NOTICE OF ORDINANCE #81

| November 19, 2005 8:00 PM

AN ORDINANCE OF THE CITY OF DOVER, A MUNICIPAL CORPORATION OF THE STATE OF IDAHO, APPROVING THE DOVER URBAN RENEWAL PLAN; CONFIRMING THE DETERIORATED DECLARATION; ADOPTING A REVENUE ALLOCATION AREA; MAKING CERTAIN FINDINGS AND CONCLUSIONS IN SUPPORT THEREOF; PROVIDING AN EFFECTIVE DATE; AND PROVIDING FOR THIS ORDINANCE TO BE EFFECTIVE UPON ITS PASSAGE AND APPROVAL.

WHEREAS the City of Dover did on April 14, 2005, by Resolution No. 38, declare that a specifically described portion of the city limits of the City of Dover was deteriorated and deteriorating, and in need of remediation by an urban renewal agency, and

WHEREAS the City Council of the City of Dover recommended that the Mayor of the City of Dover Urban Renewal Agency, comprised of three commissioners, and

WHEREAS the Dover Urban Renewal Agency has prepared an urban renewal plan pursuant to Title 50, Chapters 20 & 29, Idaho Code, for remediation of the deterioration found to exist, hereinafter referred to as the Dover Urban Renewal Plan, and

WHEREAS the Board of Commissioners of the Dover Urban Renewal Agency has adopted By-Laws establishing its existence and has retained staff to assist it with its duties, and

WHEREAS the Board of Commissioners of the Dover Urban Renewal Agency conducted a public hearings on August 3, 2005 and September 14, 2005, and have adopted Restated Resolution 2005-1, recommending approval of the Dover Urban Renewal Plan by the City Council of the City of Dover, and

WHEREAS the City Council of the City of Dover sitting as the Planning & Zoning Commission of the City of Dover has found that the Dover Urban Renewal Plan conforms with the general plan of the City of Dover.

NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF DOVER AS FOLLOWS:

Section 1: The City Council hereby makes the following findings fact:

a. The area of the proposed plan has been previously declared by the City of Dover to be a deteriorated and deteriorating area, and the Agency finds that the deterioration described by the City Council does in fact exist.

b. The Dover Urban Renewal Plan provides for varying methods to remediate the described deterioration and prevent future deterioration, and contains the necessary elements required by Idaho law, including a tax allocation feasibility study which finds that the estimated tax increment revenue is sufficient to repay the debt to be incurred to provide the improvements described within the Plan.

c. The Dover Urban Renewal Plan indicates the type of improvements and rehabilitation projects that are proposed to be carried out, including land uses, densities, building requirements, methods of financing, and a revenue allocation provision.

d. The Dover Urban Renewal Plan describes a revenue allocation area by metes and bounds description that does not exceed the limitations of I.C. 50-2904. (13).

e. The Dover Urban Renewal Plan conforms to the general plan of the City of Dover, and is in conformance with the Comprehensive Plan.

f. The Dover Urban Renewal Plan does not anticipate the displacement of any families.

g. The Dover Urban Renewal Plan will enhance public recreational facilities and activities within the City, and encourage private sector participation.

h. That unless the afore-mentioned conditions are improved, they will substantially impair the sound growth potential of the City of Dover and will constitute an economic and social liability, and that further development in the area without such improvements will endanger the public health, safety, and welfare.

i. That improvement of the property and the City services in the plan area are necessary and appropriate to facilitate the proper growth and development of the City in accordance with the sound planning standards and local community objectives.

Section 2: The Mayor and City Council of the City of Dover hereby adopts the Dover Urban renewal Plan, and this Ordinance shall be be effective immediately upon its adoption and approval.

ADOPTED AND APPROVED this 10th day of November, 2005

Paul W. (Randy) Curless

Mayor

Ruth Guthrie

Clerk

Legal SNP#7425

November 19, 2005