I. Background

The Thornton Development Authority (TDA) is an urban renewal authority established in 1981 by the City of Thornton for the purpose of undertaking certain urban renewal activities within the City.
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II. Goals and Objectives

The stated goals of the Urban Renewal Plan as established in 1981 remain equally as important today, with emphasis on stimulating the development of new office, retail, residential, and high-technology industrial activities by providing the necessary infrastructure improvements to accommodate these activities.
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III. Project Area

The urban renewal area is located on approximately 1,000 acres consisting of an enclave of substantially undeveloped and underdeveloped properties adjacent to Thornton's primary commercial area.
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IV. Thornton Development Authority - Redevelopment Process

The Thornton Development Authority (the Authority) operates under the requirements of state statute which generally provide that the prevention or redevelopment of slums, blight or other land use that are injurious to public health are a matter of public policy and should be demolished or rehabilitated.
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V. Financing Available in Project Area

The City, TDA and State of Colorado have cooperated in providing programs to assist in the development of projects within the Project Area.
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