HomeMy WebLinkAbout1981-02-11 EDDA MINUTES• •
BRAD FOR D PUBLISH I NG CO ., D ENVER RECORD OF PROCEEDINGS
eTGLEtmD OOWNID·JN DEVELOPt1ENI' AT.JTqORITI
BOARD OF DIRECTORS REGUI.AR HEETING
Wednesday, February 11, 1981
Board Members Present:
Board Menbers Absent:
Staff Mermers Present:
Guests & Visitors:
Artzberger, Allen, Coleman, Gasson, Glenn, Holthaus,
Y~ufman, Neal, FDbohm
Maxwell, Hausolf
Thompson, Burger, GiLfoil,
Board Atton1ey Harkness
Susan Powers, Mayor Eugene Otis, Rick DeWitt,
Jeanette Bush, ~fobart M:>ss, Rachel Owens, Ed
Cordova, Paul Beattie, Val Hoyt
Board O'iairman Holthaus called the meeting to order at 12 :10 P.M.
The Minutes of the January 28th Special Board of Directors meeting were amended
to read " copy from minutes attached " upon trotion by Glenn, second by Gasson.
M:>tion carrci:ed.
Treasurer Gasson reviewed the Treasurer's Report and stated he was reviewing
the D.D.A. cash flow and would have a full report no later than the 11arch
Regular Board of Directors meeting.
Bills in the annunt of $328. 06 were approved for payment upon m:>tion by PDbohm,
second by Allen. Motion carried.
A Management Team report was presented by Board Mermer Kaufman stating the
team had met and they were concen1ed over rt.m:Jrs and suggested that Ys. Powers
handle centrally any press releases or questions. Ms . Powers stated that the
Team would be developing a public relations campaign and she was in favor of
all members in the team being vocal about the proposed development.
Real Estate O::mni.ttee Chairman Allen reported that he had a list of prospects
that were sent infonnation about the sale of the Public Service Building.
Allen queried the Board regarding listing the building with -_a realtor and
selection of one. Mr. Gasson stated that the price presently being asked
included the m::mies for the parking assessment and stated that a lender
would lend the m::mey for that. He recomrended re-pricing the building, deducting
the assessment. Discussion followed regarding leasing the buildeng but the
idea was rejected due to the costs involved. It was agreed by the board that
Mr. Allen would contact interested prospects with the new price of $148,000.
Upon m:>tion by Gasson, second by Artzberger , M:>tion carried .
The Director Search O::mni.ttee report was given by Chairman Gasson stating Mr .
Reaune_had been contacted regarding the reCOIIIIa1ded changes on the contract,
which were acceptablr. Mr. Reaurre will come to Englewood February 24th and 25th
to ascertain the type of person the Board wants to fill the position, get a
better understanding of the position, propose a time line and recorrrnend a salary
figure. Mr. Reaurre would like to interview Board memer, staff, city personnel
and some business people. The meetings will be held at Continental National
Bank. Board merrber Glenn was named to the Director Search C.orrmi.ttee to replace
Board merrber Artzberger.
Board meni>er Neal asked the board if they would schedule a work session with
the Managene1.t Team and February 20th, 1981 at 11:45 A.M. was set.
After c:ormrents fron Mr. Hobart MJss and Mr. Ed Cordova regarding what was
really going to happen on Broadway, Board ment>,er Kaufman s.tated that the
plans -were only in the starting phases and as soon as something was m:>re finn
there would be ~tat that time.
Board Attorney Loring Harkness reported to the Board on the purposes and powers
of a Ibwntown Development Authority. In general a Ibwntown Development Authority
is involved in planning, development, redevelopment and financing. After a
question and answer period the meeting was adjoUllled at 1 :39 P.M.
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February 11, 1981
Board of Directors
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