I presume from the reference to USER_TAB_COLUMNS that this is Oracle. ALTER and CREATE statements are DDL, which we cannot execute directly in PL/SQL. However, there are a couple of ways around this restriction: EXECUTE IMMEDIATE and DBMS_UTILITY.EXEC_DDL(). I will use EXECUTE IMMEDIATE in the following example.
begin
for lrec in ( select table_name from user_tab_columns
where column_name = 'UNIVERSAL_COLUMN_NAME')
loop
execute immediate 'alter table '||lrec.table_name||
' modify UNIVERSAL_COLUMN_NAME varchar2(255)';
end loop;
end;
Note that the usual restrictions apply: the new datatype has to be compatible with the existing datatype (unless the column is empty), and things are trickier with some specilaized datatypes like CLOBs.
edit
I haven't addressed the CREATE TABLE statement. The principle is the same, it is just longer to type out. Besides, I am not entirely clear how it applies to your prior requirement to change the datatype of those columns.