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HomeMy WebLinkAbout1979-01-23 EDDA MINUTESe e •• e MINUTES OF SPECIAL MEETING OF THE BOARD OF DIRECTORS e ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY January 23, 1979 12:00 p.m. The special meeting of the Englewood Downtown Development Authority was convened in a special session at the First National Bank of Englewood at Noon, Tuesday, January 23, 1979. All members were present except Messrs. Coleman and Maxwell. Also present by invitation was Richard Wanush, City Planning Director. Minutes of the January 10, 1979, meeting were read and approved. Mr. Allen reported on the meeting of his Real Estate Committee having now outside consultants in Lee Jones and Gerri Von Frellick. He said the committee has focused on the numbes priority, \...,J ~ the acquisition of the Ambrose property on the east side of the 3400 block on South Broadway with its lease co of the track between South Acoma and Bannock, and between as Girard and Eas Floyd. He said the committee feels thew nse of urgency in uiring the property before it gets away from the Authority, to become a showcase for the Authority's development program. Fred Kaufman gave a report from his committee which was charged with the assimilation and prioritization of the Authority members' listing of primary activities. A copy of that report is attached to these minutes. As with Mr. Allen's committee report, there ensued considerable discussion about the socalled Ambrose property, its possible acquisition and potential development. In this regard, it was frequently pointed out, the need for an Authority Director to coordinate planning and activities, which brought a report from Barbara Holthaus about her Director Selection Committee composed of George Allen and Vernon Mann. It was decided that this committee would meet with the City Personnel Director with the objective of drawing up a job description, suggestions on seeking a director, and also interviewing Larry Nowacki, who in the past has indicated an interest in being a Director, whose function Mrs. Holthaus said her committee envisions as being an interim position. That committee is to report back to the Authority at the February 14 meeting, along with Mr. Allen's committee on possible acquisition of land for parking on the west side of ·South Lincoln in the 3400 block . . Mr. Robohm will attempt to discuss parki~g land acquisition possibilities with Mr. Sachter. The Chairman reported to the members on his meeting with Andy McCown, City Manager, which brought out that: l. The Authority should have approximately 40% of fts tax revenue or about $50,000 available in April, with the majority of the balance by June, and the remainder through the rest of the year. 2. ·~he City would be happy to cooperate in a limited way in assisting the Authority in its personnel selection and initially .providing: office space if desired. 3. Suggested that the best way to approach the City Council for funds would be on a basis of ·a specific program. The League of Municipalities is espousing legislation for the expansion of Development Authority issuance of municipal bonds with city approval, which might be beyond the 5-mill levy limitation for a ·repaynent program. airman