Spring Street Urban Renewal Plan

Transcription

1 Spring Street Urban Renewal Plan Adopted by the City of Klamath Falls Date Ordinance No. If Amendments are made to the Plan, the Resolution or Ordinance Number and date will be listed here. The amendment will be incorporated into the Plan and noted through a footnote.

2 LIST OF PARTICIPANTS Mayor City Council Planning Commission: City Manager Management Assistant to the City Manager Public Works Director Carol Westfall Phil Studenberg Kendall Bell Matt Dodson Dan Tofell Bill Adams Sheryl Franklin Tyler Tucker Randy Cox Kevin Brown Stan Gilbert Nicolas Phair Marc Henderson Nathan Cherpeski Joe Wall Mark Willrett Consultant Team Elaine Howard and Scott Vanden Bos of Elaine Howard Consulting, LLC Nick Popenuk, Ali Danko, Rob Wyman Tiberius Solutions, LLC

3 TABLE OF CONTENTS I. DEFINITIONS 1 II. INTRODUCTION 3 III. GOALS AND OBJECTIVES 5 IV. URBAN RENEWAL PROJECT CATEGORIES 7 V. URBAN RENEWAL PROJECTS 7 VI. PROPERTY ACQUISITION AND DISPOSITION 9 VII. RELOCATION METHODS 10 VIII. TAX INCREMENT FINANCING OF PLAN 10 IX. AMENDMENTS TO PLAN 12 X. RELATIONSHIP TO LOCAL OBJECTIVES 14 XI. APPENDIX A: LEGAL DESCRIPTION 18

4 I. DEFINITIONS Agency means the Klamath Falls Urban Renewal Agency. This Agency is responsible for administration of the urban renewal plan. In Klamath Falls, the Agency is the Klamath Falls Urban Renewal Agency, which is comprised of the City Council. Area means the properties and rights-of-way located with the Spring Street urban renewal boundary. Blight is defined in ORS (1)(A-E) and identified in the ordinance adopting the urban renewal plan. Board of Commissioners means the Klamath County Board of Commissioners. City means the City of Klamath Falls, Oregon. City Council or Council means the Klamath Falls City Council. Comprehensive Plan means the City of Klamath Falls comprehensive land use plan and its implementing ordinances, policies, and standards. County means Klamath County, Oregon. Fiscal year means the year commencing on July 1 and closing on June 30. Frozen base means the total assessed value including all real, personal, manufactured, and utility values within an urban renewal area at the time of adoption. The county assessor certifies the assessed value after the adoption of an urban renewal plan. Increment means that part of the assessed value of a taxing district attributable to any increase in the assessed value of the property located in an urban renewal area, or portion thereof, over the assessed value specified in the certified statement. Maximum indebtedness means the amount of the principal of indebtedness included in a plan pursuant to ORS and does not include indebtedness incurred to refund or refinance existing indebtedness. ORS means the Oregon revised statutes and specifically Chapter 457, which relates to urban renewal. Planning Commission means the Klamath Falls Planning Commission. Revenue sharing means sharing tax increment proceeds as defined in ORS Tax increment financing (TIF) means the funds that are associated with the division of taxes accomplished through the adoption of an urban renewal plan. Tax increment revenues means the funds allocated by the assessor to an urban renewal area due to increases in assessed value over the frozen base within the area. Urban renewal area means a blighted area included in an urban renewal plan or an area included in an urban renewal plan under ORS Urban renewal plan or Plan means a plan, as it exists or is changed or modified from time to time, for one or more urban renewal areas, as provided in ORS , , , , , , and Spring Street Urban Renewal Plan 1

5 Urban renewal project or Project means any work or undertaking carried out under ORS in an urban renewal area. Urban renewal report or Report means the official report that accompanies the urban renewal plan pursuant to ORS (3). Spring Street Urban Renewal Plan 2

6 II. INTRODUCTION The City of Klamath Falls, Oregon (City) conducted a feasibility study for an urban renewal area (Area) dated March 17, Three different urban renewal scenarios were presented to the City Council. The three scenarios are described below: 1. An average 2% annual growth of assessed value that is slightly more than the assessed value growth in Klamath Falls in the past 6 years (1.9%). 2. A 3.2% gain in assessed value plus assumptions on development of Phase I of the Main and Esplanade site. The value above the frozen base and new development assumptions are termed excess value. This is the term defined by the Department of Revenue and used by assessors to capture any additional value in an urban renewal area above the frozen base. 3. A 3.2% gain in assessed value plus assumptions on development of Phase I of the Main and Esplanade site and projected an additional $5 million of assessed value growth in the Area over the 30 year time period. At the time, it was acknowledged that the Klamath County Assessor was going to do some reassessments in the Area, and that it would be best to wait until those reassessments were done to adopt an urban renewal plan. In 2017 the City decided to pursue the formation of the Spring Street Urban Renewal Area. A. Plan Overview The Area includes the industrial and commercial area at the east end of the downtown and adjacent to and west of the rail road from Esplanade Avenue to the north down to South 6th Street to the south. The Area is largely industrial and general commercial in nature with buildings and properties that are underutilized and/or in disrepair. The transportation network is in need of improvement and there are minimal storm water facilities in the Area. The road bed is irregular with many pot holes, there are limited sidewalks, and no bike paths. There are also non-conforming uses, most specifically residential uses in an industrial area. The Area will qualify as blighted as defined in ORS The Plan Area, shown in Figure 1, consists of approximately 169 total acres: acres of land in tax lots and acres of public rights-of-way. It is anticipated that the Plan will take 30 years of tax increment collections to implement. The maximum amount of indebtedness (amount of TIF for projects and programs) that may be issued for the Plan is $16,800,000 (sixteen million eight hundred thousand dollars.) Detailed goals and objectives developed by the community for this Plan are intended to guide TIF investment in the Area over the life of the Plan. The project category descriptions and list of projects are similarly intended to aid future decision makers when considering how best to expend funds generated by TIF. The Plan is to be administered by the city s Urban Renewal Agency, which is comprised of the City Council. Substantial amendments to the Plan must be approved by City Council as outlined in Section IX. All amendments to the Plan are to be listed numerically in this section of the Plan and then incorporated into the Plan document and noted by footnote with an amendment number and adoption date. Spring Street Urban Renewal Plan 3

7 B. Urban Renewal Overview Urban renewal allows for the use of TIF, a financing source that is unique to urban renewal, to fund its projects. Tax increment revenues the amount of property taxes generated by the increase in total assessed values in the urban renewal area from the time the urban renewal area is first established are used to repay borrowed funds. The borrowed funds are used to pay for urban renewal projects and cannot exceed the maximum indebtedness amount set by the urban renewal plan. In general, urban renewal projects can include construction or improvement of streets, utilities, and other public facilities; assistance for rehabilitation or redevelopment of property; acquisition and re-sale of property (site assembly) from willing sellers; and improvements to public spaces. The purpose of urban renewal is to improve specific areas of a city that are poorly developed or underdeveloped, called blighted areas in ORS 457. These areas can have old or deteriorated buildings, public spaces that need improvements, streets and utilities in poor condition, a complete lack of streets and utilities altogether, or other obstacles to development. The Spring Street Area meets the definition of blight due to its infrastructure deficiencies and number of vacant and underdeveloped lots. These blighted conditions are specifically cited in the ordinance adopting the Plan and described in detail in the accompanying Urban Renewal Report (Report). The Report accompanying the Plan contains the information required by ORS , including: A description of the physical, social, and economic conditions in the area; Expected impact of the Plan, including fiscal impact in light of increased services; Reasons for selection of the Plan Area; The relationship between each project to be undertaken and the existing conditions; The estimated total cost of each project and the source of funds to pay such costs; The estimated completion date of each project; The estimated amount of funds required in the Area and the anticipated year in which the debt will be retired; A financial analysis of the Plan; A fiscal impact statement that estimates the impact of tax increment financing upon all entities levying taxes upon property in the urban renewal area; and A relocation report. Spring Street Urban Renewal Plan 4

8 III. GOALS AND OBJECTIVES The goals of the Plan represent its basic intents and purposes. Accompanying each goal are objectives, which generally describe how the Agency intends to achieve each goal. The urban renewal projects identified in Sections IV and V of the Plan are the specific means of meeting the objectives. The goals relate to adopted plans, as detailed in Section X. The goals and objectives will be pursued as economically as is feasible and at the discretion of the Agency. The goals and objectives are not listed in any order of importance or priority. Goal 1 Economy Facilitate continued growth of existing businesses, attract new businesses, and support the development of mixed use properties in the Area. Objectives: 1. Assess business development needs within the Area. 2. Provide development and redevelopment assistance in the Area. 3. Establish public-private partnerships for redevelopment in the Area. 4. Provide acquisition, site assemblage, site preparation, and potential demolition for development in the Area. Goal 2 Transportation Implement transportation improvements that will increase access to the Area. Objectives: 1. Improve roadway conditions in the Area. 2. Provide pedestrian connectivity from the Amtrak Train Station to the downtown core. 3. Improve parking in the Area. 4. Improve the streetscape of the Area. 5. Improve the entryway to the Area. Goal 3 Infrastructure/Public Utilities Assist in providing adequate infrastructure and utilities to the Area. Objectives: 1. Assess the infrastructure needs of the Area. 2. Provide infrastructure necessary to encourage industrial and mixed use development. Spring Street Urban Renewal Plan 5

9 Figure 1 Spring Street Urban Renewal Plan Area Boundary Source: Tiberius Solutions, LLC *The right of way on the outer boundary of the Area goes to the centerline of the right of way, as more fully described in the legal description and shown on the legal description map of the Area attached to this Plan. Spring Street Urban Renewal Plan 6

10 IV. URBAN RENEWAL PROJECT CATEGORIES As an outcome of the goals described in the previous section, the projects within the Area fall into the following categories: Main and Esplanade Mixed-use Development and Public-Private Partnership Public Parking lot Development Façade and Building Improvement Program Project Development Assistance General Infrastructure Improvements Land Assemblage and Blighted Property Removal Streetscape and Entryway Improvements Acquisition and Disposition of Real Property V. URBAN RENEWAL PROJECTS Urban renewal projects authorized by the Plan are described below. 1. Main and Esplanade Mixed-use Development and Public-Private Partnership Utilize a public-private partnership, if possible, to develop a dynamic mixed-use project (housing, retail, office) appropriate for the northern downtown Klamath Falls gateway and confluence of Main Street and Esplanade Avenue. Public project contributions may include but are not limited to the payment of system development charges and permit fees, construction of adjacent public improvements, a land write-down, and direct cash infusion. Should the desired public-private partnership not result in project development, alternate site uses will be considered and actively sought out. 2. Public Parking lot Development There is demand for easy parking in the northern downtown area which requires the provision of additional surface parking. Expansion of the Downtown Parking District to cover the northern downtown area will be considered and projects will be implemented as required. 3. Façade and Building Improvement Program The Façade Improvement Program will focus on rehabilitating unsightly building exteriors and may be set up as a low or nointerest loan program or may include grant elements. The program s purpose is to encourage leveraged private investment to improve publicly visible building façade and storefronts and improve the overall aesthetics of the Area. Any Agency grant match ratios will be determined but not exceed 50%. The Building Improvement Program project will focus on facilitating building reuse and occupancy and may be set up as a low or no-interest loan program or may include grant elements. Reusing or changing uses in a building often triggers building code requirements, seismic updates, and environmental remediation issues whose costs may derail projects before they start. The program s purpose is to encourage leveraged private investment to complete improvements that result in higher and better use of and increased building occupancy levels within the URA. Any Agency grant match ratios will be determined but not exceed 50%. Spring Street Urban Renewal Plan 7

11 4. Project Development Assistance Provide funding assistance through the use of publicprivate partnerships for new development or substantial renovation projects of superior quality that provide a public benefit and have a financing gap without public contribution. 5. General Infrastructure Improvements Existing Area street, sewer, water, and storm water conditions largely do not meet current standards and require upgrades prior to further development in the area. Projects may include the reconstruction of roadways, the upsizing and modernization of water and waste water lines, and the construction of new storm drainage systems. Infrastructure enhancements would be paid for through a mixture of urban renewal funding and allocated project-specific dollars within future Capital Improvement Plans. 6. Land Assemblage and Blighted Property Removal The Agency may assist in land assemblage to allow for private development of City and/or privately-owned property. There are several blighted buildings within the Area that are underutilized or unable to be occupied and that cast a sense of area disinvestment but present real estate opportunity. The removal and restructuring of some key development areas could remove blighted properties and their associated stigma and attract new investment in the area. 7. Streetscape and Entryway Improvements Projects may include the removal and reconstruction or new construction of curbs, gutters, sidewalks, street lighting, street trees, irrigation systems, plazas, signage, benches, planting areas, special crosswalk treatments, and other associated elements. Specifically, streetscape improvements may include the Oak Avenue corridor which connects the Klamath Falls Amtrak Station to downtown and Main Street and bisects the URA. At current, foot-bound rail passengers need walk through an inhospitable pathway to and from downtown and without adequate signage or directional wayfinding. 8. Acquisition and Disposition of Real Property The Plan authorizes the acquisition and disposition of property as described in Section VI of the Plan. Spring Street Urban Renewal Plan 8

12 VI. PROPERTY ACQUISITION AND DISPOSITION The Plan authorizes the acquisition and disposition of property as described in this section. Property includes any and all interests in property, including fee simple ownership, lease, easements, licenses, or other rights to use. If property is acquired it will be identified in the Plan through a Minor Amendment, as described in Section IX. Identification of property to be acquired and its anticipated disposition is required by ORS (g). A. Property acquisition for public improvements The Agency may acquire any property within the Area for the public improvement projects undertaken pursuant to the Plan by all legal means, including use of eminent domain. Good faith negotiations for such acquisitions must occur prior to institution of eminent domain procedures. B. Property acquisition from willing sellers The Plan authorizes Agency acquisition of any interest in property within the Area that the Agency finds is necessary for private redevelopment, but only in those cases where the property owner wishes to convey such interest to the Agency. The Plan does not authorize the Agency to use the power of eminent domain to acquire property from a private party to transfer property to another private party for private redevelopment. Property acquisition from willing sellers may be required to support development of projects within the Area. C. Land disposition The Agency will dispose of property acquired for a public improvement project by conveyance to the appropriate public agency responsible for the construction and/or maintenance of the public improvement. The Agency may retain such property during the construction of the public improvement. The Agency may dispose of property acquired under Subsection B of this Section VI by conveying any interest in property acquired. Property shall be conveyed at its fair reuse value. Fair reuse value is the value, whether expressed in terms of rental or capital price, at which the urban renewal agency, in its discretion, determines such land should be made available in order that it may be developed, redeveloped, cleared, conserved, or rehabilitated for the purposes specified in the Plan. Because fair reuse value reflects limitations on the use of the property to those purposes specified in the Plan, the value may be lower than the property s fair market value. Where land is sold or leased, the purchaser or lessee must agree to use the land for the purposes designated in the Plan and to begin and complete the building of its improvements within a period of time that the Agency determines is reasonable. Spring Street Urban Renewal Plan 9

13 VII. RELOCATION METHODS When the Agency acquires occupied property under the Plan, residential or commercial occupants of such property shall be offered relocation assistance, as required under applicable state law. Prior to such acquisition, the Agency shall adopt rules and regulations, as necessary, for the administration of relocation assistance. No specific acquisitions that would result in relocation benefits have been identified; however, there are plans to acquire land for infrastructure which may trigger relocation benefits in the future in the Area. VIII. TAX INCREMENT FINANCING OF PLAN Tax increment financing consists of using annual tax increment revenues to make payments on debt, usually in the form of bank loans or revenue bonds. The proceeds of the bonds are used to finance the urban renewal projects authorized in the Plan. Bonds may be either long-term or short-term. Tax increment revenues equal most of the annual property taxes imposed on the cumulative increase in assessed value within an urban renewal area over the total assessed value at the time an urban renewal plan is adopted. (Under current law, the property taxes for general obligation (GO) bonds and local option levies approved after October 6, 2001 are not part of the tax increment revenues.) A. General description of the proposed financing methods The Plan will be financed using a combination of revenue sources. These include: Tax increment revenues; Advances, loans, grants, and any other form of financial assistance from federal, state, or local governments, or other public bodies; Loans, grants, dedications, or other contributions from private developers and property owners, including, but not limited to, assessment districts; and Any other public or private source. Revenues obtained by the Agency will be used to pay or repay the costs, expenses, advancements, and indebtedness incurred in (1) planning or undertaking project activities, or (2) otherwise exercising any of the powers granted by ORS Chapter 457 in connection with the implementation of this Plan. B. Tax increment financing and maximum indebtedness The Plan may be financed, in whole or in part, by tax increment revenues allocated to the Agency, as provided in ORS Chapter 457. The ad valorem taxes, if any, levied by a taxing district in which all or a portion of the Area is located, shall be divided as provided in Section 1c, Article IX of the Oregon Constitution, and ORS Amounts collected pursuant to ORS shall be deposited into the unsegregated tax collections account and distributed to the Agency based upon the distribution schedule established under ORS Spring Street Urban Renewal Plan 10

14 The maximum amount of indebtedness that may be issued or incurred under the Plan, based upon good faith estimates of the scope and costs of projects in the Plan and the schedule for their completion is $16,800,000 (sixteen million eight hundred thousand dollars). This amount is the principal of such indebtedness and does not include interest or indebtedness incurred to refund or refinance existing indebtedness or interest earned on bond proceeds. It does include initial bond financing fees and interest earned on tax increment proceeds, separate from interest on bond proceeds. Spring Street Urban Renewal Plan 11

15 IX. AMENDMENTS TO PLAN The Plan may be amended as described in this section. A. Substantial Amendments Substantial Amendments, in accordance with ORS (2)(i), shall require the same notice, hearing, and approval procedure required of the original Plan, under ORS , including public involvement, consultation with taxing districts, presentation to the Agency, the Planning Commission, and adoption by the City Council by non-emergency ordinance after a hearing. Notice of such hearing shall be provided to individuals or households within the City of Klamath Falls, as required by ORS Notice of adoption of a Substantial Amendment shall be provided in accordance with ORS and Substantial Amendments are amendments that: 1 1. Add land to the urban renewal area, except for an addition of land that totals not more than 1% of the existing area of the urban renewal area; or 2. Increase the maximum amount of indebtedness that can be issued or incurred under the Plan. B. Minor Amendments Minor Amendments are amendments that are not Substantial Amendments as defined in ORS 457. Minor Amendments require approval by the Agency by resolution. C. Amendments to the Klamath Falls Comprehensive Plan and/or Klamath Falls Community Development Ordinance. Amendments to the Klamath Falls Comprehensive Plan and/or Klamath Falls Community Development Ordinance that affect the Plan and/or the Area shall be incorporated automatically within the Plan without any separate action required by the Agency or City Council. 1 Unless otherwise permitted by state law, no land equal to more than 20 percent of the total land area of the original Plan shall be added to the urban renewal area by amendments, and the aggregate amount of all amendments increasing the maximum indebtedness may not exceed 20 percent of the Plan s initial maximum indebtedness, as adjusted, as provided by law. Spring Street Urban Renewal Plan 12

16 Figure 2 Comprehensive Plan Designations Source: Tiberius Solutions, LLC *The right of way on the outer boundary of the Area goes to the centerline of the right of way, as more fully described in the legal description and shown on the legal description map of the Area attached to this Plan. Spring Street Urban Renewal Plan 13

17 X. RELATIONSHIP TO LOCAL OBJECTIVES ORS requires that the Plan conform to local objectives. This section provides that analysis. Relevant local planning and development objectives are contained within the Klamath Falls Comprehensive Plan, Klamath Falls Community Development Ordinance. The following section describes the purpose and intent of these plans, the main applicable goals and policies within each plan, and an explanation of how the Plan relates to the applicable goals and policies. The numbering of the goals and policies within this section reflects the numbering that occurs in the original document. Italicized text is text that has been taken directly from an original document. Comprehensive Plan designations for all land in the Area are shown in Figure 2. All proposed land uses conform to Figure 2. Maximum densities and building requirements for all land in the Area are contained in the Community Development Ordinance. A. Klamath Falls Comprehensive Plan Energy Goal: To conserve energy and promote the utilization of alternative energy sources. Policies: 87. Urban sprawl will be curtailed and in-filling of vacant land promoted to reduce energy costs. 88. Energy-efficient residential densities will be promoted relative to work-sites and transportation planning. The Spring Street Urban Renewal Plan conforms with the Klamath Falls Comprehensive Plan because it encourages in-fill and the redevelopment of centrally located land. The Spring Street Urban Renewal Plan contains redevelopment assistance for a proposed residential project in close proximity to other land uses. Housing Goal: To provide for the housing needs of the citizens of Klamath Falls. Policies 100. The development of smaller, isolated vacant lands already available within the City limits will be encouraged. The Spring Street Urban Renewal Plan conforms with the Klamath Falls Comprehensive Plan because it has redevelopment assistance as a project which could be used to support mixed-use development including housing development. Spring Street Urban Renewal Plan 14

18 Transportation Goals: To develop and maintain a safe, convenient, and economic transportation system. To provide a timely, orderly, and efficient arrangement of transportation facilities and services. To provide as much choice as possible in transportation modes and costs. Policies: Parking 151. Adequate off-street parking will be provided wherever possible to avoid street congestion and hazards. Alternative Modes: 156. Any reduction in air, train, or bus schedules will be resisted, and appropriate increases in service will be supported whenever possible. The Spring Street Urban Renewal Plan conforms with the Klamath Falls Comprehensive Plan because it has a project for parking alternatives and it has a project for improving the access to and from the Amtrak Station to facilitate better use of the Amtrak service. The Plan also has a project that allows for infrastructure improvements in the Area, including transportation improvements. Water Service Goal: To provide a timely, orderly, and efficient arrangement of water facilities and services. Policies 172. Adequate water service, either existing or immediately attainable, will be a precondition to any development project Water lines in proposed developments will be adequately sized to meet future needs at the projected usage or density, including fire flow requirements The high standard of water service within the community will be maintained. The Spring Street Urban Renewal Plan conforms with the Klamath Falls Comprehensive Plan because it has projects in place to improve water service in the Area. Sewer Service Goal: To provide a timely, orderly, and efficient arrangement of sewer facilities and services. The Spring Street Urban Renewal Plan conforms with the Klamath Falls Comprehensive Plan because it has projects in place to improve waste water (sewer) service in the Area. Storm Drainage Goal: To provide a timely, orderly, and efficient arrangement of storm drainage facilities. Goal To protect life and property from drainage-related hazards and damages. Spring Street Urban Renewal Plan 15

19 196. Adequate drainage facilities, either existing or immediately attainable, will be a precondition to any development project. The Spring Street Urban Renewal Plan conforms with the Klamath Falls Comprehensive Plan because it has projects in place to improve the storm drainage of the Area. Safety and Health Goal: To provide a timely, orderly, and efficient arrangement of public safety and health facilities and services. Policies: 215. Adequate water pressure for required fire flow will be maintained through the water system. The Spring Street Urban Renewal Plan conforms with the Klamath Falls Comprehensive Plan because it has projects in place to improve water service in the Area and address capacity needs to meet fire flow requirements. Land Use Goal: To control urban sprawl and to encourage the extension of public facilities and services into otherwise developable lands within the City. Polices: 223. Standards for urbanization will encourage flexibility and innovation in development, permitting mixtures of land uses and intensities which contribute to the quality of the community The appropriate reuse of land which is underdeveloped or where structures are deteriorating will be encouraged Within the urban area, land use policies will attempt to provide a broad range of residential needs by mixing unit types and encouraging innovative development techniques. The Spring Street Urban Renewal Plan conforms with the Klamath Falls Comprehensive Plan because it contains redevelopment assistance for a proposed mixed-use project which would bring new housing unit types to the Area. The Spring Street Urban Renewal Plan contains project categories to encourage the development of underdeveloped land and the redevelopment of deteriorated buildings. Urbanization Goal: To provide an orderly, timely, and efficient transition from rural to urban land uses. Spring Street Urban Renewal Plan 16

20 Policies: 244. In-filling of developable lands will be encouraged to minimize sprawl and take advantage of existing facilities and services. The Spring Street Urban Renewal Plan conforms with the Klamath Falls Comprehensive Plan because it encourages the redevelopment of centrally located land with existing utility services. B. City of Klamath Falls Economic Opportunities Analysis City of Klamath Falls and Klamath County Goals and Policies for the Klamath Falls Urban Area (Part of the Klamath Falls Comprehensive Plan) Goal 2: To retain and support the expansion of existing businesses in Klamath Falls. Policies: The City of Klamath Falls and Klamath County recognizes that the expansion and/or redevelopment of existing employment sites is often more challenging than the development of vacant sites and shall consider ways to encourage the expansion and/or redevelopment of existing employment sites. The Spring Street Urban Renewal Plan conforms with the Klamath Falls Comprehensive Plan because it contains a project category to fund a building improvement program to encourage building occupancy and change of use. Goal 5: The livability of a community is an important factor in the location choice of businesses. The City of Klamath Falls and Klamath County shall continue to strive, maintain, and enhance the livability of the community. Polices: The City of Klamath Falls and Klamath County recognizes that community amenities and quality of life considerations factor highly into the site location choice of business seeking to start new or relocate. The Spring Street Urban Renewal Plan conforms with the Klamath Falls Comprehensive Plan because it contains a project category to complete Area entryway improvements and to install presently non-existent streetscape amenities such as street trees, plazas, and benches. C. Klamath Falls Community Development Ordinance The land uses in the Area will conform to the zoning designations in the Klamath Falls Community Development Ordinance, including maximum densities and building requirements, and are incorporated by reference herein. The following zoning districts are defined in the Comprehensive Plan for the General Commercial, Light Industrial and Public Facility designations and the Community Development Ordinance for the Industrial designation. Spring Street Urban Renewal Plan 17

21 GC General Commercial General commercial enterprises intended to serve residents throughout the community. I Industrial: Any use of land, structure or natural resources involving the manufacturing, warehousing, transportation, processing, assembly or disassembly of semifinished or finished products from raw materials or the reverse thereof, or similar treatment of packaging of previously prepared materials. LI Light Industrial: Light Industrial enterprises, limited in scale, and conducted principally inside buildings. PF Public facility Public or quasi-public facilities generally used by government, non-profit organizations, or large numbers of persons. D. South Central Oregon Comprehensive Economic Development Strategy Goals Community Development: Create economic opportunities by maintaining and improving our public infrastructure and capitalizing on our cultural assets. a) Capacity building: Work to increase funding available in our region for economic development activities. b) Create adequate public infrastructure that will serve key industrial, commercial and residential areas of the region contributing to increased opportunities for employment and expanded property tax base. c) Coordinate transportation investment to support the region s economic development. Business Attraction: Attract new private sector investment to the region. a) Develop targeted recruitment strategies and assistance to businesses wanting to locate to the region. The Spring Street Urban Renewal Plan conforms to the South Central Oregon Comprehensive Economic Development Strategy because it has both projects aimed at improving the Area s infrastructure and transportation system as well as programs aimed at assisting new and existing businesses with improvements and new development. XI. APPENDIX A: LEGAL DESCRIPTION A tract of land and portions of road rights-of-way, located in the Southwest One-Quarter of Section 28, the Southeast One-Quarter of Section 29, the Northeast One-Quarter of Section 32, and the Northwest One-Quarter and the Southwest One-Quarter of Section 33, Township 38 South, Range 9 East, Willamette Meridian, City of Klamath Falls, Klamath County, Oregon, and being more particularly described as follows: Spring Street Urban Renewal Plan 18

22 Beginning at the centerline-to-centerline intersection of Walnut Avenue and 5th Street, which bears South West feet from the most westerly corner of Block 84 of the Plat of Klamath Addition to Linkville (Assessor s Map AD); 1. Thence along the centerline of 5th Street, Southeasterly 579 feet, more or less, to the centerline of Plum Avenue (Assessor s Map AD); 2. Thence along said centerline, Southwesterly 322 feet, more or less, to the centerline of 4th Street (Assessor s Map AD); 3. Thence along said centerline, Southeasterly 286 feet, more or less, to the centerline of Willow Avenue (Assessor s Map AD); 4. Thence along said centerline, Northeasterly 320 feet, more or less, to the centerline of 5th Street (Assessor s Map AD); 5. Thence along said centerline, Easterly 909 feet, more or less, to the centerline of 6th Street (Assessor s Map CB); 6. Thence along said centerline and the southeasterly extension thereof, Southeasterly 1,582 feet, more or less, to the centerline of Southern Pacific Railroad (Assessor s Map CB); 7. Thence along said centerline, Northerly 4,939 feet, more or less, to the easterly extension of the northerly line of Lot 17, Block 61 of the Plat of 2nd Hot Springs Addition (Assessor s Map CC); 8. Thence along said easterly extension, and along said northerly line and the westerly extension thereof, Westerly 204 feet, more or less, to the centerline of Spring Street (Assessor s Map CC); 9. Thence along said centerline, Southerly 124 feet, more or less, to easterly extension of the northerly line of Document Number (Assessor s Map CC); 10. Thence along said easterly extension and the northerly line thereof, Westerly 127 feet, more or less, to the southerly right-of-way line of the foot wide Alley of Block 5 of said plat (Assessor s Map CC); 11. Thence along said southerly right-of-way line, Southwesterly 405 feet, more or less, to the northeasterly right-of-way line of Wall Street (Assessor s Map DD); 12. Thence leaving said northeasterly right-of-way line, Southwesterly 80 feet, more or less, to the intersection of the southwesterly right-of-way line of Wall Street and the southerly line of United States Bureau of Reclamation (USBR) A Canal (Assessor s Map DD); 13. Thence along said southerly line, Westerly 739 feet, more or less, to the centerline of High Street (Assessor s Map DD); 14. Thence along said centerline, Southwesterly 218 feet, more or less, to the centerline of 11th Street (Assessor s Map DD); 15. Thence along said centerline, Southeasterly 1,198 feet, more or less, to the centerline of Walnut Avenue (Assessor s Map AA); 16. Thence along said centerline, Southwesterly 1,594 feet, more or less, to the Point of Beginning (Assessor s Map AD); The above described tract of land contains 169 acres, more or less. Spring Street Urban Renewal Plan 19