HomeMy WebLinkAbout1981-03-25 EDDA MINUTESBRADFORD PUBLISHING CO ., DENVER RECORD OF PROCEEDINGS
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ENGLEWOOD IXJ\vN'ID.JN DEVELOPMENI' AllTHORITY
BOARD OF DIRECTORS F.EGlJIMt ~1EETING
Wednesday, :March 25, 1981
•
Board Members Present: Artzberger, Bush, Coleman, Gasson, Glenn, F'.aufman,
Haxwell, Neal, Robohm
Board J1embers Absent: Holthaus, t1ausolf
Staff Present: Simpson, Van Vorst
Guests & Visitors: Jim Higday, Rachel Owens, Susan Powers, Kathye
Thomas
Vice-Chainnan Coleman called the tn=eting to order at 12:15 IM.
The Minutes of the Board Meeting dated March 11, 1981 were approved as
published upon notion by Board t'!an°f)er Y.aufman, seconded by Neal. tbtion
carried.
Bills in the arrount of $671. 34 ~re approved for payrrait upon notion hy
Neal, seconded by Artzberger. ~tion carried.
Vice-Chairman Coleman introduced Jim Higday, rrenber of the Interfaith
Task Force Board. Mr. Higday explained that the cnly Fmd Raising Pro-
ject for I.T.F. is the Annual Walkathon, April 26, 1981. It was noted
that the March of Dimes Walk will aILso be that day. :qe encouraged the
Board to become roore involved as well as businesses in the area. Last
year the Walkathon raised $42,000.
Board ~1ernber Artzberger noted that the Easter Seal Telethon will be tele-
vised by Channel 7 and broadcast by Kil1N from Cinderella City.
Board Treasurer Gasson presented the Cash Projection of 1981 to the Board.
Ile also stated that the Board would be operating on a slight deficit for
1981 due to the Public Service Co. property purchase.
Board Treasurer C"..asson also recorrmended that the Board invite area realtors
and conrnercial brokers to submit proposals on programs for the sale of the
building. The proposals would be due to the EDD\ offices no later than
8:00 AM on April 6, 1981. Upon rootion by Robohm, second by Neal, rootion
carried.
Board Treasurer Gasson also stated that within the next rronth title to the
property would close and cash would be necessary. Upon rootion by Neal,
second by Robohm, Board Chainnan Holthaus and Board Secretary Coleman
are authorized to negotiate a loan up to $150,000 at the best possible
interest rate at a local bank for ftmding at the closing of the property.
Motion carried.
Board Member Gasson deferred the Ad :-!oc Ccmnittee Report to a later date.
The Management Team Report presented by Board ~1ember Kaufman was regarding
the Joint/EI'DA 1n=eting with Jun F.hsigp, I'i,·TI and materials to be presented.
Board Member Y.aufman also stated the Team had been invited to speal-: at the
General t,1'.embership of the Chamber of C'.ormErce at their next ~eting.
Ms. Susan Powers, Conm.nity Development Director, urged the entire Board
to attend the Joint Study Session on ~"arch 30, 1981 at 5:00J:'t,f, Ms. Powers
also discussed proposed changes to the Tax Increnent Financing legislaticn.
Also discussed was the possibility of a late Bill to Legislature regarding
Do,;..ntown Ieveloptn=nt Authorities. "Ms. Powers stated clarification was
necessary on many issues.
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E.D.D.A. Board of Directors
Regular ~ting
March 25 , 1981
Board ¥..ember Kaufman discussed the "Srmll Business Economic Future" Seminar
at the Ibwntown Hiltcn en April 1, 1981, 7 :30 AM to 5:00 PM. Upon notion
by Neal, second by Kaufman, Mrs. Van Vorst will attend as the representative
for EDDA./dba with expenses paid. ¥.otion carried.
The ~eting adjourned at 1:05 PM.
Respectfully Submitted,