ORDINANCE NO. 211073
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Authorizing the City Manager to execute a Cooperative Agreement with the Health Sciences Community Improvement District with respect to certain housing improvements, infrastructure improvements, and economic development planning and the redevelopment of underutilized real property located within the Health Sciences Community Improvement District.
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WHEREAS, the City Council desires to cooperate with the Health Sciences Community Improvement District ("Health Sciences CID") and partner on funding for infrastructure improvements, including pedestrian accessibility, pathways, signage, lighting, landscaping, and other improvements (the "Infrastructure Improvements"), and to invest in housing related assistance that directly improves the health of people living in zip codes with the highest social vulnerability index scores (the "Housing Improvements") (and together with the Infrastructure Improvements, collectively, the "District Improvements" or "Project"); and
WHEREAS, it is anticipated that the District Improvements will encourage new commercial and residential development, rehabilitation of existing housing stock, rehabilitation of existing commercial structures, and construction or rehabilitation of public infrastructure; and
WHEREAS, the City desires to collaborate with the Health Sciences CID and encourage the development of health, educational and other commercial projects in the Health Sciences Community Improvement District; and
WHEREAS, the City and the Health Sciences CID desire to collaborate on an economic development plan for the District and environs ("Plan Area"); and
WHEREAS, the Health Sciences CID boundaries include real property within and near the District which is underutilized for surface parking, vacant space and temporary uses; and
WHEREAS, the City and the Health Sciences CID desire to partner on the accelerated development of health...
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