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(a) Notwithstanding any law to the contrary, any urban renewal plan undertaken by the Aurora Urban Renewal Authority, as originally approved or as later modified by the city council, may contain a provision that any or all of the following city taxes collected within said area shall be divided for a period not to exceed 35 years after the effective date of adoption of such a provision, as provided in this section:

(1) City property tax as described in section 31-25-107(9)(A), C.R.S., including, without limitation, property tax levied by or for the benefit of any general improvement district formed by the City;

(2) Sales tax as described in section 31-25-107(9)(A), C.R.S.;

(3) Lodger's tax;

(4) Employer occupational privilege tax;

(5) Employee occupational privilege tax; and

(6) Use tax imposed on construction materials.

(b) For purposes of this section, the terms "sales tax" and "use tax" shall not include the 0.25 percent sales and use tax dedicated to increased staffing of the city police department and operation and maintenance of the city detention facility pursuant to section 130-2.

(c) Each city tax included in the tax increment financing provision of any urban renewal plan pursuant to this section shall be divided as follows:

(1) That portion of the tax collected within the boundaries of the urban renewal area in the 12-month period ending on the last day of the month prior to the effective date of approval of the urban renewal plan shall be paid into the funds of the City as are all other taxes collected by or for the City.

(2) That portion of the tax in excess of such amount shall be allocated to and, when collected, paid into a special fund of the Aurora Urban Renewal Authority to pay the principal of, the interest on, and any premiums due in connection with the bonds of, loans or advances to, or indebtedness incurred by, whether funded, refunded, assumed, or otherwise, said authority for financing or refinancing, in whole or in part, an urban renewal project within the urban renewal area. Any portion of the city tax that is not allocated pursuant to this subparagraph (2) shall be paid into the funds of the City. Unless and until the total city taxes collected in an urban renewal area exceed the base year taxes collected in such urban renewal area, as provided in subparagraph (c)(1), all such taxes shall be paid into the funds of the City. When such bonds, loans, advances, and indebtedness, if any, including interest thereon and any premiums due in connection therewith, have been paid, all such taxes shall be paid into the funds of the City.

(d) The portion of taxes described in subparagraph (c)(2) may be irrevocably pledged by the Aurora Urban Renewal Authority for the payment of the principal of, the interest on, and any premiums due in connection with authority bonds, loans, advances, and indebtedness.

(e) 

(1) Each urban renewal plan undertaken by the Aurora Urban Renewal Authority that authorizes the use of tax increment revenues for the purpose of financing or refinancing an urban renewal project shall require that, as a condition of the use of such revenues, the developer of the project be responsible for the preparation and implementation of a contractor outreach plan. The purpose of the plan shall be to provide notice of subcontracting opportunities to subcontractors that (i) satisfy the criteria established by the city pursuant to section 2-682 with regard to its minority, women, and Aurora Small Business Enterprise Program and (ii) meet the qualifications for bidding on subcontracts for the planning, design, engineering, demolition, and construction of the project as determined by the developer or its general contractor.

(2) At a minimum, the plan shall provide for proactive notice of subcontracting opportunities as selected by the developer or its general contractor. The requirements of this subsection shall be satisfied if the developer or its general contractor provides notice of these opportunities through the Rocky Mountain E-Purchasing System to relevant minority, women, and Aurora Small Business Enterprises registered to receive city construction bid opportunity notices thereunder. The total amount of solicitations selected for outreach under this subsection shall not be less than 50 percent of the estimated value of all subcontracts to be let for the planning, design, engineering, demolition, and construction of the project.

(3) Where, pursuant to the terms of a contractor outreach plan, more than three qualified subcontractors seek to bid on a specific opportunity, the developer or its general contractor shall be required to receive and consider, at a minimum, the bids of the first three qualified subcontractors. the developer or its general contractor shall have the discretion to seek and accept any other bid submitted as it sees fit, including but not limited to any bid that the developer or its general contractor solicits and receives independently of its outreach plan.

(4) It is the intent of the city that all planning, design, engineering, demolition, and construction subcontracts solicited by the developer or its general contractor pursuant to this subsection be awarded solely upon the merits of the proposal submitted. Nothing in this subsection shall be construed to infer or imply that the award of any such subcontract shall be based upon anything other than the merits of the proposal.

(5) No requirements other than those specifically identified herein shall be placed on the developer or its general contractor as a result of the adoption of this subsection. (Ord. No. 2011-18, § 1, 7-11-2011; Ord. No. 2008-42, § 1, 9-8-2008; Ord. No. 2008-39, § 1, 9-8-2008; Ord. No. 2006-51, § 1, 10-9-2006; Ord. No. 2001-35, § 1, 7-9-2001)