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Council declares Thirteenth Avenue Station area blighted, moves toward urban renewal and tax-increment financing
Summary
Aurora City Council voted March 10 to declare the Thirteenth Avenue Station area blighted, enabling the possibility of an urban renewal area and tax-increment financing for infrastructure projects.
Aurora City Council voted March 10 to declare the area around the Thirteenth Avenue and Colfax light-rail stations blighted and appropriate for urban renewal, clearing the way for staff to begin negotiations with other taxing jurisdictions and to consider tax-increment financing for public improvements.
Jennifer Roscoe, project manager in Planning and Business Development, told the council that the city included a property conditions assessment…
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