The Urban Renewal Authority is in place to identify and revitalize areas of the city deemed blighted and provide a funding mechanism to encourage redevelopment. The main funding tool is Tax Increment Financing (TIF) generated through property taxes. The plan areas capture TIF for a period of 25 years. Qualified projects can receive a portion of property tax generated to be allocated back into the project for the community’s benefit. Public and private investment in the areas further promotes development and redevelopment in a plan area, such as North College or Midtown.
The City of Fort Collins will open its newest recreation center – the Foothills Activity Center – on Monday, March 28 as part of the public investment made in the redeveloped Foothills mall.
The $5.8 million center, which is just inside the mall across from the new parking garage on the mall’s southeast side, replaces the Youth Activity Center formerly located on Monroe Avenue. Child development, youth and adult sports, fitness and dance programs will be offered in the facility.
Recreation staff will offer the community a chance to explore the new facility without fees through Sunday, April 17. Tours of the new center and some special fitness classes and programs will be offered from 1-3 p.m. Saturday, April 2.
Redevelopment staff have begun to communicate with eligible taxing entities about the City’s plans to expand the Urban Renewal Authority Board of Directors. The Board will be expanded to include a representative of the school districts, Larimer County and special districts. An additional representative will be invited from the pool of remaining taxing entities. The City held an informational session for those taxing entities in February. For more information, contact Patrick Rowe, the City's Redevelopment Coordinator, at 970.416.2231.
Storefront Improvement Program (North College)
Midtown Plan Area approved
Prospect South TIF district created
The Summit on College
Northeast College Corridor Outfall Project approved
Revised Policies and Procedures
Kaufman and Robinson (amended)
Rocky Mountain Innosphere
Union Place (2012 update:project dissolved)
Kaufman and Robinson
Foothills Mall Plan Area dissolved
North College Marketplace
Foothills Mall Plan Area created
Valley Steel and Wire Company
North College Plan Area created
Urban Renewal Authority created