- Meeting Agenda
- Watch the meeting streaming live starting at 5:30PM
- Attend the meeting @ City Hall Council Chambers - 911 10th Street - (map)
- Provide in-person comment during the meeting, at 3:30PM.
- Send email comments to gura@cityofgolden.net.
The meeting will be recorded and available to watch at your convenience on the Agendas and Meetings page on the City of Golden website.
Junction Plan Area
The developers will request that 100% of the tax increment be refunded to them, to help cover the $59 million in public improvements needed to make the development feasible. It will require a roundabout on Highway 93 and a grade-separated pedestrian crossing over (or under) Highway 93. See pp. 2-3 and 11-122 of the meeting packet.
17455 West 16th Ave (Nazarene Church) Plan Area
This developer also requested 100% ($2.2 million) of the tax increment to build affordable housing, and the board has already agreed. See p. 4 of the meeting packet.
Junction URA Formation
Staff has been working with the affected taxing entities to meet the developers' request for 100% of the tax increment. The affected entities include Jefferson County, Jeffco School District, Jeffco Public Library, Mile High Flood District, and the City of Golden. The City is assessing the cost of providing fire protection for the new development. See pp 4 and 5 of the meeting packet.
2027 Budget
- The state has reduced assessed property valuations, so GURA will have less revenue in 2027.
- The city is increasing their charges to administer GURA's business, from $60K to $80K/year.
- Staff suggests that GURA also contribute 2% of its TIF revenue to help cover blight mitigation across the city "including: power resilience efforts, professional and legal costs to create new URAs, etc." This would not include the Nazarene area, since GURA has already given 100% of the TIF revenue to the developers.
- GURA is contributing to the cost of the Lena Gulch flood control project.
- 20% of the revenue from each budget is reserved for contingency.
See pp. 123-127 of the meeting packet.
Staff Report
- Staff has applied for a grant to study power grid resiliency.
- The City may ask GURA to help fund a trail along the Lena Gulch project.
See p. 6 of the meeting packet.
Location:
City Hall Council Chambers
911 10th Street (Map)
