Loading...
HomeMy WebLinkAbout1983-03-21 EDDA MINUTES• BRADFORD PUBLISHING CO ., DENVER RECORD OF PROCEEDINGS ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY 3535 So. Shennan -Englewood, CO 80110 MINUTES March 21, 1983 • Board Members Present: Bush, Close, Coleman, Gasson, Holthaus, Kaufman, Mausolf, Maxwell, Neal, Pendleton Board Members Absent: Owens Staff Present: M. Haviland, P. Dietrich Guests: Loring Harkness, EDDA Board Attorney, Mike Richardson The Special Meeting of the Board of Directors of EDDA was called to order on March 21, 1983 by Chairman Gasson at 12:05 PM. Mr. Mausolf moved, seconded by Mr. Kaufman, to approve the minutes from the February 9, 1983 regular meeting. Discussion followed. The motion was passed unanimously by voice vote. Sincere there was no official meeting on March 9, 1983, because of a lack of a quorum, there was no action regarding the notes taken at that time. These will be included as a memo to the minutes. Mr. Kaufman moved, seocned by Ms. Bush, to approve the bills for payment. The motion was passed unanimously by voice vote. Mr. Pendleton presented the Treasurer's Report. Mr. Close moved, seconded by Mr. Kaufman, to accept the Treasurer's REport as of Janaury 31, 1983. The motion was passed unanimously by voice vote. CHAIRMAN'S REPORT Mr. Gasson appointed Mr. Neal, Mrs. Holthaus, and himself to the Evaluation Sub- committee for the evaluation of the Executive Director. He indicated that the subcommittee will meet wihtin 30 days. Chairman Gasson called a Special Meeting of the EDDA Board of Directors for March 28, 1983, at 12:00. The purpose of this meeting is to discuss the work plan and long range goals of the EDDA. He also mentioned that the URA meeting on March 23, 1983 is scheduled for additional discussion of relocation issues and concerns. The EDDA is invited to make comments and presentations at that time. On March 22, 1983, the City Council will discuss the rezoning proposal for the downtown. The EDDA is invited to make comments and presentations at that time. CONFLICT OF INTEREST: Mr. Loring Harkness, attorney to the EDDA Board of Directors, presented a conflict of interest report. He indicated that the Board participation on an individual project depends on where that project fits into the grand design of the entire redevelopment project. It is necessary for Board members, when they have a conflict of interest, to disclose this conflict of interest issue to the Board. Then, it will be necessary for that Board member to refrain from voting on that particular matter. He defined a conflict of interest as: No Board member nor any employee of the Board shall vote or otherwise participate in any matter in which he has a specific financial interest, defined as a matter in which the member or employee would receive a benefit or incur a cost substantially greater than other property owners within the district. • BRADFORD PUBLISHING C0 .1 DENVER RECORD OF PROCEEDINGS Page 2 Special Meeting Board of Directors March 21, 1983 THere was considerable discussion about specific conflicts of interest situations. The Board members were cautioned to be careful and not use their public office to further their private goals. In discussing the relocation issue, Mr. Harkness indicated that the EDDA Board should not be a vehicle for relocatees. The people directly involved by the relocation problem should go directly to the URA for consideration of their benefits. TAX EXEMPT LOAN PROGRAM -Mr. Harkness defined the tax exempt loan program that would applly for this particular redevelopment project. He stated that the EDDA could legally not issue tax exempt bonds to lend to local merchants. This program could, however, be accomplished through the City of Englewood. He also suggested that the cost effectiveness of making small sized loans was somewhat questionnable. He then described the industrial development bonds that could be issued by the City. Proceeds from the bond issue are lent to private concerns, i.e. banks, so that the banks can then lend the monies to local merchants and local business owners. DOWNTOWN ZONING -Mr. Kaufman moved, seconded by Mr. Mausolf, that the following Resolution be adopted: "WHEREAS, a revised downtown zoning will provide a strong implementation tool for the Downtown Redevelopment, THEREFORE, LET IT BE RESOLVED that the Englewood Downtown Development Authority supports the zoning proposal being considered by the Planning and Zoning Commission of the City of Englewood." The motion was passed unanimously by voice vote. MANAGEMENT TEAM -Mr. Kaufman mentioned that Mr. Brady is proceeding with a market analysis proposal for the downtown redevelopment project. Also, he noted that the suggested changes in the Braodway design guidelines as proposed by the EDDA subcommittee are being reviewed. The Management Team is still pursuing a development program for the Burt property. Mr. Kaufman noted,nowever, that he will no longer try to specifically relocate Acoma merchants at this time. URBAN RENEWAL AUTHORITY -Mr. Maxwell presented an update of the URA activities con- cerning the acquisition of two properties. RELOCATION -Mr. Pendleton indicated that the relocation subcommittee has submitted a plan of recommendations to the URA regarding the relocation issues. Another meeting of the URA is scheduled on March 23, 1983 to discuss issues. The issue of leasehold improvements was discussed. EXECUTIVE SESSION -Mr. Close moved, seconded by Mrs. Holthaus, to recess into Executive Session. The motion passed unanimously by voice vote. The EDDA Board recessed into Executive Session at 1:45 PM. The Board returned from Executive Session at 2:07 PM. THere being no further business, the meeting was adjourned at 2:10 PM. 2J:;;;&L ·--Barry Col ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY 3535 S. Sherman strw Englewood . Colorado 80110 Phone 303 1781 -7885 R E S O L U T I O N WHEREAS, a revised downtown zoning will provide a strong implementation tool for the Downtown Redevelopment, THEREFORE, LET -IT BE RESOLVED that the Englewood Downtown Development Authority supports the zoning proposal being considered by the Planning and Zoning Commission of the City of Englewood. Adopted: ::::atur~~zt~ (Chairman) Date: Signature: