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BRADFORD PUBLISHING CO., DENVER RECORD OF .PROCEEDINGS
ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY
BOARD OF DIRECTORS REGULAR MEETING
Wednesday, October 10, 1979
Board Members Present: Allen, Gasson, Glenn, Holthaus, Kaufman, Maxwell,
Robohm, Stones, and Executive Director, Keller.
Board Members Absent: Mann, Mausolf, and Coleman
Guests and Visitors: Ralph Murphy, Les Jenkins, Howard Olson, Richard
Wanush, and Robert Prangley.
Board Chairman Kaufman called the meeting to order at 12:27 p.m.
Minutes of the September 12, 1979 Regular Board meeting were approved
as published, on motion by Gasson and second by Robohm. Motion carried.
Minutes of the September 26, 1979 Special Board meeting were approved
as published, on motion by Allen and second by Stones. Motion carried.
Treasurer's Report -Cash on hand earning interest $103,213.47.
Received to date $126,383.75.
Budgeted income for 1979, $103,317.00.
Bills in the amount of $1,622.11 were presented for
payment. Upon motion by Stones, and second by
Allen, the bills are authorized to be paid. Motion
carried.
Chairman Kaufman appointed Stones chairman and Robohm as a Budget review
committee under the Finance and Bond Committees to prepare the operating
budget for 1980.
Les Jenkins explained his proposal for property and premises insurance
for the E.D.D.A. Upon motion by Allen and second by Holthaus, this policy
is to purchase immediately. Motion carried. In regard to The Indemnification
Policy, application forms must be submitted and a premium determined by the
insurance company before action can be taken by the board members.
Upon motion by Glenn and second by Maxwell, the tax mill levy for the
Downtown Development Authority District for the tax year 1980 shall
remain at 5 mills. Motion carried.
Baughar Associates proposal for the M.A.I. appraisal of the Public
Service and N.O.B. properties was judged to be too high. Upon motion
by Glenn and second by Robohm, the Executive Committee is to seek more
quotations and award the contract at its discretion. Motion carried.
Board member Robohm reported a comment that he received suggesting that
instead of the Mini Park and Mini Mall, only the backs of properties
in the 3434 -3460 area be upgraded.
Upon motion by Robohm and second by Maxwell, the Draft for Discussion
regarding the purchase of Public Service, the Walk-thru, Mini Mall and
Mini Park, shall be the proposal to be presented to City Council for
approval. Motion carried
Thursday, October 25, at 7:30 a.m., a Special board meeting is to be held
at the board office for all property owners in the 3400 block of So.
Broadway both sides of the street. Invitations to the meeting are to be
sent by return receipt mail to help bring attention to the meeting as well
as certifying that the property owners did receive their meeting notice.
Upon motion by Allen and second by Robohm, the Executive Committee is to
determine and engage special legal Council to handle matters pertaining
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Board of Directors
October 10, 1979
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to the formation of the special assessment district, purchase of the
Public Service and N.O.B. properties and to serve as Bond council for
the financing of the project. Motion carried.
Upon Motion by Holthaus and second by Maxwell, a request is to be made to
Public Service to remove all parking from their property except their
customers, employees and permitees. Motion carried with one no vote.
Meeting adjourned at 1:28 p.m.
Respectfully submitted,
'1:B~~Jd~
Secretary