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§ 1-12-24 CORONADO METROPOLITAN REDEVELOPMENT AREA AND PLAN.
   (A)   The City Council makes the following Findings of Fact with respect to the designation of the Coronado MR Area:
      (1)   The Coronado MR Area is shown on the map attached hereto as Exhibit A. The boundary of the Coronado MR Area includes the privately-owned property located at 9201 Pan American Freeway, that is not zoned residentially for single-family use within the area bounded by San Diego Avenue to the north, the southbound frontage road of Interstate 25 (“I-25”) to the east, Modesto Avenue to the south and San Mateo Boulevard to the west, in addition to the public right-of-way along San Mateo boulevard between Modesto Avenue and Alameda Boulevard.
      (2)   The Coronado MR Area had exhibited the following conditions:
         (a)   Poor and Aging Public Infrastructure: The Coronado MR Area is lacking in public infrastructure. The overall condition of the roads is poor due to settling and compaction of the land they were constructed on. Additionally, there are no sidewalks present in the MR Area creating an unsafe environment for pedestrians and motorists. The South La Cueva Channel was built to temporary standards and is maintained with temporary erosion and control measures.
         (b)   Environmental Issues: The MR Area is in the location of a former landfill that was operated by the City of Albuquerque from 1963 to 1965. Much of the trash and debris has been removed and additional remediation and monitoring efforts are needed.
         (c)   Low Levels of Commercial or Industrial Activity: There currently exist large amounts of vacant land and obsolete buildings in the area. These conditions have led to blight within the Coronado MR Area as defined by the MR code: (1) Low levels of commercial activity or redevelopment or any combination of such factors; (2) Deterioration of site or other improvements; (3) Insanitary and unsafe conditions; and (4) Area where a significant number of commercial or mercantile businesses have closed or significantly reduced their operations due to the economic losses or loss of profit due to operating in the area and low levels of commercial or industrial activity or redevelopment.
      (3)   The rehabilitation, conservation, redevelopment or development, or a combination thereof, of and in the Coronado MR Area is necessary in the interests of public health, safety, orals or welfare of the residents of Albuquerque.
   (B)   In accordance with the requirements of Section 3-60A-8 NMSA 1978, the Council hereby designates the area that is described in Section (A)(1) above, and shown in the official Coronado MR Boundary map attached hereto as Exhibit A, to be a “metropolitan redevelopment area” as defined by Section 3-60A-4(M) NMSA 1978 and finds it to be appropriate for a metropolitan redevelopment project or projects. This area shall be referred to as the Coronado MR Area to distinguish it from other metropolitan redevelopment areas.
   (C)   The MRA of the Planning Department is hereby authorized and directed to prepare a Metropolitan Redevelopment Plan, as defined by Section 3-60A-4(M) NMSA 1978, for the Coronado MR Area, which, without limitation, shall:
      (1)   Seek to eliminate the problems created by the blighted conditions of the area;
      (2)   Conform to and coordinate with the Albuquerque/Bernalillo County Comprehensive Plan, any applicable Rank 2 and 3 Plans, and any other applicable plans or policies; and
      (3)   Be sufficient to indicate the proposed activities to be carried out in the area, including, but not limited to, any proposals for land acquisition, redevelopment, improvements, rehabilitation and conservation and the plan’s relationship to definite local objectives respecting land uses, improved traffic patterns and controls, public transportation, public utilities, recreational and community facilities, housing facilities, commercial activities or enterprises, and other public improvements.
(Res. 2016-095, approved 11-21-16)
   (D)   The City Council, after having conducted a public hearing pursuant to the code, finds that:
      (1)   The proposed redevelopment of the Coronado Metropolitan Redevelopment Area will aid in the elimination and prevention of blight or conditions which lead to the development of blight.
      (2)   The Coronado Metropolitan Redevelopment Plan does not require the relocation of any families or individuals from their dwellings; therefore a method for providing relocation assistance is not required.
      (3)   The Coronado Metropolitan Redevelopment Plan complements the Albuquerque/Bernalillo County Comprehensive Plan and affords maximum opportunity consistent with the needs of the community for the rehabilitation and redevelopment of the Coronado Metropolitan Redevelopment Area by public activities and private enterprise; and the objectives of the Plan justify the proposed activities as public purposes and needs.
      (4)   The Coronado Metropolitan Redevelopment Plan, as attached as Exhibit A, and made a part hereof, is approved in all respects.
(Res. 2016-096, approved 11-21-16; Res. 2017-102, approved 11-13-17)