Can an Urban Renewal Area be amended after its formation? If so, what is the process?
Urban renewal plans must provide a description of the possible types of future amendments that are “substantial” and will therefore require the same noticing, hearing, and approval procedure as the original plan. The state statutes offer some guidance as to amendments that are required to be defined as “substantial”: those that increase the size of the URA by more than 1%, and those that increase maximum indebtedness by any amount. It is typical for municipalities to define lesser amendments for Council approval or other administrative approvals with specified approval processes.