HomeMy WebLinkAbout2000-06-22 EDDA MINUTES•
•
•
ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY
333 WEST HAMPDEN AVENUE, SUITE 602
BOARD OF DIRECTORS MEETING
MEMBERS PRESENT:
MEMBERS ABSENT:
STAFF PRESENT:
GUESTS AND VISITORS:
JUNE 22, 2000
MINUTES
Duemke, Kaufman, Laporta
Oxman, Sanchez, Yurchick
Finer, Gartner, Weinberger
Celva
Darren Hollingsworth -CD
The meeting was called to order at 4:35 pm.
I. INTRODUCTION OF GUESTS AND VISITORS
Chairman sanchez welcomed Darren Holllingsworth from Community
Development to the meeting .
II. APPROVAL OF MINUTES
Chairman Sanchez asked if there were any additions or corrections
to the minutes for April and May. There being none it was
moved, seconded and passed unanimously to approve the minutes
for these two months.
III. TREASURER'S REPORT
Treasurer, Gary oxman reviewed for the Board the revenues
and expendituresfor the year to date, ending May 31, 2000.
He asked if there were any comments or questions concerning
the report. There being none, it was moved, seconded and
passed unanimously to approve the report as presented.
IV. EXECUTIVE DIRECTOR'S REPORT
A. Acoma Street Parking Lot
Director Celva reported that Chairman Sanchez and he had met
with the Englewood Urban Renewal Authority (EURA) Board of
Directors and members of City staff thr previous evening,
~egarding the Tripsrty Agreement. After distributing copies
of the document he stated that the EURA Board had approved
the agreement. He went on to review for the Board changes
made in the agreement after last month's EDDA meeting. Director
Kaufman registered his concern over the fact that a blackline
•
•
•
copy had no~ been distributed to the Board for their review
prior to the meeting and being asked to vote on the issue.
Celva pointed out that the final draft, which he had passed
out, had not been received until the previous evening with
the final blackline copy being faxed only a short time prior
to the meeting. Following further discussion it was moved,
seconded and passed unanimously that:
Whereas, the Englewood Downtown Development Authority (EDDA)
has determined that the downtown district will beneFit From
the Acoma street parking lot being secured From the Englewood
Urban Renewal Authority (EURA) in order to insure that the
property remain available For parking, and
Whereas, EDDA has determined that the downtown district will
beneFit From the development For commercial purposes oF certain
pieces oF property adjacent to the Acoma Street parking lot,
and
Whereas, an agreement has been negotiated between the City
oF Englewood, EURA and EDDA to Facilitate these objectives,
Resolved, That the Englewood Downtown development Authority
approves the July 21, 2000, draFt oF the Second Triparty Agreement.
This approval is contingent upon there being no substantive
changes made to the agreement by Englewood City Council as
the Final party to review the contract .
Celva told the Board that the most recent cost estimates for
this project had increased due to rising energy prices. He
added that with these increases plus soft costs, including
capitalized interest, that the project was now up to $715,000.00,
not including the $215,000.00 for uridergrounding and paving
that will be paid by the City. He went on to explain the
method that City staff was proposing for apportioning the
assessment to pay these costs and gave several specific examples
of the costs for individual properties, which he suggested
were out of proportion to both the benefit they would receive
and inequitable in relation to the assessments for other properties
in the proposed district. He stated that this concern had
been shared with City staff who had suggested that the final
arbitrator of the assessment method would have to be a bond
attorney, who is yet to be consulted.
Director Celva related to the Board that the Triparty Agreement
was scheduled to go before City Council on July 3rd and that
he had unfortunately already booked tickets for an extended
4th of July vacation. He suggested, that under the circumstances,
it would probably be wise for him to interrupt his vacation
and fly back for the City Council meeting. He requested the
aoard's approval for this flight to be paid by EDDA. Unanimous
consent was given .
•
•
•
B. South-Broadway Improvements
Celva told the Board that an estimate for replacing the remaining
older sidewalks in the 3300 and 3400 blocks of South Broadway
had come in at $60.00 a Square yard. The total came to $20,700
for the east side of the 3400 block, $18,700.00 for the west
side of the same block and $16,800.00 for the east side of
the 3300 block, a total of $55,800.00. He stated that he
had spoken with a number of property and business owners regarding
this proposal and had found that it had good support. Adding
that the City had invested in the revitalization of these
blocks with both new concrete work and trees, he stated that
he felt it would be a wise move for EDDA to participate by
replacing the remaining older sidewalk. Discussion on the
pros and cons of this proposal ensued. Director Kaufman reiterated
his adamant opposition to EDDA spending this amount on sidewalks
that were still serviceable. Director Oxman concurred. After
additional discussion, a motion was made and seconded that,
Resolved, That EDDA shall alocate From the current budget
$55,800.00 For sidewalk replacement in the 3400 block, both
sides and the 3300 block on the east side For replacement
oF the remaining older sidewalk.
The motion carried with 4 in favor and 2 opposed.
C. Facade Program
Director Celva informed the Board, that while no formal application
had been received, there had been recent discussions initiated
by Art Scibelli's office about the possibility of a joint
facade project for the LaPorta Art Gallery. He stated that
before proceeding further with this proposal he wanted a sense
of direction from the Board, since this would be the second
grant for this property. he first grant having been made
in 1994 for $4,800.00, with a five year term designated for
maintaining the funded improvements. After reviewing some
of the estimated costs, Celva stated that even with other
facade projects in process, that the budget could probably
fund the required portion of the project. The Board proceeded
to discuss varied elements of the proposal with Rosemary LaPorta
and concluded that as long as the project dealt with a revitalized
facade, that they would entertain a grant application.
The meeting adjourned at 6:10 pm.
submitted,
Weinberger