Mission Statement

AURA's Mission Statement

To redevelop properties within the urban renewal boundaries.

To afford maximum opportunity, consistent with the sound needs of the municipality as a whole, for the rehabilitation or redevelopment of the urban renewal area by private enterprise.

To maximize return to the City of Arvada through sales and property tax collections, by optimizing the fiscal assets and the real estate assets, both AURA-owned and privately owned, and by the orderly and total payment of all liabilities during the remaining life of the Arvada Urban Renewal Authority.

To safeguard and prudently expend funds in its control.

To further stabilize and provide for additional commercial, office, retail and residential development opportunities to serve the needs of the City of Arvada and the regional area.