HomeMy WebLinkAbout1986-05-15 (Special) Meeting MinutesI SPECIAL MEET IN G:
COU NCIL CHAM BERS
Cit y of En glew oo d, Co l orado
May 15, 1986
The City Council of th e City of Eng l ewood , Arapaho e lc~r •'Y, C0)c ,·aoo, me t in
s pe ci al session on May 15. 1986, at 5:15 p .m .
Mayo r Oti s, pres iding, ca ll ed the me e ting t .., "''~c •.
lh c invoc ati on was g i ve n by Cou nc il Memb e r Hig da y. r.a yu.-0tis l ed th e pledge
of allegiance .
M,1 yor Otis a s ked fo r r oll ca ll . Upo n a ca ll of th e r oll , th e f ollowing we r e
pre se nt:
Counc il Members Higda y, Vob ejd a , Koz acek , Bilo, Br adsh aw, Oti s .
Ab s ent: Co un c il Member Van Dyk e .
lh e Mayo r dec l •red a quor um pres ent.
Al so pre sent wer e :
l i ty Mana ge r Mccow n
Ass i s tant City Att orney Grimm
Ac ting Executi ve Dir ector Hinson, Urban Renewal
Aut ho rity
Exec ut i ve Di r ec tor Fe in s tein, Hou si ng Auth ority
City Cl e rk Crow
* •• * •
Acting Ex ec utiv e Di rect or Hin so n provid ed bac kground informa tion on the
pr op os ed Re s olution of Induc eme nt for Industrial De ve lo pm ent Revenu e Bonds for
th e ac qui s ition of land and con structi on and equipping of a building for a
who l es ale goods and services facility for Englewood Joint Venture (Os prey
Deve 1 opm ent Cor po ration/Buyer 's Club Rea 1 t y Corp or ation). He exp 1 a i ned the
nece ss i ty o f act ing upon thi s r es olution prior to May 16, 19 86 to as sure th e
all ocat i on of S6 ,000,000 for th i s project, as well as $1 ,166,000 to be
utilized by the Housing Division for a Single Family Mortgage Loan Pro gram .
R[SOLUl !Oil NO. 17
SERIES OF 1986
A RESOLUTIO N OF INDU CEMENT FOR INDU STRI , J EVELOPMEN T REVENUE BG NDS FOR THE
ACQUISJTJ OII OF LAND AND CONSTRU CTION AND cQUJPPJNG OF A BUILDING FOR A
WH OLESALE GOOD S AND SERVI CES FAC IL ITV FOR ENGLEWO OD JO I NT VENTURE .
[n g,es·oo d Ci t y Co unc i l
1:cy 15, 1985 • 2
cou ,ir I L ,,:mern BRADSHA W MOVED , S[C0//0 (0 BY CO U/IC IL Mfl·:L : ~OZAC [I( FOR PAS SAG[
or Rl~OLU lfO N 1/0, 17, SCR JES OF l9B6. Upon a ca ll o ft ·e ro ll, the vot e
r es ult ed a s f olbws:
Ayes: Counc il Membe r s Higday, Vobejd a, Kozarc ,, Bilo, Bradsh aw,
Oti s
/l ays: /l one
Ab se nt: Co un c il Membe r Van Dyke
lli e 1:ay ur de c l ared t he mo t ion c ar ri ed.
* * •• *
l xi •c utive Di r ec t or Fe i nstei n, /l ousi ng Au th ority, addre s st, •o uncil c onc e rning
tlie pr oposed r e solut ion r e lat i ve to th e in tent i on of th e City of En glewood to
fina nce a Singl e Fam ily Mortg age Lo an Pr og ram wi th the alloc ation of funds
f rom the Stat e in t he amo unt of Sl ,166,000. He comm ent ed tha t the sp ecific
pr og ,·am wou 1 d be dev e 1 oped an d a pproved by Co un c i 1 at a 1 a t e r dat e. This
ac tio n is nec ess a ry at thi s t i me i n ord e r to have the allo ca t ed fu nds set
a s i de f or the City.
RC SOL Ul I OIi 1/0. I 8
SER IE S OF 1986
A RESOLUTI0/1 IN DI CATING THE 1/HEI ITIOI/ OF THE CITY OF EII GL[WOO D TO FIN ANC E A
S I IIGL E FAM ILY MOR TG f,GE LO AU PROGR AM.
CO UI JC IL MEM BER KOZ ACEK MOVED, SECON Df c• BY COU NCIL MEM BER VOB EJDA, TO APP RO VED
HI ~O LUTI OI I NO . 18 , SER IE S OF 19 86 . Upon a call of the roll, the vot e res ulted a s foll ows :
Ay es : Council Memb ers Hi gday, Vobejda, Koza ce k, Bilo, Bradshaw,
Oti s
Na ys: None
Absent: Counci 1 Membe r Van Dyke
The Ma yo r dec l ared the motion carri ed .
• * •• *
COU NCIL M[MB[R HJGDAY MOVED TO ADJOURN THE MEE TING . The mee ting was adjourned
with ou t a vote at 5 :25 p.m.
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