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Ordinance 20-1882 City Summary NOTICE AND PUBLISHED SUMMARY OF ORDINANCE PURSUANT TO I.C. § 50-901(A) CITY OF MERIDIAN ORDINANCE NO. 20-1882 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF MERIDIAN, APPROVING THE URBAN RENEWAL PLAN FOR THE UNION DISTRICT URBAN RENEWAL PROJECT, WHICH PLAN INCLUDES REVENUE ALLOCATION FINANCING PROVISIONS; AUTHORIZING THE CITY CLERK TO TRANSMIT A COPY OF THIS ORDINANCE AND OTHER REQUIRED INFORMATION TO THE COUNTY, AFFECTED TAXING ENTITIES, AND STATE OFFICIALS; PROVIDING SEVERABILITY; APPROVING THE SUMMARY OF THE ORDINANCE; AND PROVIDING AN EFFECTIVE DATE. SUMMARY OF UNION DISTRICT PLAN The Urban Renewal Plan for the Union District Urban Renewal Project (“Union District Plan”) was prepared by the urban renewal agency of the city of Meridian aka the Meridian Development Corporation (the “Agency”) pursuant to the Idaho Urban Renewal Law of 1965, Chapter 20, Title 50, Idaho Code, as amended (the “Law”), the Local Economic Development Act, Chapter 29, Title 50, Idaho Code, as amended (the “Act”), and all applicable laws and ordinances and was approved by the Agency. The Union District Plan provides for the Agency to undertake urban renewal projects pursuant to the Law and the Act. The Union District Plan contains a revenue allocation financing provision pursuant to the Act that will cause property taxes resulting from any increases in equalized assessed valuation in excess of the equalized assessed valuation as shown on the original base assessment roll as of January 1, 2020, to be allocated to the Agency for the urban renewal purposes. The duration of the Union District Plan is for twenty (20) years and includes a termination process for the Plan. The general scope and objectives of the Plan include include but are not limited to roadway improvements, sidewalks and pedestrian ways, drainage improvements, public and private utilities such as sewer and water, irrigation facility improvements, right-of-way acquisition, remediation of environmental issues, enhancement of open areas and public recreation facilities, and such other elements required for the project and authorized by Idaho Code Section 50-2007 and 50-2903(13). Any such land uses as described in the Plan will be in conformance with zoning for the City of Meridian and the Meridian Comprehensive Plan. The Plan identifies various public and private improvements which may be made within the Project Area, including the engineering, design, installation, and/or construction of a community/recreation facility, and related public improvements; and the engineering, design, installation and/or construction of a public parking structure or structures and/or public surface parking lot and related public improvements. The Urban Renewal Project Area and Revenue Allocation Area herein referred to is described as follows: An area consisting of approximately 16 acres of underdeveloped land and right- of-way near the City’s downtown core and is generally bounded by E. Idaho Avenue to the north, E. Third Street to the east, a portion of the railroad right-of- way to the south and N. Main Street to the west. The area is more particularly described in the Plan and is depicted in the map below. EXHIBITS TO THE ORDINANCE Exhibit 1 Findings of the Planning and Zoning Commission for the City of Meridian, Idaho, Validating Conformity of the Urban Renewal Plan for the Union District Urban Renewal Project with the City of Meridian’s Comprehensive Plan Exhibit 2 Notices Published in the Meridian Press and the Idaho Statesman Exhibit 3 Urban Renewal Plan for the Union District Urban Renewal Project Exhibit 4 Ordinance Summary This Ordinance shall be in full force and effect immediately upon its passage, approval, and publication and shall be retroactive to January 1, 2020, to the extent permitted by the Act. Upon the effective date of this Ordinance, the City Clerk is authorized and directed to transmit to the County Auditor and Ada County Assessor, and to the appropriate officials of Ada County Board of County Commissioners, City of Meridian, Ada County Highway District, Joint School District No 2, Ada County Ambulance/EMS, Meridian Cemetery District, College of Western Idaho, Meridian Library District, Mosquito Abatement District, the Western Ada Recreation District, and the State Tax Commission a copy of this Ordinance, a copy of the legal description of the boundaries of the Revenue Allocation Area, and a map or plat indicating the boundaries of the Project Area. A full text of this ordinance and the Plan are available for inspection at City Hall, City of Meridian, 33 East Broadway Avenue, Meridian, Idaho. __________________________________________ City of Meridian Mayor and City Council By: Chris Johnson, City Clerk First Reading: 5/26/2020; Second Reading: 6/02/2020; Third Reading: 6/09/2020 STATEMENT OF MERIDIAN CITY ATTORNEY AS TO ADEQUACY OF SUMMARY OF ORDINANCE NO. 20-1882 The undersigned, William L.M. Nary, City Attorney of the City of Meridian, Idaho, hereby certifies that he is the legal advisor of the City and has reviewed a copy of the attached Ordinance No. 20-1882 of the City of Meridian, Idaho, and has found the same to be true and complete and provides adequate notice to the public pursuant to Idaho Code § 50-901A (3). DATED this ______ day of May, 2020. William. L.M. Nary, City Attorney