 1, 2, 11, and 12 Township 2 North,
Range 68 West of the 6th Principle Meridian, Town of Firestone, Weld County, Colorado,
said strip being 60.00 feet on each side of the following described centerline, more
particularly described as follows:
Beginning at the Northeast Corner of the Northwest Y of the Northwest'/ of said
Section 11, from which the North '/ Corner of said Section 11 bears North 89°52'51"
East, 1,298.27 feet (Basis of Bearing), North 89°52'51" East, 1,298.27 feet to the North
15
/ Corner of Said Section 11; thence North 89°55'55" East, 2,587.97 feet to the
Northeast Corner said Section 11; thence North 89°52'51" East, 50.00 feet to a point
being on the east right-of-way line extended of Birch Street, said point also being the
Point of Termination.
The sidelines of said strip of land being extended or truncated to begin and end at the
called lines at the Point of Beginning and the Point of Termination.
Together with;
JAKE JABS BOULEVARD
All of Tract B as more particularly described on the plat titled American Furniture
Warehouse Subdivision, recorded on March 24, 2006 at Reception No. 3373270, with
the Clerk and Recorder of Weld County, Colorado.
Together with;
All of Tract I as more particularly described on the plat titled Firestone City Centre
Subdivision, Filing No. 1, recorded on December 7, 2007 at Reception No. 3522365,
with the Clerk and Recorder of Weld County, Colorado and the Special Warranty Deed
recorded on February 5, 2008 at Reception No. 3533494, with the Clerk and Recorder of
Weld County, Colorado.
Together with;
BAILEY STREET
A strip of land 60 feet in width located in Section 2 Township 2 North, Range 68 West of
the 6'h Principal Meridian, Town of Firestone, Weld County, Colorado, said strip of land
being 30.00 feet on each side of the following described centerline, being more
particularly described as follows:
Beginning at the Northeast Corner of the West Y of the Southeast'/ of said Section 2,
from which the Northeast Corner of the West'/ of the Southeast'/ of said Section 2
bears South 01°23'42" West, 2659.20 feet (Basis of Bearing), South 01°23'42" West,
2659.20 feet along the East line of the West Y of the Southeast Y of said Section 2 to
the Southeast corner of the West'/ of the Southeast'/ of said Section 2 being the Point
of Termination.
The sidelines of said strip of land being extended or truncated to begin and end at the
called lines at the Point of Beginning and the Point of Termination.
Together with;
SABLE AVENUE
A strip of land 60 feet in width located in Sections 11, 12, 13 and 14 Township 2 North,
Range 68 West of the 6th Principal Meridian, Town of Firestone, Weld County, Colorado,
said strip of land being 30.00 feet on each side of the following described centerline,
being more particularly described as follows:
Beginning at the Southeast Corner of said Section 11, from which the Southeast corner
of said Section 11 bears South 89°34'33" West, 1308.99 feet (Basis of Bearing), South
89°34'33" West, 1308.99 feet along the South line of a portion of said Section 11 to the
Southeast 1/16 corner of said Section 11; Thence South 89°34'14" West, 1309.03 feet
along the South line of a portion of said Section 11 to the South Y Corner of said
Section 11; Thence South 89°39'06" West, 1310.48 feet along the South line of a
portion of said Section 11 to the Southwest 1/16 corner of said Section 11; Thence
16
South 89°38'55" West, 1260.51 feet along the South line of a portion of said Section 11
to a point on the easterly Right -of -Way of the 1-25 Frontage Road being the Point of
Termination.
The sidelines of said strip of land being extended or truncated to begin and end at the
called lines at the Point of Beginning and the Point of Termination.
Together with;
TURNER COMMONS
All of Lot 1 as more particularly described on the recorded exemption titled Recorded
Exemption No. 1313-3-4 RE -626, recorded at Reception No. 01940086, with the Clerk
and Recorder of Weld County, Colorado.
Together with;
All of the parcel as more particularly described on the subdivision exemption titled SE -
1156, recorded at Reception No. 3665635, with the Clerk and Recorder of Weld County,
Colorado.
Together with;
CENTRAL PARK
All of Outlot 1, Outlot 2, and Tract A as more particularly described on the final plat titled
Firestone Central Park First Filing Minor Subdivision, recorded at Reception No.
3427733, with the Clerk and Recorder of Weld County, Colorado.
Together with;
FIRESTONE COMMUNITY
All of Tract A and Tract B as more particularly described on the final plat titled Firestone
Community Minor Subdivision, recorded at Reception No. 3372263, with the Clerk and
Recorder of Weld County, Colorado.
Together with;
THE SHORES
A parcel of land situate in Section 1, Township 2 North, Range 68 West, of the 6t P.M.,
County of Weld, State of Colorado, being more particularly described as follows;
Considering the South line of the Southwest quarter of Section 1, Township 2 North,
Range 68 West, of the 6th P.M., as bearing North 89°47'54" West and with all bearings
contained herein relative thereto: Commencing at the South quarter corner of said
Section 1; thence North along the East line of the Southeast quarter of the Southwest
quarter of said Section 1, North 00°31'07" East 30.00 feet to the North right-of-way of
said WCR 24, said point being the TRUE POINT OF BEGINNING of this description;
thence along said North right-of-way, North 89°47'54" West 2741.95 feet to the West line
of the Southwest quarter said Section 1; thence along said West line, North 01°31'48"
East 2626.35 feet; thence along the West line of the Northwest quarter of said Section 1,
North 01°34'53" East 1319.17 to the Northwest corner of the Southwest quarter of the
Northwest quarter of said Section1; thence continuing North 01°34'53" East 20.60 feet to
the North right-of-way of Weld County Road (WCR) 24 %; thence South 89°31'06" East
1334.49 feet to a point on the West line of Lot A of the Recorded Exemption 1313-1-2-
RE2024, records of said County; thence along the West line of said Lot A and the East
line of the West half of the Northwest quarter of said Section 1, South 01°01'29" West
600.71 feet; thence along the South line of said Recorded Exemption 1313-1-2-RE2024
the following eleven (11) courses and distances; (1) North 57°27'44" East 528.67 feet;
17
(2) North 61°56'41" East 259.69 feet; (3) South 01°17'30" East 65.63 feet; (4) North
74°46'22" East 225.12 feet; (5) North 72°55'39" East 116.39 feet; (6) North 85°14'02"
East 132.54 feet; (7) South 89°34'18" East 55.00 feet; (8) South 53°49'04" 30.81 feet; (9)
South 82°26'48" East 48.37 feet; (10) South 83°13'53" East 27.17 feet; (11) South
70°51'49" East 56.62 feet to a point on the West line of the Northeast quarter of said
Section 1; thence along said West line North 00°31'08" East 243.84 feet; thence North
88°51'38" East 1968.70 feet to a point that is South 88°51'38" West 660.00 feet from the
East line of the Northeast quarter of said Section 1; thence South 00°24'41" West,
parallel to the East line of the Northeast quarter of said Section 1, 1338.49 feet to a point
to the South line of the Northeast quarter of said Section 1; thence along said South line,
South 89°06'24" West 1970.98 feet to the Center quarter corner; thence along the West
line of the Southeast quarter of said Section 1, South 00°31'41" West 1352.35 feet to the
Northwest corner of the Southwest quarter of the Southeast Quarter of said Section 1;
thence along the North line of the Southwest quarter of the Southeast quarter of said
Section 1, North 89°40'24" East 1317.24 feet (previously recorded as 1316.96 feet) to
the Northeast corner of the Southwest quarter of the Southeast quarter of said Section 1;
thence along the East line of the Southwest quarter of the Southeast quarter of said
Section 1, South 00°27'27" West 1334.26 feet to the said North right-of-way of WCR 24;
thence along said North right-of-way, North 89°48'53" West 1318.32 feet to the point of
beginning and containing 337.735 acres more or less gross.
Together with;
A parcel of land situate in the East half of Section 2, Township 2 North, Range 68 West,
of the 61h P.M., County of Weld, State of Colorado, being more particularly described as
follows: Considering the South line of the Southwest quarter of Section 1, Township 2
North, Range 68 West, of the 61h P.M., as bearing North 89°47'54" West and with all
bearings contained herein relative thereto: Commencing at the Southeast corner of said
Section 2, thence along the East line of the Southeast quarter of Section 2, North
01°31'48" East 30.00 feet to the North right-of-way of WCR 24, said point being the
TRUE POINT OF BEGINNING of this description; thence continuing along said East
line, North 01°31'48" East 2626.35 feet to the East quarter corner of said Section 2;
thence along the East line of the Northeast quarter of said Section 2, North 01°34'53"
East 1319.17 to the Northeast corner of the Southeast quarter of the Northeast quarter
of said Section 2; thence continuing North 01°34'53" East 20.60 feet to the North right-
of-way of Weld County Road (WCR) 24 %; thence along said North right-of-way, North
89°31'06" West 1334.26 feet to a point 30.00 feet West of and 20.82 feet North of the
Northwest corner of the Southeast quarter of the Northeast quarter of Section 2; thence
along a line parallel with and 30.00 feet West of the West line of the Southeast quarter of
the Northeast quarter, also being the West right-of-way of Weld County Road (WCR) 9
%, South 01°24'54" West 1335.73 feet; thence along a line parallel with and 30.00 feet
West of the West line of the East half of the Southeast quarter of said Section 2, also
being the West line of said right-of-way, South 01°23'42" West 2627.90 feet to the North
right-of-way of said WCR 24; thence along said North right-of-way, South 89°25'07" East
907.02 feet to Westerly line of Lot A, of the Recorded Exemption 1313-2-4-RE405,
records of said County; thence along said Lot A the following four (4) courses and
distances; (1) North 17°03'42" East 200.12 feet; (2) North 30°27'35" East 207.93 feet; (3)
North 62°58'03" East 295.78 feet; (4) South 01°31'48" West 509.33 feet to said North
right-of-way of WCR 24; thence along said North right-of-way, South 89°25'07" East 3.00
feet to the point of beginning, containing 117.548 acres more or less gross.
Together with;
18
All of the real property described on the annexation map titled The Shores Second
Annexation to the Town of Firestone, recorded on July 23, 2008 at Reception No.
3567926, with the Clerk and Recorder of Weld County, Colorado.
Together with;
DEL CAMINO JUNCTION BUSINESS PARK
All of Tracts A, B, and C, and Lots 1-2, Block 1 and Lots 1 and 5, Block 2, as more
particularly described on the plat titled Final Plat Del Camino Junction Business Park
P.U.D., recorded on December 17, 1999 at Reception No. 2739037, with the Clerk and
Recorder of Weld County, Colorado.
Together with;
All of Lot 8, Block 1 as more particularly described on the replat titled Del Camino
Junction Business Park Minor Plat a Replat of Lots 8 and 9, Block 1, Del Camino
Junction Business Park P.U.D., recorded on April 4, 2001 at Reception No. 2837826,
with the Clerk and Recorder of Weld County, Colorado.
Together with;
All of Lots 3 and 5, Block 1 as more particularly described on the replat titled Del Camino
Junction Business Park Fourth Minor Plat a Replat of Lots 3 and 4, Block 1, Del Camino
Junction Business Park P.U.D., and Lot 5, Block 1, Del Camino Junction Business Park
Third Minor Plat, recorded on June 20, 2007 at Reception No. 3484774, with the Clerk
and Recorder of Weld County, Colorado.
Together with;
All of Lot 1-B, Block 3 as more particularly described on the amended final plat titled Del
Camino Junction Business Park PUD a Replat of Lot 1, Block 3, Del Camino Junction
Business Park PUD, recorded on January 10, 2005 at Reception No. 3251663, with the
Clerk and Recorder of Weld County, Colorado.
Together with;
NEIGHBORS
All of the real property described on the annexation map titled Neighbors Annexation,
recorded on February 1, 2001 at Reception No. 2823013, with the Clerk and Recorder of
Weld County, Colorado, excepting therefrom those portions of said annexation being a
part of the public right-of-way of Weld County Road 11.
Together with;
LEXINGTON VILLAGE
All of the real property described on the annexation map titled Lexington Village
Annexation, recorded on December 7, 2007 at Reception No. 3522370, with the Clerk
and Recorder of Weld County, Colorado.
Together with;
SABLE GLEN
All of the real property described on the annexation map titled Sable Glen Annexation,
recorded on January 14, 2005 at Reception No. 3253237, with the Clerk and Recorder
of Weld County, Colorado, excepting therefrom those portions of said annexation being
a part of the public right-of-way of Sable Avenue.
END OF EXHIBIT A
19
""EXHIBIT C
Northwest Firestone Conditions Survey
•
•
rrirlati
Town of Firestone, Colorado
June 2012
Northwest Firestone Conditions Survey I June 2012
Table of Contents
Section 1: Survey Overview 1
Section 2: Colorado Urban Renewal Statutes and Blighted Areas 3
Section 3: Conditions Indicative of the Presence of Blight 7
Section 4: Survey Area Location, Definition, and Description 13
Section 5: Survey Findings 17
Section 6: Survey Summary and Recommendation 35
Exhibit 1: Survey Area Context 14
Exhibit 2: Survey Area Map 15
Northwest Firestone Conditions Survey I June 2012
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ii
Northwest Firestone Conditions Survey I June 2012
Section 1: Survey Overview
Purpose
The Northwest Firestone Conditions Survey ("Survey") is an examination and
analysis of various conditions found within a defined geographic area to
determine if the area qualifies as"blighted"within the meaning of the Colorado
Urban Renewal Law.
The Survey is a necessary step if urban renewal, as defined and authorized by
Colorado statutes, (see Section 2 and Section 3), is to be used as a tool by the
Town of Firestone to remedy and prevent conditions of blight. The findings
and conclusions presented in this report are intended to assist the Firestone
Town Board in making a final determination as to whether the Survey Area
qualifies as blighted and, consequently, the feasibility and appropriateness of
using urban renewal as a reinvestment tool.
To conduct the Survey and prepare the Survey report, theTown of Firestone
retained the services of Denver -based consulting firm Matrix Design Group.
Matrix has experience in conducting blight studies for municipalities and
agencies across Colorado, and has the ability to efficiently handle multiple
aspects of the process, including the study itself, environmental assessments,
and legal descriptions.
Methodology
The defined geographic area ("Survey Area") examined in this Conditions
Survey was determined by the Town of Firestone, and lies mostly within
Firestone's municipal boundaries. Portions of the Survey Area that were outside
of the Town limits at the time of the Conditions Survey were planned for
annexation. A map depicting the boundaries of the Survey Area is presented in
Section 4 of this report as Exhibit 2: Survey Area Map.
Data collection for conditions of blight (see Sections 2 and 3 for what
constitutes conditions of blight) was accomplished through several means.
For those blight conditions that could be identified by visual observation and
Survey Overview 1
Northwest Firestone Conditions Survey I June 2012
by the use of maps and aerial photography, the consultant team conducted a
field survey of the Survey Area in April 2012. For those blight conditions that
are not observable in the field (such as traffic data, crime statistics, etc.), blight
condition data was obtained from specific Town of Firestone departments and
officials during the same time period.
The Survey Area's individual real property parcels were used as the primary
units of observation during the data collection and field survey, in order to
organize the blight data and prepare graphic illustrations of the findings.
2 Survey Overview
Northwest Firestone Conditions Survey I June 2012
Section 2: Colorado Urban Renewal Statutes and
Blighted Areas
In the Colorado Urban Renewal Law, Colo. Rev. Stat. § 31-25-101 et seq. (the
"Urban Renewal Law"), the legislature has declared that an area of blight
"constitutes a serious and growing menace, injurious to the public health,
safety, morals, and welfare of the residents of the state in general and
municipalities thereof; that the existence of such areas contributes substantially
to the spread of disease and crime, constitutes an economic and social liability,
substantially impairs or arrests the sound growth of municipalities, retards
the provision of housing accommodations, aggravates traffic problems and
impairs or arrests the elimination of traffic hazards and the improvement of
traffic facilities; and that the prevention and elimination of slums and blight is a
matter of public policy and statewide concern...:'
Under the Urban Renewal Law, the term "blighted area"describes an area
with an array of urban problems, including health and social deficiencies, and
physical deterioration. See Colo. Rev. Stat. § 31-25-103(2). Before remedial
action can be taken, however, the Urban Renewal Law requires a finding by the
appropriate governing body that an area such as the Survey Area constitutes a
blighted area. Colo. Rev. Stat. §31-25-107(1).
The blight finding is a legislative determination by the municipality's governing
body that, as a result of the presence of factors enumerated in the definition
of"blighted area"the area is a detriment to the health and vitality of the
community requiring the use of the municipality's urban renewal powers to
correct those conditions or prevent their spread. In some cases, the factors
enumerated in the definition are symptoms of decay, and in some instances,
these factors are the cause of the problems. The definition requires the
governing body to examine the factors and determine whether these factors
indicate a deterioration that threatens the community as a whole.
For purposes of the Survey, the definition of a blighted area is articulated in the
Colorado Urban Renewal statute as follows:
Colorado Urban Renewal Statutes and Blighted Areas 3
Northwest Firestone Conditions Survey I June 2012
"'Blighted area"'means an area that, in its present condition and use and, by reason
of the presence of at least four of the following factors, substantially impairs or
arrests the sound growth of the municipality, retards the provision of housing
accommodations, or constitutes an economic or social liability, and is a menace to
the public health, safety, morals, or welfare:
a. Slum, deteriorated, or deteriorating structures;
b. Predominance of defective or inadequate street layout;
c Faulty lot layout in relation to size, adequacy, accessibility, or usefulness;
d. Unsanitary or unsafe conditions;
e. Deterioration of site or other improvements;;
f. Unusual topography or inadequate public improvements or utilities;
g. Defective or unusual conditions of title rendering the title non -marketable;
h. The existence of conditions that endanger life or property by fire or other
causes;
i. Buildings that are unsafe or unhealthy for persons to live or work in because
of building code violations, dilapidation, deterioration, defective design,
physical construction, or faulty or inadequate facilities;
j. Environmental contamination of buildings or property; or
k.5. The existence of health, safety, or welfare factors requiring high levels of
municipal services or substantial physical underutilization or vacancy of sites,
buildings, or other improvements."
In addition, paragraph (I.) states, "if there is no objection by the property owner or
owners and the tenant or tenants of such owner or owners, if any, to the inclusion
of such property in an urban renewal area, 'blighted area' also means an area that
in its present condition and use and, by reason of the presence of any one of the
factors specified in paragraphs (a) to (k..5)of subsection...."
The statute also states a separate requirement for the number of blight factors
that must be present if private property is to be acquired by eminent domain.
At § 31-25-105.5(5), paragraph (a.) states, 'Blighted area' shall have the same
meaning as set forth in section 31-25-103 (2); except that, for purposes of this
section only, 'blighted area'means an area that, in its present condition and use
and, by reason of the presence of at least five of the factors specified in section 31-
25-103 (2)(a) to (2)(I)...."
4 Colorado Urban Renewal Statutes and Blighted Areas
Northwest Firestone Conditions Survey I June 2012
Thus, the state statutes require, depending on the circumstances, that a
minimum of either one, four, or five blight factors be present for an area to be
considered a "blighted area:'
A couple principles have been developed by Colorado courts to guide the
determination of whether an area constitutes a blighted area under the Urban
Renewal Law. First, the absence of widespread violation of building and health
codes does not, by itself, preclude a finding of blight. According to the courts,
"the definition of'blighted area'contained in [the Urban Renewal Law] is broad
and encompasses not only those areas containing properties so dilapidated
as to justify condemnation as nuisances, but also envisions the prevention of
deterioration"
Second, the presence of one well -maintained building does not defeat
a determination that an area constitutes a blighted area. Normally, a
determination of blight is based upon an area "taken as a whole,"and not on a
building -by -building, parcel -by -parcel, or block -by -block basis.
Based upon the conditions identified in the Survey Area, this report makes a
recommendation as to whether the Survey Area qualifies as a blighted area.
The actual determination itself remains the responsibility of the FirestoneTown
Board.
Colorado Urban Renewal Statutes and Blighted Areas 5
Northwest Firestone Conditions Survey I June 2012
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6 Colorado Urban Renewal Statutes and Blighted Areas
Northwest Firestone Conditions Survey I June 2012
Section 3: Conditions Indicative of the Presence
of Blight
As discussed in Section 2, Colorado Urban Renewal law provides a list of
11 factors that, through their presence, may allow an area to be declared as
blighted. This section elaborates on those 11 factors by describing some of the
conditions that might be found within a Survey Area that would indicate the
presence of those factors.
Slum, Deteriorated, or Deteriorating Structures:
During the field reconnaissance of the Survey Area, the general condition and
level of deterioration of a building is evaluated. This examination is limited
to a visual inspection of the building's exterior condition and is not a detailed
engineering or architectural analysis, nor does it include the building's interior.
The intent is to document obvious indications of disrepair and deterioration to
the exterior of a structure found within the Survey Area. Some of the exterior
elements observed for signs of deterioration include:
Primary elements (exterior walls, visible foundation, roof)
Secondary elements (fascia/soffits, gutters/downspouts, windows/
doors, facade finishes, loading docks, etc.)
Ancillary structures (detached garages, storage buildings, etc.)
Predominance of Defective or Inadequate Street Layout:
The presence of this factor is determined through a combination of both field
observation as well as an analysis of the existing transportation network and
vehicular and pedestrian circulation patterns in the Survey Area by persons
with expertise in transportation planning and/or traffic engineering. These
conditions include:
Inadequate street or alley widths, cross -sections, or geometries
Poor provisions or unsafe conditions for the flow of vehicular traffic
Poor provisions or unsafe conditions for the flow of pedestrians
Insufficient roadway capacity leading to unusual congestion of
traffic
Inadequate emergency vehicle access
Poor vehicular/pedestrian access to buildings or sites
Conditions Indicative of the Presence of Blight 7
Northwest Firestone Conditions Survey I June 2012
Poor internal vehicular/pedestrian circulation
Excessive curb cuts/driveways in commercial areas
These conditions can affect the adequacy or performance of the transportation
system within the Survey Area, creating a street layout that is defective or
inadequate.
Faulty Lot Layout in Relation to Size, Adequacy, Accessibility, or
Usefulness:
This factor requires an analysis of the parcels within the Survey Area as to their
potential and usefulness as developable sites. Conditions indicative of the
presence of this factor include:
Lots that are long, narrow, or irregularly shaped
Lots that are inadequate in size
Lots with configurations that result in stagnant, misused, or unused
land
This analysis considers the shape, orientation, and size of undeveloped parcels
within the Survey Area and if these attributes would negatively impact the
potential for development of the parcel. This evaluation is performed both
through observation in the field and through an analysis of parcel boundary
maps of the Survey Area.
Unsanitary or Unsafe Conditions:
Conditions observed within the Survey Area that qualify under this blight
factor include:
• Floodplains or flood prone areas
• Inadequate storm drainage systems/evidence of standing water
• Poor fire protection facilities
• Above average incidences of public safety responses
• Inadequate sanitation or water systems
• Existence of contaminants or hazardous conditions or materials
• High or unusual crime statistics
8 Conditions Indicative of the Presence of Blight
Northwest Firestone Conditions Survey j June 2012
Open trash dumpsters
Severely cracked, sloped, or uneven surfaces for pedestrians
Illegal dumping
Vagrants/vandalism/graffiti/gang activity
Open ditches, holes, or trenches in pedestrian areas
These represent situations in which the safety of individuals, especially
pedestrians and children, may be compromised due to environmental and
physical conditions considered to be unsanitary or unsafe.
Deterioration of Site or Other Improvements:
The conditions that apply to this blight factor reflect the deterioration of
various improvements made on a site other than building structures. These
conditions may represent a lack of general maintenance at a site, the physical
degradation of specific improvements, or an improvement that was poorly
planned or constructed. Overall, the presence of these conditions can reduce a
site's usefulness and desirability and negatively affect nearby properties.
Neglected properties or evidence of general site maintenance
problems
Deteriorated signage or lighting
Deteriorated fences, walls, or gates
Deterioration of on -site parking surfaces, curb & gutter, or sidewalks
Poorly maintained landscaping or overgrown vegetation
• Poor parking lot/driveway layout
• Unpaved parking lot on commercial properties
Unusual Topography or Inadequate Public Improvements or
Utilities:
The focus of this factor is on the presence of unusual topographical conditions
that could make development prohibitive, such as steep slopes or poor load -
bearing soils, as well as deficiencies in the public infrastructure system within
the Survey Area that could include:
• Steep slopes / rock outcroppings / poor load -bearing soils
Conditions Indicative of the Presence of Blight 9
Northwest Firestone Conditions Survey I June 2012
Deteriorated public infrastructure (street/alley pavement, curb,
gutter, sidewalks, street lighting, storm drainage systems)
Lack of public infrastructure (same as above)
Presence of overhead utilities or billboards
Inadequate fire protection facilities/hydrants
Inadequate sanitation or water systems
Defective or Unusual Conditions of Title Rendering the Title
Non -Marketable:
Certain properties can be difficult to market or redevelop if they have overly
restrictive or prohibitive clauses in their deeds or titles, or if they involve an
unusually complex or highly divided ownership arrangement. Examples
include:
Properties with covenants or other limiting clauses that significantly
impair their ability to redevelop
Properties with disputed or defective title
Multiplicity of ownership making assemblages of land difficult or
impossible
Lots with billboards that have active leases, making redevelopment
more difficult
Lots with oil & gas leases or easements that restrict or inhibit
development
Existence of Conditions that Endanger Life or Property by Fire
and Other Causes:
A finding of blight within this factor can result from the presence of the
following conditions, which include both the deterioration of physical
improvements that can lead to dangerous situations as well as the inability for
emergency personnel or equipment to provide services to a site:
Buildings or sites inaccessible to fire and emergency vehicles
• Blocked/poorly maintained fire and emergency access routes/
frontages
• Insufficient fire and emergency vehicle turning radii
10 Conditions Indicative of the Presence of Blight
Northwest Firestone Conditions Survey I June 2012
Buildings or properties not in compliance with fire codes, building
codes, or environmental regulations
Buildings that are Unsafe or Unhealthy for Persons to Live or
Work In:
Some of the conditions that can contribute to this blight factor include:
Buildings or properties not in compliance with fire codes, building
codes, or environmental regulations
Buildings with deteriorated elements that create unsafe conditions
Buildings with inadequate or improperly installed utility
components
Environmental Contamination of Buildings or Property:
This factor represents the presence of contamination in the soils, structures,
water sources, or other locations within the Survey Area.
Presence of hazardous substances, liquids, or gasses
Existence of Factors Requiring High Levels of Municipal
Services or Substantial Physical Underutilization or Vacancy of
Sites, Buildings, or Other Improvements:
The physical conditions that would contribute to this blight factor include:
Sites with a high incidence of fire, police, or emergency responses
Sites adjacent to streets/alleys with a high incidence of traffic
accidents
Sites with a high incidence of code enforcement responses
An undeveloped parcel in a generally urbanized area
A parcel with a disproportionately small percentage of its total land
area developed
Vacant structures or vacant units in multi -unit structures
Conditions Indicative of the Presence of Blight 11
Northwest Firestone Conditions Survey I June 2012
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12 Conditions Indicative of the Presence of Blight
Northwest Firestone Conditions Survey I June 2012
Section 4: Survey Area Location, Definition, and
Description
The Northwest Firestone Conditions Survey Area is located in northwest
Firestone, generally centered on the Interstate 25 / SH 119 (Firestone Blvd)
Interchange. Most of the property included in the Survey Area is east of
I-25, but not all of it; there is a concentration of property included north
of SH 119 to the west of I-25 near Union Reservoir. Land uses in the area
are predominately commercial near the interchange itself, residential, and
agricultural. Additionally, sand and gravel mining operations along with oil and
gas development exist in the Survey Area.
The Survey Area is composed of many large agricultural parcels (20-40 acres),
and the rest are midsize commercial parcels (1-3 acres), and small subdivided
residential parcels (<1 acre).There are more than 75 parcels total, not including
recently subdivided residential lots.
Exhibit 1: Survey Area Context, shows the location of the Survey Area within
the context of the Northern Colorado and the surrounding area. Exhibit 2:
Survey Area Map visually depicts the layout and configuration of the Survey
Area parcels and the area surrounding the I-25/SH 119 interchange.
Survey Area Location, Definition, and Description 13
Northwest Firestone Conditions Survey I June 2012
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16 Survey Area Location, Definition, and Description
Northwest Firestone Conditions Survey I June 2012
Section 5: Survey Findings
The overall findings of the Northwest Firestone Conditions Survey are
presented below in a format that mirrors the list of factors and conditions of
blight discussed in Section 3.
Slum, Deteriorated, or Deteriorating Structures
While many of the commercial structures in the Survey Area were in good
condition due to their relatively recent construction, some older residential
structures and ancillary structures were found in poor condition.
Common problems in this category included deteriorated exterior finishes, and
deteriorated/broken doors and windows.
An ancillary structure with deteriorated exterior finishes
Survey Findings 17
Northwest Firestone Conditions Survey I June 2012
This vacant structure has deteriorated finishes
A broken, boarded window
18 Survey Findings
.y=..ss»7. 3
Northwest Firestone Conditions Survey I June 2012
This vacant structure has a deteriorated roof and fascia/soffits
Slum, Deteriorated, or Deteriorating Structures is considered to be present in the
Survey Area
20 Survey Findings
Northwest Firestone Conditions Survey I June 2012
Predominance of Defective or Inadequate Street Layout
Issues with the underdeveloped road network in the Survey Area were
widespread. In numerous places within the Survey Area, roads were either
unpaved and in moderate or poor condition, or missing entirely.
The agricultural uses in portions of the Survey Area do not necessarily require
a highly developed road system, but recent construction of commercial areas
and the planing of numerous subdivisions has resulted in higher levels of
traffic in many areas, including unpaved roads. Gravel roadways adjacent to
many parcels in the Survey Area need to be upgraded to have the capacity to
support development adjacent to many parcels, including Firelight Park, Union,
Del Camino Central, The Shores, Cottonwood Commerce Center, Cottonwood
Hollow, Lexington Village, and the Vogl North Parcel.
Unpaved Roads
ansamea
Some unpaved roads near the commercial area surrounding the 1-25/119 interchange experience
increased traffic due to development in the area, resulting in dust being generated despite the efforts
of trucks in the area to keep the unpaved roadways wet.
Survey Findings 21
Northwest Firestone Conditions Survey I June 2012
Topography in the vicinity of Adams Farm limits road access to certain parcels and funnels traffic
onto only a few roads.
Data received from the Town shows that Firestone Boulevard does not have
adequate capacity in between 1-25 and Birch Street. Additionally, various
signals along the Boulevard are in need of improvements and upgrades,
including at Jake Jabs Boulevard, Birch Street, and Turner Boulevard.The memo
also stated that the 90 degree bend at Zinnia Avenue and WCR 7 is inadequate
given the volume of traffic and traffic speeds. The roadway alignment needs to
be corrected to provide an acceptable and conforming radius curve.
A final major issue with street layout was the lack of internal access roads in
many large parcels. In most cases, further development will require additional
internal roads, which could be an impediment to the redevelopment of certain
parcels.
Because of these issues, the Survey Area exhibits the Inadequate Street Layout
blight factor.
22 Survey Findings
Northwest Firestone Conditions Survey I June 2012
Faulty Lot Layout in Relation to Size, Adequacy, Accessibility, or
Usefulness
This factor is assessed by considering issues with physical lot configurations
that restrict or hamper redevelopment.
Lots were analyzed to determine if any were too small or awkwardly shaped to
be developed given zoning and other regulations . Since most of the parcels
in the Survey Area are either large parcels (>20 acres)or have been subdivided
relatively recently, no parcels were found that were too small to allow
redevelopment.
Lot layout problems in the Survey Area were instead related to access. In some
cases, such as with the Union and Adams Farm properties, access was limited
by railroad tracks and the St. Vrain River, respectively.
The Union Property has a railroad dividing it, causing difficulties in accessing certain parcels.
Survey Findings 23
Northwest Firestone Conditions Survey I June 2012
The western parcel in the Adams Farm property has extremely poor access; a road only currently
exists in its far southeastern corner.
Other small undevelopable parcels in the middle of reservoirs and detention
areas exist, and are likely the result of oil and gas development. Additionally,
many lots have surface use agreements due to oil and gas development in the
area suggesting the possibility of various easements, surface damage, erosion,
exhaust emission, and noise. Gas development can adversely impact the
usefulness of property when being considered for redevelopment.
Because of these issues, a finding of Faulty Lot Layout was made within the
Survey Area.
24 Survey Findings
Northwest Firestone Conditions Survey I June 2012
Unsanitary or Unsafe Conditions
Data from the Firestone Police Department did not reveal any crime statistics
or reports that suggest the Survey Area is unsafe. However, there were issues
found with stormwater drainage, open ditches, and illegal dumping which
contributed to this blight factor.
FEMA regulated floodplains cover a significant portion of the Survey Area,
including all or parts of Adams Farm, Del Camino Central, The Shores, ALMO,
Cottonwood Hollow, and Lexington Village. Major drainageways, ditches, and
irrigation canals are common throughout the area, including Last Chance,
Rural, Godding, and Oligarchy Canals.
The floodplains are not a significant danger by themselves, but the issue is
compounded by the drainageways and irrigation ditches in the area, which
have the potential to overflow, including near public rights of way and
potential pedestrian areas. Erosion is also an issue along the unstablized banks
of the canals and ditches.
Survey Findings 25
Northwest Firestone Conditions Survey I June 2012
Finally, a significant amount of illegal dumping was found in the vicinity of
Road 7 and Zinnia Avenue. Information received from Town officials reveals
that this problem has been ongoing.
Unsanitary conditions as a result of illegal dumping
Because of these issues, the Unsanitary and Unsafe Conditions factor is
considered present in the area.
Survey Findings 27
Northwest Firestone Conditions Survey I June 2012
Deterioration of Site or Other Improvements
The most common occurrence of blight in this category were lots with
overgrown weeds and trash that had blown from nearby retail establishments
or from cars passing by on the Interstate.
Overall, however, these issues were not severe enough to consider the Survey
Area as exhibiting this blight factor.
A fueling station that once existed here is now gone; all that remains is weeds and broken pavement.
Debris on a feedlot, visible from the public right of way
28 Survey Findings
Northwest Firestone Conditions Survey I June 2012
Unusual Topography or Inadequate Public Improvements or
Utilities
Findings of this blight category were related to the lack of public improvements
such as sidewalks along the public rights -of -way or utility systems in the area.
In certain areas, sidewalks were deteriorated or missing, despite the reasonable
expectation of pedestrian foot traffic.
Some of the retail developments in the vicinity of the interchange lack perimeter sidewalk
infrastructure
Data received from the Town detailing infrastructure systems in the Area show
numerous issues with stormwater infrastructure in the Survey Area.
The capacity of culverts underneath Firestone Boulevard between 1-25 and
Colorado Boulevard and between the Vogl parcels in the far eastern portion of
the Survey Area is inadequate according to recent storm drainage studies. A
similar situation exists along certain portions of Sable Avenue.
Survey Findings 29
Northwest Firestone Conditions Survey I June 2012
Natural drainageways and ditches drain water to the St. Vrain River and other
detention areas in the Survey Area, but not all drainageways are adequate.
An engineered drainage channel is needed to convey stormwater from the
confluence of two major drainage basins on the Shores Property to the St. Vrain
River, as the current ditch is inadequate. Storm runoff from more than 275 acres
is handled by a natural sump in the far eastern portion of the Survey Area, and
is prone to flooding, due in part to a shallow water table. Additional detention
is also recommended in the area.
Other infrastructure necessary to support development is also lacking; there
is no potable water service supporting numerous large parcels in the Survey
Area, and no sanitary sewer service is currently available for the Vogl North and
South parcels at the Survey Area's eastern boundary.
There was no unusual topography found in the Survey Area that would
substantially impair investment and redevelopment, although numerous
drainage ditches with easements are located in major parcels throughout
the Survey Area, possibly limiting development or redevelopment.These
properties include Turner Commons, Union, Adams Farm, Del Camino Junction
Business Park, Del Camino Central, The Shores, Cottonwood Hollow, and
Cambria Crossing.
30 Survey Findings
Northwest Firestone Conditions Survey I June 2012
Defective or Unusual Conditions of Title Rendering the Title
Non -marketable
Conversations with Firestone town planning staff revealed a number of
issues in this blight category. Surface use agreements and oil/gas leases and
easements exist on almost all of the larger parcels, which have the potential to
greatly hinder each parcel's redevelopment potential. These properties include:
Cottonwood Hollow Property
• Union Property
• Firelight Property
• The Shores Property
• Vogl Property
• Firestone Central Park
Neighbors Point Property
There have been past examples of developers putting properties under
contract for development that never came to fruition due to oil and gas issues.
One example of this is the Firestone Central Park property, which may never be
developed to its full potential due to these issues.
Additionally, the Turner Commons property at the northwest corner of the
1-25/119 interchange has restrictions in its title that limit the development of
certain types of commercial uses. The ditch easement on this property further
inhibits redevelopment, and has caused a previous contract to develop this
property to be abandoned.
Existence of Conditions that Endanger Life or Property by Fire
or Other Causes
Data from the Frederick -Firestone Fire Protection District revealed a few fire -
related incidents in the past, including a gas line rupture and the burning down
of a fueling station near the interchange, but there are no current issues with
fire safety in the Survey Area that cause concern. Fire code inspections are
completed annually with few or no violations.
This factor is considered not present.
Survey Findings 31
Northwest Firestone Conditions Survey I June 2012
Buildings that are unsafe or unhealthy for persons to live or
work in because of building code violations, dilapidation,
deterioration, defective design, physical construction, or faulty
or inadequate facilities
No buildings in the area were found upon visual inspection to be deteriorated
enough to present a danger to occupants, nor was any data received from the
Town to suggest any danger.
The factor is therefore considered to not be present.
32 Survey Findings
Northwest Firestone Conditions Survey I June 2012
Environmental Contamination of Buildings or Property
As part of this Survey, an Environmental Conditions Analysis (ECA) was
conducted by an Environmental Professional. Various environmental records
databases were searched for known environmental issues that may exist in the
Survey Area.
A few areas of concern have been identified:
• A cattle feedlot operation
• Agricultural uses
A leaking underground storage tank that had a confirmed release
in 1997, but received a No Further Action letter from the Colorado
Department of Labor and Environment, Division of Oil and Public
Safety in March 1998
• Other fueling stations that are possibly upgradient to the Survey
Area, including King Soopers and a former 7 -Eleven
• Numerous oil and gas wells throughout the Survey Area
Based on the historic uses in the area, the presence of pesticides, herbicides,
metals, organic acids, and or nitrates is likely. Soil and or groundwater
contamination is therefore a concern, although it has not been confirmed
through testing.
The presence of this factor is likely but unconfirmed.Therefore, it is considered
not present for the purposes of this survey.
Survey Findings 33
Northwest Firestone Conditions Survey I June 2012
The existence of health, safety, or welfare factors requiring
high levels of municipal services or substantial physical
underutilization or vacancy of sites, buildings, or other
improvements
Vacant land was found in a few locations throughout the Survey Area. In the
Del Camino Junction Business Park, a few lots had yet to be developed, and
on the west side of the interchange, the Turner Commons property lies empty
except for weeds and broken pavement. However, most of the agricultural
properties were being actively used; the examples of vacancy found are not
substantial relative to the size of the Survey Area.
A review of municipal service calls from the Police Department and the
Frederick -Firestone Fire Protection District did not reveal a significantly
elevated incidence of service calls in the Survey Area.
This factor is considered not to be present.
A few lots in the business park were vacant despite surrounding development
34 Survey Findings
Northwest Firestone Conditions Survey I June 2012
Section 6: Survey Summary and
Recommendation
Within the entire Survey Area, six of the 11 blight factors were identified as
being present. The blight factors identified within the Survey Area are:
• Slum / Deteriorated Structures
• Defective or Inadequate Street Layout
• Faulty Lot Layout
• Unsanitary or Unsafe Conditions
• Unusual Topography or Inadequate Public Improvements or
Utilities
• Defective or Unusual Conditions of Title
Blight Survey Recommendation
As discussed in Section 2, in order for an area to be declared blighted, a certain
number of the 11 blight factors must be found within the Survey Area. Four
of the 11 factors is the required minimum, unless none of the property owners
or tenants object to being included within an urban renewal area; then, the
required minimum is only one of the 11 factors. In the event however, that
eminent domain is to be used to acquire property within the urban renewal
area, the required minimum is five of the 11 factors. Since six blight factors
were identified within the Survey Area, a sufficient number of blight factors
exist under any of the above scenarios.
It is the recommendation of this blight Survey report to the Town of Firestone
and the Firestone Town Board that the Survey Area, in its present condition,
contains a sufficient number of blight factors as required by the Colorado
urban renewal laws for the Survey Area to be declared a "blighted area:'
Survey Summary and Recommendation 35
Matrix
DESIGN GROUT DESIGN GROUP
April 22, 2013
Ms. Rebecca Tobennan
Planning Director & Town Clerk
Firestone, CO
Dear Ms. Tobennan,
1601 Blake Street Suite 200
Denver, Colorado 80202
303-572-0200
matrixdesigngroup.com
The area studied under the Northwest Firestone Conditions Survey remains materially
unchanged in its character and still reflects the results described in the Conditions Survey
report. The report, as written in June 2012, accurately describes the current condition of
the Study Area.
Sincerely,
Austin Patten
fi
Project Manager
Northwest Firestone Conditions Survey
Denver Colorado Springs Phoenix Anniston Atlanta Omaha Parsuin Pueblo 5acrurnento Washington, D.C.
Exhibit D
Northern Firestone Urban Renewal Area Weld County Impact Report
■FU RA
Urban Renewal Plan for the Northern Firestone Area
Weld County Impact Report
Town of Firestone, Colorado
May 2, 2013
Table of Contents
1.0 Introduction 1
1.1. Report Requirements 1
2.0 Summary of the Northern Plan 1
3.0 Development Program 2
4.0 Development Timing 2
5.0 Development Assumptions and Calculations 2
6.0 Property Tax Revenue 4
7.0 Use of Revenue 4
8.0 Sales Tax Revenue 4
9.0 County Services and Infrastructure 4
Exhibits
A. Map of the Northern Plan Area
B. Single Family Residential Tax Revenue Rates and Values
C. Multi -Family Residential Tax Revenue Rates and Values
D. Employment and Commercial Growth
E. Employment and Commercial Tax Revenue Rates and Values
F. Summary of Tax Revenue Rates and Values
1.0 Introduction
This report outlines the anticipated fiscal impacts of the Northern Firestone Urban
Renewal Plan ("Northern Plan") on Weld County ("County"). A map of the Northern Plan
Area is shown as Exhibit A.
1.1 Report Requirements
This report responds to the requirements outlined in C.R.S. 31-25-107 (3.5):
C.R.S. 31-25-107: APPROVAL OF URBAN RENEWAL PLANS BY THE LOCAL
GOVERNING BODY
(3.5) "[P]rior to the hearing on an urban renewal plan...the governing body or the
authority shall also submit an urban renewal impact report, which shall include, at a
minimum, the following information concerning the impact of such plan:
I. The estimated duration of time to complete the urban renewal project;
II. The estimated annual property tax increment to be generated by the urban
renewal project and the portion of such property tax increment to be allocated
during this period to fund the urban renewal project;
III. An estimate of the impact of the urban renewal project on county revenues and
on the cost and extent of additional county infrastructure and services required to
serve development within the proposed urban renewal area, and the benefit of
improvements within the urban renewal area to existing county infrastructure;
IV. A statement setting forth the method under which the authority or the municipality
will finance, or that agreements are in place to finance, any additional county
infrastructure and services required to serve development in the urban renewal
area for the period in which all or any portion of the property taxes described in
subparagraph (ii) of paragraph (a) of subsection (9) of this section and levied by
a county are paid to the authority; and
V. Any other estimated impacts of the urban renewal project on county services or
revenues.
2.0 Summary of the Northern Plan
The following information provides a summary of the Northern Plan and its potential
financial impacts to the County. The calculations noted herein include the assumption
that the current Intergovernmental Agreement ("IGA") between the Firestone Urban
Renewal Authority ("FURA") and the County for the Southern Firestone Urban Renewal
Plan will be amended to include the Northern Plan.
1
3.0 Development Program
The proposed development program for the Northern Plan is consistent with current
policy documents and plans adopted or utilized by the Town of Firestone. The
anticipated redevelopment and development program over the next 25 years is
summarized in Table 1.
Table 1: Northern Firestone Urban Renewal Plan Proposed
Development Program
Dwelling
Units
Sq. Feet
Residential, Single Family
950
Residential, Multi -Family
750
Employment (Industrial/Office)
600,000
Commercial (Retail/Office)
500,000
Total
1,700
1,100,000
4.0 Development Timing
The development timetable for the proposed program presented above will ultimately be
determined by prevailing market conditions. A key component of the analysis presented
in this report is the assumption that key parcels within the Northern Plan Area will be
redeveloped or developed into a mix of residential, employment and commercial land
uses. For the purposes of this analysis, it is assumed that redevelopment and new
development in the area would be substantially completed during the 25 -year term of
the Northern Plan. No significant growth in the Northern Plan Area is anticipated until
2014.
5.0 Development Assumptions and Calculations
In order to assess the fiscal impacts to Weld County, a variety of land use and
development assumptions have been made. These assumptions and related
calculations are shown in Exhibits B through F.
All the various properties in the Northern Plan Area were analyzed for development and
redevelopment potential, including zoning, physical characteristics, proximity to
infrastructure and the amount of necessary blight mitigation. The percentage of open
space, residential densities and floor area ratios for non-residential development are
consistent with typical development that has occurred in Firestone. For all land use
categories reviewed in the area, the ultimate development potential is generally
consistent with the growth totals shown in Table 1. All calculations shown are in 2013
dollar values. The values shown are the estimated incremental values of vertical
construction. The incremental value of land, especially land that is currently assessed
as agricultural, was not included in these calculations, as such lands are assumed to be
currently valued at market rates. In order to make the analysis as straight forward as
possible, assumed changes in the base valuation or any potential tax rate changes
were not considered.
2
Exhibit B identifies growth and revenue projections for the development of single-family
residential land uses in the Northern Plan Area. Past growth trends of this product type
were reviewed and a 2.5 percent annual growth rate was projected for the Town
through the year 2037. As this total growth is on a Town wide basis, the percentage of
this growth assumed to be developed in the Northern Plan Area is 30 percent. The total
annual projected single-family residential dwelling unit amount is shown on Exhibit B.
The average market value for each single-family residential dwelling unit was projected
to be $250,000. At the County's current mill levy of 16.804 mills and an assessed value
rate of 7.96%, each home will yield the County $334 annually in property tax revenue.
Exhibit B shows the annual and cumulative values of the County's property tax relative
to the projected number of single-family homes.
Exhibit C identifies growth and revenue projections for the development of multi -family
residential land uses in the Northern Plan Area. This type of land use appears to be
gaining momentum in Firestone; therefore a two percent annual growth rate was
projected for the Town through the year 2037. This rate was based on historical single-
family growth data. As this total growth is on a Town wide basis, the percentage of this
growth assumed to be developed in the Northern Plan Area was 30 percent. The total
annual projected multi -family residential dwelling units are shown on Exhibit C. The
market value for each multi -family residential dwelling unit was projected to be
$175,000. At the County's current mill levy of 16.804 mills and an assessed value rate
of 7.96% each home would yield the County $234 annually in property tax revenues.
Exhibit C shows the annual and cumulative values of the County's property tax relative
to the projected number of multi -family homes.
Exhibit D shows the calculations for the anticipated private sector employment/office
and private sector commercial/office land uses in the Northern Plan Area. Historic data
on the ratio of Firestone population to square feet of employment/office and
commercial/office lands uses was calculated. There are 53 square feet of
employment/office and 68 square feet of commercial/office per resident. These values
were multiplied by the population projections from new residential development in the
Northern Plan Area to create an annual absorption rate for both employment/office and
commercial/office land uses in the Northern Plan Area.
Exhibit E identifies revenue projections for the development of employment/office and
commercial/office land uses in the Northern Plan Area. Using a building value of $100
per square foot for employment/office land uses, the County's current mill levy of 16.804
mills and an assessed value rate of 29%, each square foot of employment/office
development would yield the County $0.49 per square foot annually. Using a building
value of $130 per square foot for commercial/office land uses, the County's current mill
levy of 16.804 mills and an assessed value rate of 29% each square foot of
commercial/office development would yield the County $0.63 per square foot annually.
Exhibit E shows the annual and cumulative County tax revenue for employment and
commercial land uses in the Northern Plan Area.
Exhibit F provides a summary of all the land uses and associated County and total
property tax revenues on an annual and cumulative basis. As with all the exhibits,
3
Exhibit F also assumes an amendment of the current IGA between the County and
FURA using the same revenue allocation rate of 50 percent.
6.0 Property Tax Revenue
Based on assumptions and calculations shown in Exhibits B through F, the incremental
County tax revenue that would be deferred during the 25 -year term of the Plan would be
a net $575,000. The "net" amount assumes the 50 percent revenue allocation rate as
noted in the IGA. After the 25 -year term, the County would receive approximately
$70,000 annually from the Northern Plan Area.
7.0 Use of Revenue
All revenues received by FURA from the Northern Plan will be utilized to mitigate blight
in the Northern Plan Area.
8.0 Sales Tax Revenue
Weld County does not have a sales tax and thus no sales tax revenue would be
allocated to the FURA under the Northern Plan.
9.0 County Services / Infrastructure
Because the entire Northern Plan is located within the Town of Firestone's municipal
boundaries, there is anticipated to be a minimal impact on County services.
Infrastructure impacts associated with the proposed development program are assumed
to be financed by the Town of Firestone with increment revenues or some combination
of increment dollars, grants, general fund dollars, special district dollars or other
sources. Impacts to the County's general government services could increase in the
general area due to an increase in non-residential and residential development, but
such impacts should also be relatively insignificant and more than offset by the increase
in value realized by properties contiguous to the Northern Plan Area. Additionally,
impacts to County social services and jail services are addressed by the 50 percent
revenue allocation identified in the IGA.
4
Exhibit B
Single Family Residential Tax Revenue Rates and Values
For the Northern Plan
Year
Total
DUs
Annual
Growth
Rate
Annual
FS
DUs
Percent
DUs in
FURA
Annual
FURA
DUs
County
Tax
Per DU
Annual
County
Tax
Annual
County Tax
At 50%
2013
2014
3,300
2.5%
83
30.0%
25
334
8,267
4,133
2015
3,422
2.5%
86
30.0%
26
334
8,572
4,286
2016
3,549
2.5%
89
30.0%
27
334
8,890
4,445
2017
3,680
2.5%
92
30.0%
28
334
9,218
4,609
2018
3,816
2.5%
95
30.0%
29
334
9,560
4,780
2019
3,957
2.5%
99
30.0%
30
334
9,913
4,957
2020
4,104
2.5%
103
30.0%
31
334
10,280
5,140
2021
4,256
2.5%
106
30.0%
32
334
10,660
5,330
2022
4,413
2.5%
110
30.0%
33
334
11,055
5,527
2023
4,576
2.5%
114
30.0%
34
334
11,464
5,732
2024
4,746
2.5%
119
30.0%
36
334
11,888
5,944
2025
4,921
2.5%
123
30.0%
37
334
12,328
6,164
2026
5,103
2.5%
128
30.0%
38
334
12,784
6,392
2027
5,292
2.5%
132
30.0%
40
334
13,257
6,629
2028
5,488
2.5%
137
30.0%
41
334
13,748
6,874
2029
5,691
2.5%
142
30.0%
43
334
14,256
7,128
2030
5,902
2.5%
148
30.0%
44
334
14,784
7,392
2031
6,120
2.5%
153
30.0%
46
334
15,331
7,665
2032
6,346
2.5%
159
30.0%
48
334
15,898
7,949
2033
6,581
2.5%
165
30.0%
49
334
16,486
8,243
2034
6,825
2.5%
171
30.0%
51
334
17,096
8,548
2035
7,077
2.5%
177
30.0%
53
334
17,729
8,864
2036
7,339
2.5%
183
30.0%
55
334
18,385
9,192
2037
7,611
2.5%
190
30.0%
57
334
19,065
9,532
Total
Notes
1 FS stands for Firestone.
2 DU stands for dwelling unit.
3 NP stands for the Northern Plan.
4 Projections are estimates only.
5 Tax revenue is shown in dollars.
931
310,912
155,456
Exhibit C
Multi -Family Residential Tax Revenue Rates and Values
For the Northern Plan
Year
Total
DUs
Annual
Growth
Rate
Annual
FS
DUs
Percent
DUs in
FURA
Annual
FURA
DUs
County
Tax
Per DU
Annual
County
Tax
Annual
County Tax
At 50%
2013
2014
3,773
2.5%
94
30.0%
28
234
6,622
3,311
2015
3,913
2.5%
98
30.0%
29
234
6,867
3,433
2016
4,057
2.5%
101
30.0%
30
234
7,121
3,560
2017
4,207
2.5%
105
30.0%
32
234
7,384
3,692
2018
4,363
2.5%
109
30.0%
33
234
7,657
3,829
2019
4,525
2.5%
113
30.0%
34
234
7,941
3,970
2020
4,692
2.5%
117
30.0%
35
234
8,234
4,117
2021
4,866
2.5%
122
30.0%
36
234
8,539
4,270
2022
5,046
2.5%
126
30.0%
38
234
8,855
4,428
2023
5,232
2.5%
131
30.0%
39
234
9,183
4,591
2024
5,426
2.5%
136
30.0%
41
234
9,523
4,761
2025
5,627
2.5%
141
30.0%
42
234
9,875
4,937
2026
5,835
2.5%
146
30.0%
44
234
10,240
5,120
2027
6,051
2.5%
151
30.0%
45
234
10,619
5,310
2028
6,275
2.5%
157
30.0%
47
234
11,012
5,506
2029
6,507
2.5%
163
30.0%
49
234
11,419
5,710
2030
6,748
2.5%
169
30.0%
51
234
11,842
5,921
2031
6,997
2.5%
175
30.0%
52
234
12,280
6,140
2032
7,256
2.5%
181
30.0%
54
234
12,734
6,367
2033
7,525
2.5%
188
30.0%
56
234
13,206
6,603
2034
7,803
2.5%
195
30.0%
59
234
13,694
6,847
2035
8,092
2.5%
202
30.0%
61
234
14,201
7,100
2036
8,391
2.5%
210
30.0%
63
234
14,726
7,363
2037
8,702
2.5%
218
30.0%
65
234
15,271
7,636
Total
Notes
1 FS stands for Firestone.
2 DU stands for dwelling unit.
3 NP stands for the Northern Plan.
4 Projections are estimates only.
5 Tax revenue is shown in dollars.
3,453
1,064
249,046
124,523
Exhibit D
Employment and Commercial Growth
Year
Annual
FURA
SF DUs
Pop.
Per
SF DU
SF
Annual
Pop.
Annual
FURA
MF DUs
Pop.
Per
MF DU
MF
Annual
Pop.
Comb.
Annual
Pop.
Emp.
SF Per
Pop.
Annual
Emp.
Absop.
Corn.
SF Per
Pop.
Annual
Corn.
Absop.
2013
2014
28
2.75
77
7
1.8
13
90
88
7,885
79
7,078
2015
29
2.75
80
8
1.8
14
94
88
8,285
79
7,438
2016
30
2.75
83
8
1.8
14
97
88
8,527
79
7,655
2017
31
2.75
85
8
1.8
14
100
88
8,769
79
7,872
2018
32
2.75
88
62
1.8
112
200
88
17,565
79
15,768
2019
34
2.75
94
64
1.8
115
209
88
18,366
79
16,487
2020
35
2.75
96
67
1.8
121
217
88
19,083
79
17,131
2021
36
2.75
99
69
1.8
124
223
88
19,642
79
17,633
2022
37
2.75
102
72
1.8
130
231
88
20,359
79
18,277
2023
39
2.75
107
74
1.8
133
240
88
21,160
79
18,996
2024
40
2.75
110
77
1.8
139
249
88
21,877
79
19,639
2025
42
2.75
116
80
1.8
144
260
88
22,836
79
20,501
2026
43
2.75
118
83
1.8
149
268
88
23,553
79
21,144
2027
45
2.75
124
86
1.8
155
279
88
24,512
79
22,005
2028
47
2.75
129
89
1.8
160
289
88
25,472
79
22,867
2029
48
2.75
132
93
1.8
167
299
88
26,347
79
23,653
2030
50
2.75
138
96
1.8
173
310
88
27,306
79
24,514
2031
52
2.75
143
100
1.8
180
323
88
28,424
79
25,517
2032
54
2.75
149
103
1.8
185
334
88
29,383
79
26,378
2033
56
2.75
154
107
1.8
193
347
88
30,501
79
27,381
2034
58
2.75
160
111
1.8
200
359
88
31,618
79
28,385
2035
60
2.75
165
115
1.8
207
372
88
32,736
79
29,388
2036
62
2.75
171
119
1.8
214
385
88
33,854
79
30,391
2037
65
2.75
179
124
1.8
223
402
88
35,372
79
31,754
Total
Notes
1 FS stands for Firestone.
2 DU stands for dwelling unit.
3 NP stands for the Northern Plan.
4 Projections are estimates only.
5 Tax revenue is shown in dollars.
543,431
487,853
Exhibit E
Employment and Commercial Tax Revenue Rates and Values
For the Northern Plan
Year
Annual
Emp.
Sq. Ft.
County
Emp. Tax
Per Sq. Ft.
Annual
County
Emp.Tax
Annual
Corn.
Sq. Ft.
County
Tax Per
Sq. Ft.
Annual
County
Com. Tax
Annual
Combined
Cty Tax
Annual
County Tax
At 50%
2013
2014
15,814
0.49
7,749
14,196
0.63
8,943
16,692
8,346
2015
16,372
0.49
8,022
14,698
0.63
9,260
17,282
8,641
2016
16,931
0.49
8,296
15,200
0.63
9,576
17,872
8,936
2017
17,490
0.49
8,570
15,701
0.63
9,892
18,462
9,231
2018
18,049
0.49
8,844
16,203
0.63
10,208
19,052
9,526
2019
18,608
0.49
9,118
16,705
0.63
10,524
19,642
9,821
2020
19,325
0.49
9,469
17,348
0.63
10,929
20,398
10,199
2021
19,884
0.49
9,743
17,850
0.63
11,246
20,989
10,494
2022
20,601
0.49
10,094
18,494
0.63
11,651
21,746
10,873
2023
21,402
0.49
10,487
19,213
0.63
12,104
22,591
11,296
2024
22,119
0.49
10,838
19,857
0.63
12,510
23,348
11,674
2025
23,078
0.49
11,308
20,718
0.63
13,052
24,360
12,180
2026
23,795
0.49
11,660
21,362
0.63
13,458
25,117
12,559
2027
24,754
0.49
12,129
22,223
0.63
14,000
26,130
13,065
2028
25,714
0.49
12,600
23,084
0.63
14,543
27,142
13,571
2029
26,589
0.49
13,029
23,870
0.63
15,038
28,067
14,033
2030
27,548
0.49
13,499
24,731
0.63
15,580
29,079
14,540
2031
28,666
0.49
14,046
25,734
0.63
16,213
30,259
15,129
2032
29,625
0.49
14,516
25,734
0.63
16,213
30,729
15,364
2033
30,743
0.49
15,064
25,734
0.63
16,213
31,277
15,638
2034
31,860
0.49
15,611
25,734
0.63
16,213
31,824
15,912
2035
32,987
0.49
16,164
25,734
0.63
16,213
32,376
16,188
2036
34,338
0.49
16,826
25,734
0.63
16,213
33,038
16,519
2037
35,614
0.49
17,451
25,734
0.63
16,213
33,663
16,832
Total
Notes
1 FS stands for Firestone.
2 DU stands for dwelling unit.
3 NP stands for the Northern Plan.
4 Projections are estimates only.
5 Tax revenue is shown in dollars.
601,136
300,568
Exhibit F
Summary of Tax Revenue Rates and Values
For the Northern Plan
Year
Annual
County
SF Tax
Annual
County
MF Tax
Annual
County
Emp. Tax
Annual
County
Corn. Tax
Total
Annual
Cty. Tax
Annual
County Tax
At 50%
2013
2014
8,267
4,633
7,749
8,943
29,592
14,796
2015
8,572
4,805
8,841
9,260
31,478
15,739
2016
8,890
4,982
9,143
9,576
32,591
16,295
2017
9,218
5,167
9,445
9,892
33,721
16,861
2018
9,560
5,358
9,746
10,208
34,872
17,436
2019
9,913
5,556
10,048
10,524
36,042
18,021
2020
10,280
5,762
10,436
10,929
37,407
18,703
2021
10,660
5,975
10,737
11,246
38,618
19,309
2022
11,055
6,196
11,125
11,651
40,027
20,013
2023
11,464
6,425
11,557
12,104
41,550
20,775
2024
11,888
6,663
11,944
12,510
43,005
21,502
2025
12,328
6,910
12,462
13,052
44,752
22,376
2026
12,784
7,165
12,849
13,458
46,256
23,128
2027
13,257
7,430
13,367
14,000
48,055
24,027
2028
13,748
7,705
13,885
14,543
49,881
24,940
2029
14,256
7,990
14,358
15,038
51,643
25,821
2030
14,784
8,286
14,876
15,580
53,526
26,763
2031
15,331
8,593
15,480
16,213
55,615
27,808
2032
15,898
8,910
15,998
16,213
57,018
28,509
2033
16,486
9,240
16,601
16,213
58,540
29,270
2034
17,096
9,582
17,204
16,213
60,095
30,048
2035
17,729
9,937
17,813
16,213
61,691
30,845
2036
18,385
10,304
18,543
16,213
63,444
31,722
2037
19,065
10,685
19,232
16,213
65,194
32,597
Total
Notes
1 FS stands for Firestone.
2 DU stands for dwelling unit.
3 NP stands for the Northern Plan.
4 Projections are estimates only.
5 Tax revenue is shown in dollars.
1,114,612
557,306
Hello