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8358 - AMENDING Title 9, “Land Use Code,” B.R.C. 1981, to create an Opportunity Zone overlay prohibiting demolition of attached dwelling units in federal Census Tract 122.03 for the period the tract is a qualified Opportunity Zone and repealing Ordinance 1 ORDINANCE 8358 AMENDING TITLE 9, "LAND USE CODE,"B.R.C. 1981, TO CREATE AN OPPORTUNITY ZONE OVERLAY PROHIBITING DEMOLITION 4 OF ATTACHED DWELLING UNITS IN FEDERAL CENSUS TRACT 122.03 FOR THE PERIOD THE TRACT IS A QUALIFIED 5 OPPORTUNITY ZONE AND REPEALING ORDINANCE 8308, AS AMENDED BY ORDINANCES 8312 AND 8314; AND SETTING 6 FORTH RELATED DETAILS. 7 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BOULDER, 8 9 COLORADO: 10 Section 1. Section 9-3-1, "Purpose of Overlays and How to Use the Overlays," B.R.C. 1 1 1981, to amended to read as follows: 9-3-1. -Purpose of Overlays and How to Use the Overlays. 12 (a)... 13 (3)Airport Influence Zone,and 14 (4) Medium Density Overlay Zone, and 15 (5) Opportunity Zone Overlay. 16 Section 2. A new Section 9-3-12, "Opportunity Zone Overlay," B.R.C. 1981, is added to 17 read as follows: 18 9-3-12. - Opportunity Zone Overlay. 19 (a) Legislative Intent: The purpose of this section is to enact an overlay zone for Census 20 Tract 122.03, described in Appendix 0, "Census Tract 122.03," and associated standards in order to protect the public health, safety and welfare: 21 (1) Federal Census Tract 122.03 was certified by the federal government as an 22 opportunity zone; (2) Investors in the opportunity zone, through opportunity zone funds, will receive 23 favorable tax relief as an incentive to invest in business and real estate within Census 24 Tract 122.03; (3) It is anticipated that opportunity zone funds may lead to accelerated investment in 25 Census Tract 122.03; K:\PLCU\o-8358 2nd Rdg-.docx 1 (4) The Boulder Valley Comprehensive Plan provides that the city will work with neighborhoods to protect and enhance neighborhood character and livability and 2 preserve the relative affordability of existing housing stock; (5) The Boulder Valley Comprehensive Plan describes that the city will make special 3 efforts to preserve and rehabilitate existing housing servicing low-, moderate-, and middle-income households; and 4 (6) It is the intent of this section to prevent accelerated demolition of the existing 5 relatively affordable multi-family housing stock in Census Tract 122.03 to protect existing neighborhood character in this area and preserve the existing housing stock 6 and its relative affordability. 7 (b) Applicability of this Section: The standards of this section shall apply during that period 8 of time that Census Track 122.03 is a qualified opportunity zone, as that term is defined in 26 U.S.C. § 1400Z-1, or any successor legislation. 9 (c) No Demolition: Except as expressly allowed under subsection (e), no person shall carry 10 out or permit demolition of a building or part thereof that results in removal of any attached dwelling unit in Census Tract 122.03. 11 12 (d) No Demolition Applications: The city manager shall not accept any demolition or development application that proposes the demolition of a building or a part thereof and 13 results in removal of any attached dwelling unit in Census Tract 122.03 unless the application proposes work allowed under subsection (e). 14 (e) Unsafe Buildings: As an exception to the standards of this section, a building or part 15 thereof may be demolished if the city manager has declared the building or relevant part thereof to be unsafe or dangerous to the general public, occupants, or property or 16 otherwise unfit for human occupancy, and such that it is unreasonable to repair the structure or relevant part thereof. In making such determination, the city manager will 17 consider the deficiencies of the structure or part thereof, including without limitation, 18 damage, decay, faulty construction, potential for collapse, disrepair or the presence of health and safety concerns such as unsanitary conditions, infestation of rats or vermin,the 19 presence of filth and contamination, or other conditions that constitute a hazard to occupants or the public. 20 (f) Maintenance: The city council intends to preserve from deliberate or inadvertent neglect 21 attached dwelling units in Census Tract 122.03. No owner, lessee or occupant of an attached dwelling unit shall fail to comply with the ordinances of the city regulating 22 property maintenance, including without limitation Chapter 10-2, "Property Maintenance 23 Code," B.R.C. 1981. Section 3. The council adopts Attachment A titled "Appendix 0: CENSUS TRACT 24 25 122.03," as an amendment to Title 9, "Land Use Code,"B.R.C. 1981. K:\PLCU\o-8358 2nd Rdg-.docx 1 Section 4. This Ordinance repeals Ordinance 8308, and its amendments in Ordinances 2 8312 and 8314. ' Section 5. For the limited purposes of adopting this Ordinance, City Council suspends 4 the provisions of Subsection 9-1-5(a), "Amendments and Effect of Pending Amendments," 5 B.R.C. 1981. 6 Section 6. This Ordinance is necessary to protect the public health, safety, and welfare of 7 the residents of the city, and covers matters of local concern. 8 Section 7. The City Council deems it appropriate that this Ordinance be published by 9 title only and orders that copies of this Ordinance be made available in the office of the city clerk 10 for public inspection and acquisition. 11 1 INTRODUCED, READ ON FIRST READING, AND ORDERED PUBLISHED BY 13 TITLE ONLY this 15th day of October 2019. —� 14 Suzanne Jones, OF 15 Mayor Attest: 16 17 Lyn e Beck, City Clerk 18 19 READ ON SECOND READING, PASSED AND ADOPTED, this 29th day of October 20 2019. . : e •nes,;r Mayor 23 Attest: I 24 �' �� Lyne Beck, 25 City Clerk K:\PLCU\o-8358 2nd Rdg-.docx Attachment A to Ordinance 8358 Appendix 0 - Census Tract 122.03 i 1 I IA' F '' I / s1 r- �' I i %/ %`/ // t i ,i j iDiagona�Hy .,�._'..__.,'_- ' .;,I ••••, �.4I j•1 •ii+�'�:�iio • ♦ �ii ♦ • Iris Av0. 4••$4• �4":01:10 •••• ♦ t. itoo;�;••�O♦1 r — _. 41 sr" , 1 r i �i�♦�40 •44:tiiSiev.stos.244.14r1.4** .4: • �'��' .'� tiS • 003♦• ;.♦. • ; • s• ••� •##4' i# • Valmont Rd 4 *SO 4,. ii. %Sit*:0 X/ % • 8 .:•••• 8.S 4* A , i sitg:0444:404,404.1.440 4:1104:+44. #‘.• 4•444 41**4.041 st .43; i ___„— MA's 1044#44444o. 4•40V 44### # 41#44440•4• •4!*44 #i •••%•#• 41* 4. **VIP . 40 *- 44.....,.-.0. -,...-.- v ,, At,o,.- , •44,-s.. : •e \8:040aiso r ♦ ' St • • •�•• Pe;,• • • ♦ _ IIJUIN*41P Can on Bit. 4, • ♦• ••••• Canyon ,to♦• •••►,94�►►. #• i•••i i Oy►i4►.b♦ ` O • � !#%it►r•#0�• Vs. � ♦ ♦♦ � �a1•00 ♦ ii4 ♦ O•iy: jS it A •�5 •• • :it�,► ► S. e Avg . SA Legend Census Tract 122.03 Colorado Av ----------- l_--j City Limits