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Avon DDA Res 24-04AVON DOWNTOWN DEVELOPMENT AUTHORITY RESOLUTION 24-04 ADOPTION OF SUN ROAD REDEVELOPMENT PLAN WHEREAS, the Avon Downtown Development Authority ("Avon DDA"), through its Board of Directors, have reviewed the Sun Road Redevelopment Plan and provided direction on various details and policies within the Plan document; and, WHEREAS, Section 4.12.010(1) of Avon Municipal Code ("AMC") states, "The DDA Board shall review and adopt a DDA Plan, which shall be subject to concurring Council approval."; and WHEREAS, the Avon DDA Board of Directors shall consider whether adoption of the Sun Road Redevelopment Plan supports or advances the purposes of the DDA Plan, DDA Statutes, or Avon Comprehensive Plan as required by AMC Section 4.12.030; and WHEREAS, the Avon DDA Board of Directors conducted a public hearing on November 4, 2024 prior to taking action to adopt the Sun Road Redevelopment Plan as required by AMC Section 4.12.020; and, WHEREAS, the Avon DDA Board of Directors finds that Sun Road Redevelopment Plan supports and advances the purposes of the DDA Plan, DDA Statutes, and Avon Comprehensive Plan, specifically finding that the Sun Road Redevelopment Plan will advance development of Community Housing in the Avon Downtown Area and will promote investment in development that serves the Avon community and provides for the continued economic health of the Avon Downtown Area, and thereby will promote the health, safety, prosperity, security and general welfare of the Avon community; and NOW, THEREFORE, BE IT RESOLVED, the Avon DDA Board of Directors hereby approves the Sun Road Redevelopment Plan, attached hereto as EXHIBIT A, subject to approval by Council, and authorizes Staff to include such amendments, revisions, and additions as may be recommended by Avon Planning and Zoning Commission and Directed by Council which are not substantive to the Sun Road Redevelopment Plan. ADOPTED NOVEMBER 4, 2024, BY THE AVON DOWNTOWN DEVELOPMENT AUTHORITY Bv: ��i1�Z Attest: Miguel J Resolution 24-04 — Adopting the Sun Road Redevelopment Plan November 4, 2024 Page 1 of 1 • •� Town lei-1S EA L.