DEPARTMENT: Planning and Community Development
DEPARTMENT HEAD: Bridgett White
COUNCIL DISTRICTS IMPACTED: Citywide
SUBJECT:
Briefing on the development of the Neighborhood Improvements Bond Program, including a presentation on the Draft Urban Renewal Plan to meet the statutory requirements as part of the proposed 2017 Neighborhood Improvements Bond Proposition.
SUMMARY:
This item includes a briefing on the development of the Neighborhood Improvements Bond Program, including a presentation on the Draft Urban Renewal Plan to meet the statutory requirements as part of the proposed 2017 Neighborhood Improvements Bond Proposition.
BACKGROUND INFORMATION:
The Neighborhood Improvements Bond proposition would provide for City investment resulting in private and nonprofit-sector development of housing. The proposed $20 million ballot initiative is one component of the $850 million Bond package that will go forward for public vote on May 6, 2017. Voter approval of the Neighborhood Improvements Bond proposition will allow the City to conduct the following activities using Bond funds:
* Land acquisition
* Demolition of dilapidated/unusable structures
* Right-of-way improvements
* Extension/expansion of utilities
* Remediation of hazards such as asbestos or lead-based paint
Chapter 374 of the Texas Local Government Code requires the identification of specific geographic areas based on state requirements where Bond funds can be spent. Per the statute, the areas identified are incorporated into an Urban Renewal Plan that must be approved by City Council prior to the Bond Election. The following 13 Neighborhood Improvement Areas (or "Areas") were approved by City Council on December 15, 2016, thereby initiating the development of the required Urban Renewal Plan:
Area Name
District
Culebra at Callaghan |1010|East Southcross |1010|Edgewood |1010|Lincoln Park-Arena |1010|Near East |1010|Near West-Five Points|1010|Oak Hollow |1010|Pearsall |1010|Roosevelt...
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