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HomeMy WebLinkAboutResolution - 2002-R0473 - Resolution Supporting Urban Renewal Agency's Program - 10/24/2002Resolution No. 2002-RO473 October 24, 2002 Item No. 51 RESOLUTION WHEREAS, the Urban Renewal Land Rush Program is proposing that lots owned by the Urban Renewal Agency be marketed through the Policy & Procedure for Setting up the 2002-2003 Urban Renewal Land Rush Program to accomplish growth in the Northeast side of Lubbock; and WHEREAS, the City of Lubbock is dedicated to the development of Northeast Lubbock and to provide its citizens with affordable single-family residential lots; and WHEREAS, the City of Lubbock supports the program as identified in the Urban Renewal Land Rush Program, to accomplish growth, infill development in neighborhoods and properties with improvements back on the tax roles, for the fiscal year 2002-2003 Urban Renewal Land Rush Program; and WHEREAS, the City of Lubbock would show its support by: 1) Adopting the Urban Renewal Agency Policy & Procedures for Setting up the 2002-2003 Urban Renewal Land Rush Program; and 2) Adopting the Urban Renewal Agency 2002-2003 Urban Renewal Land Rush Program Time Limit Policy for Purchasing Eligible Single -Family Lots. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the City of Lubbock does hereby support and authorize the City of Lubbock Urban Renewal Agency to adopt the Policy and Procedures for Setting up the 2002-2003 Urban Renewal Land Rush Program and the 2002-2003 Urban Renewal Land Rush Program Time Limit Policy to promote and enhance the City of Lubbock. Passed by the City Council this 24th ATTEST: Rebecca Garza, City Secretary APPROVED AS TO CONTENT: Manager (1) APPROVED AS TO FORM: I'A' A* ity Attorney tl,JUrban blution & cedocs September 30, 2002 (2)