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HomeMy WebLinkAbout1981-05-08 EDDA MINUTESBRADFORD PUBLISHING CO ., D E NVER RECORD OF PROCEEDINGS ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY BOARD OF DIRECTOP3 SPECIAL MEETING Friday, May 8, 1981 MINUTES Board Members Present: Artzberger, Bush, Coleman, Gasson, Holthaus, Kaufman, Mausolf, Maxwell, Neal and Robohm Board Members Absent: Glenn Staff Members Present: Simpson, Van Vorst Board Chairman Holthaus called the special meeting to order at 8:04 AM. The purpose of the Special Meeting is to determine action on the contract proposal from N. Avila. Before discussion of the Avila contract, Board Member Kaufman interjected a verbal contract of $136,000.00 in cash. Board Chairman Holthaus stated that she had spoken with Mr. Harkness concerning the possibility of a Board Member purchasing the Public Service Building. His opinion was as follows: it would be acceptable if that particular Board Member did not vote on this issue. After discussion Board Member Kaufman withdrew his verbal contract. After discussion of the terms of Mr. Avila's contract, Board Member Mausolf moved that a counter proposal be made stating that the purchase price would be $148,000.00, payable as follows: $5,000.00 in earnest money and non-refundable; $143,000.00 in cash at closing; the cost of the interest shall be borne by the purchaser starting 30 days after acceptance of the contract until closing; the proposal is to be delivered to the Englewood Downtown Development Authority's office at 3535 So. Sherman, Englewood, CO on or before 5:00 PM., May 12, 1981. Seconded by Board Member Neal. The motion was carried by a voice vote. Board Chairman Holthaus will ask Mr. Harkness to draw up the counter pro- posal immediately. Applicants for the Director of the Englewood Downtown Development Authority will be interviewed May 15th and May 16, 1981. Board Member Robohm stated that he had hand delivered a letter to the Englewood/Suburban Chamber of Commerce. This letter requested that they submit names of eligible, potential candidates for a Board position. Board Chairman Holthaus announced that there would not be an Executive Board meeting on Monday, May 11, 1981. The meeting was adjourned at 9:50 AM. Respectfully submitted,