Loading...
URA Resolution 2013-02 - Expanding the Downtown Grant and Loan ProgramURBAN RENEWAL RESOLUTION NO. 2013-02 A RESOLUTION EXPANDING THE BOUNDARIES FOR THE DOWNTOWN GRANT AND LOAN PROGRAM AS SPECIFIED HEREIN WHEREAS, the City adopted the Downtown Development Plan in 1997, which envisioned a series of improvements and actions intended to reinvigorate Woodburn's historic downtown; and WHEREAS, in 2001 the City created the Woodburn Urban Renewal Agency and adopted the Urban Renewal Plan, which further recognizes the importance of physically improving the appearance of properties within the renewal area; and WHEREAS, in 2010, the Downtown Development Plan Update recognized the need to reinvigorate downtown Woodburn and recommended leveraging urban renewal funds with private funds to create investment through a Downtown Grant and Loan Program; and WHEREAS, in 2011 the Woodburn Urban Renewal Agency adopted a Urban Renewal Grant and Loan Program for a designated area in downtown Woodburn; and WHEREAS, in 2012 the City Council adopted the Highway 99E Corridor Plan, which envisioned expanding the store front improvement program (Grant and Loan); and WHEREAS, the Urban Renewal Agency Board wants to expand the Grant and Loan Program to properties along Young Street and at the Young/Highway 99E as specified herein; NOW, THEREFORE, THE WOODBURN URBAN RENEWAL AGENCY RESOLVES AS FOLLOWS: Section 1. The Downtown Grant and Loan Program established by Urban Renewal Resolution 2011-01 is expanded to include properties along Young Street and at the Young/Highway 99E intersection as specified herein. Section 2. The Grant and Loan Program established by Urban Renewal Resolution 2011 -01 shall be made available to all properties within the boundary depicted in the attached Exhibit A. Section 3. The Advisory Review Subcommittee, the Grant and Loan Program Procedures and Requirements and the administration of the Page 1 - RESOLUTION NO. 2013 -2 program by the Mid -Willamette Valley Council of Governments shall continue until modified by three Urban Renewal Agency Board. Approved as to Form " l/ /� t 2 J City Attorney Date Passed by the Agency Submitted to the Chair Approved by the Chair ATTEST, V- � -� 9t Heather Pierson, City Recorder City of Woodburn, Oregon Page 2 - RESOLUTION NO. 2013 -2