Downtown District Second Amendment Agency ResolutionMERIDIAN DEVELOPMENT CORPORATION
THE URBAN RENEWAL AGENCY OF THE CITY OF MERIDIAN
RESOLUTION NO.21-023
BY THE BOARD OF COMMISSIONERS OF THE URBAN RENEWAL AGENCY
OF MERIDIAN, IDAHO, AIKIA THE MERIDIAN DEVELOPMENT CORPORATION_
A RESOLUTION OF THE BOARD OF COMMISSIONERS
OF THE URBAN RENEWAL AGENCY OF MERIDIAN,
IDAHO, ALSO KNOWN AS THE MERIDIAN
DEVELOPMENT CORPORATION, RECOMMENDING AND
ADOPTING THE SECOND AMENDMENT TO THE
MERIDIAN REVITALIZATION PLAN, WHICH SECOND
AMENDMENT SEEKS TO DEANNEX CERTAIN AREAS
FROM THE EXISTING MERIDIAN REVITALIZATION
DISTRICT PROJECT AREA, ALSO KNOWN AS THE
DOWNTOWN DISTRICT PROJECT AREA; AUTHORIZING
AND DIRECTING THE CHAIR, VICE -CHAIR, OR AGENCY
ADMINISTRATOR OF THE AGENCY TO TAKE
APPROPRIATE ACTION; PROVIDING FOR THE
RESOLUTION TO BE EFFECTIVE UPON ITS PASSAGE
AND APPROVAL; AND PROVIDING AN EFFECTIVE
DATE
THIS RESOLUTION, made on the date hereinafter set forth by the Urban
Renewal Agency of Meridian, Idaho, also known as the Meridian Development
Corporation, an independent public body, corporate and politic, authorized under the
authority of the Idaho Urban Renewal Law of 1965, Chapter 20, Title 50, Idaho Code, as
amended (the "Law") and the Local Economic Development Act, Chapter 29, Title 50,
Idaho Code, as amended (the "Act"), a duly created and functioning urban renewal
agency for Meridian, Idaho, hereinafter referred to as the "MDC'
WHEREAS, on July 24, 2001, the City Council (the "City Council') of the City of
Meridian, Idaho (the "City"), adopted Resolution No. 01-367 establishing MDC pursuant
to the Law;
WHEREAS, on October 8, 2002, the City Council, after notice duly published,
conducted a public hearing on the Meridian Revitalization Plan Urban Renewal Project,
which is also referred to as the Downtown District (the "Downtown District Plan"),
making certain findings and establishing the Downtown District revenue allocation area
(the "Downtown District Project Area");
RESOLUTION NO. 21-023 - 1
WHEREAS, following said public hearing, the City Council adopted its Ordinance
No. 02-987 on December 3, 2002, approving the Downtown District Plan and making
certain findings;
WHEREAS, the City Council, after notice duly published, conducted a public
hearing on the Ten Mile Road Urban Renewal Plan (the "Ten Mile Plan"). The public
hearing was continued to June 21, 2016, for further testimony;
WHEREAS, following said public hearings, the City Council adopted its
Ordinance No. 16-1695 on June 21, 2016, approving the Ten Mile Plan, making certain
findings and establishing the Ten Mile revenue allocation area (the "Ten Mile Project
Area);
WHEREAS, the City Council, after notice duly published, conducted a public
hearing on the First Amendment to the Meridian Revitalization Plan Urban Renewal
Project (the "First Amendment to the Downtown District Plan");
WHEREAS, following said public hearing, the City Council adopted its Ordinance
No. 20-1881 on June 9, 2020, approving the First Amendment to the Downtown District
Plan deannexing certain parcels and making certain findings (collectively, the
Downtown District Plan, and amendments thereto, are referred to as the "Existing
Downtown District Plan," and the Downtown District Project Area, and amendments
thereto, are referred to as the "Existing Downtown District Project Area");
WHEREAS, the City Council, after notice duly published, conducted a public
hearing on the Union District Urban Renewal Project (the "Union District Plan");
WHEREAS, following said public hearing, the City Council adopted its Ordinance
No. 20-1882 on June 9, 2020, approving the Union District Plan, making certain findings
and establishing the Union District revenue allocation area (the "Union District Project
Area");
WHEREAS, the Existing Downtown District Plan, the Ten Mile Plan, and the
Union District Plan and their project areas are collectively referred to as the "Existing
Project Areas;"
WHEREAS, MDC seeks to further amend the Existing Downtown District Plan
and the Existing Downtown District Project Area to deannex two (2) areas as described
in the Second Amendment defined below, and as set forth in Exhibit 1 attached hereto.
The first area is generally bounded by Meridian Road on the west and E. Fairview
Avenue on the north. The eastern boundary extends south along what would be E. 4th
Street if extended, over to 3rd Street. The southern boundary extends to E. Pine
Avenue between E. 3rd Street and E. 2nd Street, and then travels up E. 2nd Street and
over E. Washington Avenue to connect back to Meridian Road. This area is generally
referred to as the "Northern Gateway Area." The purpose of the de -annexation of the
Northern Gateway Area would be to allow the inclusion of these properties into a
RESOLUTION NO, 21-023 - 2
proposed Northern Gateway Urban Renewal District. The second area is generally
bounded by E. Idaho Avenue on the north, E. 2nd Street on the east, a portion of
Broadway Avenue on the south, and E. Main Street on the west. This area is generally
refer -red to as the 'Idaho Block." The purpose of the de -annexation of the Idaho Block
would be to allow the inclusion of this block into a proposed amendment to the existing
Union District Project Area;
WHEREAS, MDC has reviewed the financial impact of the deannexation of the
Northern Gateway Area and the Idaho Block from the Existing Downtown District
Project Area on its allocation of revenue and has concluded the remaining allocation of
revenue is sufficient to pay its operations and obligations, and to continue to implement
the terms of the Existing Downtown District Plan;
WHEREAS, MDC has prepared the Second Amendment to the Meridian
Revitalization Plan (the "Second Amendment"), as set forth in Exhibit 1 attached hereto,
identifying the area to be deannexed from the Existing Downtown District Project Area;
WHEREAS, the Second Amendment amends the Existing Downtown District
Plan, which contains provisions of revenue allocation financing as allowed by the Act;
WHEREAS, the Second Amendment is expected to be adopted by the City
Council in accordance with the requirements of the Law and the Act, specifically, but not
limited to the requirements set forth in Idaho Code §§ 50-2008 and 50-2906;
WHEREAS, the MDC Board finds it in the best interests of MDC and the public to
recommend approval of the adoption of the Second Amendment, as prepared by MDC,
and as set forth in Exhibit 1 attached hereto, and to forward it to the Mayor and City, for
adoption in accordance with the requirements of the Law and the Act.
NOW, THEREFORE, BE IT RESOLVED BY THE MEMBERS OF THE BOARD
OF COMMISSIONERS OF THE URBAN RENEWAL AGENCY OF MERIDIAN. IDAHO,
AS FOLLOWS:
Section 1. That the above statements are true and correct.
Section 2. That the MDC Board recommends that the Second Amendment,
attached hereto as Exhibit 1, identifying the parcels to be deannexed from the Existing
Downtown District Project Area, be adopted by the City Council including any sections,
modifications, or text discussed at the May 12, 2021, MDC Board meeting.
Section 3. That this Resolution constitutes the necessary action of MDC under
the Law, Section 50-2008, Idaho Code and the Act.
Section 4. The Chair or Vice -Chair of the Board of Commissioners, or the
MDC Administrator are hereby authorized and directed to take all steps necessary and
RESOLUTION NO. 21-023 - 3
convenient in partnership with the City to facilitate the City's adoption of the Second
Amendment.
Section 5. That this Resolution shall be in full force and effect immediately
upon its adoption and approval,
PASSED AND ADOPTED by the Urban Renewal Agency of the City of Meridian,
Idaho, also known as the Meridian Development Corporation, on May 12, 2021. Signed
by the Chairman of the Board of Commissioners and attested by the Secretary to the
Board of Commissioners, on May 12, 2021.
APPROVED:
By
hair of the Board
ATTEST:
By," G•�--ri-1
Secretary
RESOLUTION N0. 21-023 - 4