DURA Assistance

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DURA Assistance Application and DURA Background

The Dillon Urban Renewal Authority (“DURA”) is the Urban Renewal Authority within the
Town of Dillon, Colorado, which has been duly formed under the Urban Renewal Act of
Colorado (the “Act”). DURA’s mission includes carrying out the Dillon Urban Renewal
Plan (the “Plan”) adopted in July, 2009, amended in February, 2012, and December, 2025.

The purpose of the Plan is to reduce, eliminate and prevent the spread of blight within
the Dillon Urban Renewal Area (the “URA”) and to stimulate growth and investment
within the URA boundaries. The boundaries of the URA are coterminous with the
corporate boundaries of the Town of Dillon.

It is DURA’s intent to provide assistance to stimulate private investment in cooperation
with property owners and other affected parties in order to accomplish the objectives of
the Plan. Public-private partnerships and other forms of cooperative development will be
critical to DURA’s strategy for stimulating growth and reinvestment and preventing the
spread of blight and eliminating the blighting conditions.

DURA will consider assistance on projects that address the blighting conditions present
in the URA, and that provide economic growth for the community. To be considered for
assistance, projects must address several of the objectives outlined in the Plan, and the
priorities of the following plans and reports, as applicable:
1. Town of Dillon Parks and Recreation Master Plan 2007
2. Dillon Town Center Vision and Direction 2007
3. Dillon Town Center Revitalization Strategy 2007
4. Dillon Marina Master Planning Report 2008
5. Dillon Economic Revitalization Advisory Committee Report 2008

Projects will be evaluated on several factors including, but not limited to:
1. The ability to stimulate growth and reinvestment in the URA
2. The elimination or prevention of blight in the URA
3. The magnitude of positive effect caused by the project
4. The need for public assistance to complete the project
5. The economic benefits to the community from the project
6. The effect of the project on surrounding property
7. The increase in property value created from the project
8. The conformance of the project to the Comprehensive Plan and plans and
reports listed above

Assistance is generally provided to projects for public infrastructure improvements
needed to facilitate the revitalization of property within the URA. Typical public
infrastructure investments may include but are not limited to unifying streetscape
elements, improving traffic and pedestrian access and circulation, improving streets and
parks, providing for parking, and completing utilities.

Parties interested in assistance from DURA must complete an Application for
Assistance (Attachment A)
. DURA may ask the applicant for additional information after
an initial review, as each project is unique. This application is not an offer to contract
and the submission of an application confers no rights, duties or entitlements to any
party. The provision of assistance is at the sole discretion of DURA, and DURA
reserves the right to reject or approve requests for assistance on a case-by-case basis.
Meeting DURA objectives or policies does not assure any award of assistance, and
decisions concerning one project do not set any precedent with respect to any other
project. Assistance is provided only through an Agreement between and signed by
DURA and the applicant.

All development in the URA must conform to the Town’s Comprehensive Plan, zoning
code, building codes, applicable design standards and any site-specific zoning for the
subject properties, all as in effect and as may be amended from time to time.
Parties interested in obtaining assistance from DURA must complete the Application for
Assistance
.

Questions regarding the application or
process may be directed to:
Ned West
Town Planner
275 Lake Dillon Dr.
PO Box 8
Dillon, CO 80435
nwest@townofdillon.com

Thank you for your interest in assistance from the Dillon Urban Renewal Authority.