HomeMy WebLinkAbout1982-06-09 EDDA MINUTES-
BRADFORD PUBLISHING CO ., DENVER RECORD OF PROCEEDINGS
ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHROITY
3535 So. Sherman-Englewood, CO 80110
BOARD OF DIRECTORS REGULAR MEETING
Wednesday, June 9, 1982
MINUTES
Board Members Present: Bush, Coleman, Gasson, Holthaus, Kaufman, Mausolf,
Maxwell, Neal, Pendleton
Board Members Absent: Owens, Robohm
Staff Present: M. Haviland, E. Haviland, P. Dietrich
GUests and Visitors: Ed Cordova, EBA; Dick Hinson, Englewood Dept. of
Community Development, Bill Nickum, Total Business
Systems; Gretchen Peacock, The Englewood Sentinnel;
Susan Powers, Englewood Dept. of Community Development;
Justin Schultz, ERA/Empress Realty; Peter Vargas,
Assistant City Manager; Bob Vothe, EBA; Faye Wolcott
Board Chairman Holthaus called the regular meeting to order at 12:10 PM on
June 9, 1982.
Following introductions, the Minutes of the May Board meeting were presented
for approval. Mr. Kaufman moved, seconded by Mr. Coleman, that the minutes
of May 12, 1982 meeting be approved as presented. The motion passed unanimously
by voice vote.
Bills for Payment -.The bills for payment were presented by Mr. Gasson.
Mr. Kaufman moved, seconded by Mr. Neal, that the treasurer's report be
accepted. The motion was passed unanimously by voice vote.
Mr. Gasson reviewed the Annual Financial Report foT 1981 to the Board. He
presented the revised 1982 budget (see attached). Bill Pendleton moved,
seconded by Mr. Mausolf, to make a resolution to accept the amended 1982
budget. Mr. GAsson noted that in reviewing the current mortgage contract
that had been made with Mr. Sachter, he was pleased with current financial
arrangements, and did not want to change them at this time. The motion
was passed unanimously by voice vote.
DIRECTOR'S REPORT
City Wide Slide Presentation -Mr. Haviland presented updated information as
to the status of this slide presentation.
Office Furnishings -The arrangements to refurnish the office of EDDA will
be completed by August, 1982. Mr. Haviland is working with Mr. Mausolf and
Mr. Coleman on this project.
Dry Creek Meetings -Susan Powers listed the upcoming meetings regarding the
Dry Creek Proposal. They are:
June 28, 1982
July 7, 1982
August 3, 1982
-Public hearing is scheduled.
-Planning Commission -review on Dry Creek, Public
Hearing
-City Council -Public Hearing on Dry Creek
She noted that a schedule of meeting times and plans would be forthcoming.
•
Page Two
EDDA Board of Directors
Regular Meeting
June 9, 1982
•
Urban Renewal Authority -Ms. Powers stated that there is a final resolution
on the Plan. The financing for the Urban Renewal Plan is the next step. She
indicated that either she or Dick Hinson would be willing to meet with the
EDDA Board to go over aspects of the Urban Renewal Plan.
Management Team Meeting -Mr. Haviland indicated that the Management Team
Meeting had focused on movement toward a public/private development agreement
and that the EDDA should be a party to the development agreement. Mr.
Haviland indicated that there will be a proposed time schedule which will
lead toward a development agreement forthcoming from Brady. He also indicated
that to the extent EDDA will be a signature on any development agreement, he
would like to see some involvement directly by Board members in discussion
of the development agreement. Mr. Gasson, Mr. Coleman, Mr. Kaufman, and
Ms. Holthaus expressed interest in being more closely involved.
EXECUTIVE BOARD MEETING
1. Communication Outreach Program -The consensus of the Board felt that there
needed to be some immediate, visible direction in this area. After
much discussion, it was decided that a series of slide shows, presenta-
tions, and accompanying print materials, presented to community groups
and other interested groups would be the best approach at this time.
Mr. Neal moved, seconded by Ms. Bush, that EDDA was authorized to spend
not more than $4000.00 for this presentation for the downtown area only.
Mr. Haviland is to report at the next Board meeting as to the exact
expenditures and details of this project. The motion was passed
unanimously by voice vote.
2. Broadway Improvement Program -The Board had indicated that a need for an
overall program of improvements to Broadway that would result in some
immediate visible changes. At the request of the B~ard, Director
Haviland had solicited two very rough cost estimates for an overall
public and private merchandising guideline for Broadway (public street-
scape, private building facades, signage, window treatment, etc.). The
consultant estimates were both in excess of $20,000. Mr. Haviland
expressed concern that there are definite precommitments made by merchants
and property owners to implement any plan that EDDA would fund. Both
EBA and EDDA should undertake the merchandising study together as joint
sponsors. Mr. Haviland noted that a commercial revolving loan program
would also be considered as a part of a Broadway improvement program,
and that he has already made preliminary contact with the Development
Dept. (for possible use of CDBG funds) and with lenders. Councilman Neal
indicated that it may be possible to fund a small amount of the public
streetscaping program immediately, assuming an overall design program for
the Broadway portion of the downtown development plan can be agreed to.
Mr. Kaufman expressed a concern that the overall Broadway merchandising
program be possible and feasible in terms of cost to the local merchants.
Ms. Bush moved, seconded by Mr. Mausolf, that Mr. Haviland is to obtain
a minimum of 3 proposals for the overall merchandising guidelines of
Broadway. He is to present these proposals at the July Board meeting.
The motion was passed unanimously by voice vote.
• •
Page Three
Board of Directors, EDDA
Regular Meeting
June 9, 1982
Chairman's Report
1. Ms. Holthaus indicated that an evaluation of the Executive Director of
EDDA be done by the original search committee, consisting of Mr. Gasson,
Mr. Neal, and Mr. Mausolf. Included in this evaluation should be
discussion of a pension retirement plan, and related benefits.
2. Ms. Holthaus also indicated that, according to the ByLaws, a new
Chairman must be selected at the July, 1982 Board meeting.
There being no further business, the meeting was adjourned at 1:39 PM.
Respectfully submitted,
~ ~
Barry~, Secretary
ENGLEWOOD DOWNTOWN DEVELOPMfNT AUTiiORITY
June, 1982
1982 BUDGET
(REVISED)
ESTIMATED REVENUES
Property Tas
Specific Ownership Tax
~@nalty and Interest on Delinquent Taxes
Interest Earnings
Miscellaneous
TOTAL Estimated Revenues
SALARIES
1110
1211
1222
Salary; Director, full time
Salary; part-time
part-time overtime
PENSIONS & RETIREMENT
12 months
12 months
(25% X $6,330)
1300 10% of Salary (Director only)*
1311 Social Security ($48,912 X .0665)
INSURANCE
1411
1420
1431
1461
Health & Life Insurance
Workmen's Compensation
Dental Health Insurance
Unemployment Insurance
OFFICE SUPPLIES
2111 General Office Supplies
2112 Books & Magazines
2113 Postage
2114 Paper-Copy Machine
2121 Printing-City
2122 Printing-Outside
2251 Food
2275 Film
2276 Map Prints
2279 Other Misc. Supplies
*Pension requiring Board approval
e EXHIBIT A
$112,450
10,450
100
2,000
750
$125,750
$ 43,000
6,330
1,980
51,310
4,300
2,700
7,000
1,875
90
336
146
2,447
850
198
550
100
750
500
450
132
66
100
3,696
' r
June,.
1982 BUDGET REVISED
PROFESSIONAL SERVICES
3111 Auditing
3113 County Collection Fees
3121 Legal Services
3169 Other Technical Services
3191 Other Professional Services
EDUCATION & TRAVEL
3ill Travel & Conference
3212 Registration
3213 Mileage (Includes Car Allowance)
3221 Tuition & Training
3231 Memberships & Dues
COMMUNICATIONS & UTILITIES
3311 Advertising
3321 Telephone
3343 Electrical & Gas Bills
3344 Power & Pumping Energy (gas)
3351 Water & Sewer
RENTAL
3421
3441
Building Rental
Office Equipment Rental
REPAIR & MAINTENANCE
3534 Office Equipment Repair & Maintenance
AID TO OTHER AGENCIES & PROGRAMS
3600 Aid to Other Agencies & Programs
MISCELLANEOUS EXPENSES
3713 Mortgage Interest
3761 Insurance
3790 Other Misc. Expenses
3799 Contingency
LAND
--4111 !.amd (Principle-Sachter Property)
e Page 2
$ 600
2,145
1,000
1,500
401546
46,791
1,800
800
1,650
500
900
5,650
300
1,895
1,000
1,000
100
4,295
6,195
22310
8,505
100
100
11500
1,500
5,357
500
200
71500
13,557
2 2 275
2,275
June,.
,·
OFFICE FURNITURE & EQUIPMENT
442P Office Equipment & Furnishings
4430 Communications Equipment
e Page 3
$ 2,000
950
2,950
TOTAL $150,076
•
RESOLUTION NO.
SERIES OF 1982
4
A RESOLUTION OF THE ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY AMENDING
THE 1982 BUDGET.
WHEREAS, the EnglP.'WOO~ Downtown Development Authority has
adopted a budget for 1982; and
WHEREAS, the Englewood Downtown Development Authority wishes
to revise said budget;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS AS
FOLLOWS:
The Englewood Downtown Development Authority authorizes the
Executive Director to revise the 1982 Budget to provide for $125,750
in Total Revenues and $150,076 including a 5% contingency in Total
Expenditures as found in Exhibit A attached hereto and incorporated
herein by reference.
ADOPTED AND APPROVED this 9th day of June, 1982.
Barbara Holthaus, Chairman of the Board
ATTEST:
Barry Coleman, Secretary of the Board