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File #: 211073    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 12/2/2021 In control: Council
On agenda: 1/6/2022 Final action: 2/10/2022
Title: 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.
Sponsors: Quinton Lucas, Katheryn Shields, Eric Bunch, Melissa Robinson, Brandon Ellington
Attachments: 1. No Fact Sheet, 2. CID Cooperative Agreement Presentation 211073 12.8.pdf, 3. CID Cooperative Agreement Presentation 12.15.pdf, 4. coop agr, 5. Authenticated Ordinance 211073
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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