HomeMy WebLinkAbout1981-05-13 EDDA MINUTESBRADFO R D PUBLISHING C O ., D E NVER RECORD OF PROCEEDINGS
ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY
BOARD OF DIRECTORS REGULAR MEETING
Wednesday, May 13, 1981
MINUTES
Board Members Present: Bush, Coleman, Gasson, Holthaus, Kaufman, Mausolf
Neal, Maxwell, Robohm
Board Members Absent: Artzberger
Staff Present: Simpson, Van Vorst
Guests , &.Visitors: Susan Powers, Joe Bila
Board Chairman Holthaus called the meeting to order at 12:10 PM.
Minutes of the Special Meeting dated 4/22/81 were approved upon motion by
Robohm, second by Neal. Minutes of the Special Meeting dated 5/4/81 were
approved upon motion by Robohm, second by Gasson and Minutes of the Special
Meeting dated 5/8/81 were approved upon motion by Maxwell, second by Neal.
The Treasurer's report was presented by Board Treasurer Gasson. It was
noted that until the time that a Director is hired the monthly Treasurer's
reports will be prepared by John Lowry, City of Englewood. Mr. Gasson
also stated that the loan in the aggregate principle amount of $150,000.00
was finalized May 11, 1981. The Treasurer's report was approved upon motion
by Coleman, second by Mausolf.
Bills for payment in the amount of $6,038.95 presented by Board Treasurer
Gasson. Upon motion by Mausolf, second by Robohm, the motion carried.
The bills for payment included the encumbrance of $5,460.00 (Req. #7621)
for rental of Suite 150, 3535 So. Sherman (5/1/81-4/30/82) with 12 monthly
installments of $455.00 each.
A bill for legal expenses associated with the D.D.A. Amendments was presented
for approval. The total bill of $2,026.69 is to be divided equally by four
D.D.A.'s. EDDA's portion of the bill being $506.67. Upon motion by Mausolf,
second by Maxwell, the motion was carried. It was noted that the amendments
to the DDA legislation were successfully added to SB142 and has passed both
House and Senate.
It was questioned whether account number 8198 (DDA Project Acct.) should
have addtioinal monies. Susan Powers will confer with John Lowry.
The Director Search Report was given by Board Member Gasson. Four can-
didates will be interviewed on May 15 and 16, 1981.
Board Member Gasson excused himself at 12:40 PM.
Board Member Robohm reported that the Chamber of Connnerce did not submit
names of any potential candidates for the Board. Michael Girnesch, John
Pearce and Barry Coleman are being considered. Board Member Robohm will
contact Bill Pendleton, First of Englewood. A final decision will be made
at the Special Board Meeting on May 27, 1981.
Board Chairman Holthaus stated that a Counter-counter Proposal of the buyer,
Nicanor Avila, Jr. had been received. Board Member Neal moved that the
contract be accepted, second by Robohm. Motion carried. Board Member
Kaufman made an addendum to provi,si6n #1 of the Counter-counter Proposal
e
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EDDA ~oard of Directors
Regular Meeting
May 13, 1981
of the buyer; the wording "and after that time the building be accepted
as is." Second by Robohm. Motion carried with all voting in the affirma-
tive with the exceptions of Coleman and Bush. Board Chairman Holthaus
will provide the necessary information to Bill Schenkein.
Board Member Mausolf excused himself at 1:10 PM.
Board Member Kaufman and Susan Powers gave a presentation of the Project
Management Team. They gave the Board more information derived from the
retreat in Aspen. Kaufman reported that they had given similar presenta-
tions for the dba/ENGLEWOOD, Englewood/United Suburban Chamber of Commerce
and the Kiwanis. There are more programs scheduled over the next few
weeks.
Board Member Glenn excused himself at 1:30 PM.
Board Member Bush recommended that two or three Board Members provide
back-up for Kaufman. It was suggested that Susan Powers set up a "mini-
session" such as was held in Aspen.
The meeting was adjourned at 1:53 PM.
Respectfully submitted