HomeMy WebLinkAbout1981-05-04 EDDA MINUTES,.
BRADFORD PUBLISH I NG C0.1 D E NVE R RECORD OF PROCEEDINGS
ENGLEWOOD DOWNTOWN DEVELOPMENT AUTIIORITY
3535 S Sherman-Englewood, CO 80110
•
Monday, May 4, 1981
MINUTES
Board Members Present: Artzberger, Coleman, Gasson, Holthaus, Kaufman,
Mausolf, Maxwell, Neal, Robohm
Board Members Absent: Bush, Glenn
Staff Present: Simpson, Van Vorst
Chairman Holthaus called the Special meeting to order at 8:10 AM.
Mr. Maus~lf verba+ly stated t~at due to prQor coIIII!litments he has missed
Board Meetings. He also stated that he would like to retain his position
on the Board. It was noted that this was a verbal rather than a written
response as requested by the Board.
Resolution 1, Series of 1981 was read in full by Board Member ¥..axwell.
A motion to pass Resolution 1, Series of 1981 was made by Maxwell,
seconded by Robohm. A roll call vote was taken: Artzberger, yes; Cole-
man, yes; Gasson, yes; Holthaus, yes; Kaufman, yes; Mausolf, yes; Maxwell,
yes; Neal, yes; Robohm, yes. There were nine "yes" votes and no "no" votes.
Resolution 1, Series of 1981, pertaining to the loan agreement, is attached
to and made a part of these Minutes.
Chairman Holthaus reported that she had received a contract for the sale
of the property known as the Public Service Building from Nicanor Avila,
Jr. A deposit of $1,500.00 in the form of a check as earnest money is
being held by the Seller. It was noted that Exhibit "A" (legal descrip-
tion) and Exhibit "B" ( brief description on improvements ) were not
attached to the contract.
Board Member Kaufman stated that he had shown the same property to the
Englewood Federal Credit Union. At this time there is no contract. Should
this come to fruition the terms would be as follow: $5,000.00 as earnest
money and the balance in cash at the closing.
The meeting was adjourned at 8:47 AM.
Respectfully submitted,