The Lowell School area is one of nine Urban Renewal projects overseen by the board.
Mayor Steve Bach
has chosen three local business people with ties to the development community to serve on the Colorado Springs Urban Renewal Authority
The URA will be crucial in coming months and years, because it's been designated as the financing authority for the $250-million City for Champions
tourism venture. That means all the state sales tax rebate money approved for C4C will be funneled through the authority, as well as local tax money from sales tax increment financing. TIF is a method of funding whereby the amount of taxes generated due to development above a base amount is directed toward the development.
URA also will be asking City Council
to enlarge the boundaries of the southwest downtown urban renewal area to accommodate the City for Champions' Olympic museum and a downtown stadium and events center.
Bach has sole discretion in appointing members to URA
, with Council confirmation. His choices:
, a business owner with experience in leasing, marketing and development. She's co-owner of Hunter Group USA LLC, Unique Software Solutions, Inc., and VisuElle, Anti-Aging Clinic, and also worked as a consultant. She's currently president of the Country Club of Colorado Women's Golf and vice president of Lake Plaza Building Owners Association.
, an urban planner with a bachelor's degree in economic geography and master's in urban geography/regional and city planning. He worked for the city in the 1970s. He started his own planning firm, NES, Inc., and "semi-retired," he says in his application letter, in 2009. He has ties to the Downtown Partnership and had a hand in developing Briargate, one of the city's largest subdivisions, as well as Flying Horse, Mountain Shadows and Kissing Camels. "I am very aware of the City for Champions proposal and understand its potential," he writes in his application letter.
, a 1998 Colorado College grad and co-chair of the local organizing committee for the USA Prochallenge. A commercial real estate agent, he owns Colorado Springs Commercial. "I am looking at this board as a critical component to shaping the future growth of this city," he writes in his application letter.
The three replace Susan Wood-Ellis
, whose term is expiring, and Rosemarie Venezia
and David Isbell
, who resigned from the board, according to board chair David Neville