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HomeMy WebLinkAbout1999-05-12 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 MAY 12, 1999 MINUTES Collins, Duemke, Feiner, Kaufman, Kientz, LaPorta, Sanchez, Waggoner Oxman, Powell, Weinberger Celva Bob Simpson -Director Englewood NBD Art Scibelli -Englewood NBD The Meeting was called to order at ~:45 PM. I. INTRODUCTION OF GUESTS AND VISITORS Chairman Kientz welcomed the visitors to the meeting . II. APPROVAL OF MINUTES Chairman Kientz told the Board that the minutes of the April 21st meeting were not recorded. III. TREASURER'S REPORT Chairman Kientz asked if there were any additions or corrections to the Treasuer's Reports For January, February and March. Steve Collins requested Further explanation of these reports and also asked if the current financial status conformed to the projections made in October of last 'year. Celva explained that the ending Fund balance shown on the reports reflected the indebtedness to Colonial Bank and consequently showed a large negative balance. Also the revenues shown were tax proceeds only through March. Celva stated that given these two Factors that indeed everything was on track with both budget and cash Flow projections. Kells Waggoner added that the bulk of tax revenues would come in April, May and June. Celva said that these revenues are credited to EDDA one month after their receipt by the County. Connie Sanchez moved to approve the reports as presented. The motion was seconded by Rosemary LaPorte and passed unanimously. IV. CHAIRMAN'S REPORT Chairman Kientz stated that there were two vacancies on the EDDA Board and that City Council would be making appointments in June. He asked Celva if any suggestions For candidates ' - I • • had been received. Celva listed the names of several individuals who had been proposed by Board members. After a brief discussion, which included additional candidates Celva asked the Boards approval of allowing the Executive Committee to find out who of the possible candidates would be wiiling to serve and make a subsequent recommendation to City Council. The Board approved this measure. Chairman Kientz reminded the Board that this June was also the time for election of Board officers and asked if anyone wished to express their interest in serving in this capacity. It was decided to also leave this matter to the Executrive Committee. Kientz requested that any further recommendations on either of these two items be made to Celva. V. DIRECTOR'S REPORT A. Summer Concert Series Director Celva handed out copies of the schedule for the summer concert series. He reported that he had managed to schedule ten concerts instead of the originally budgeted eight and still stay under budget. B. South Broadway Widening Celva reported that the presentation from Public Works and URS Greiner, shown on the Agenda, had been canceled, but would be re-scheduled. Bob Simpson suggested that a working session with the engineers and consultants was extremely important and that people in the EDDA district neede to give their input into the process in a timely fashion. After discussion of the project and some of its' implications it was decided to seek having a special meeting with consultants as soon as possible. C. City Center Update Bob Simpson thanked the Board for the opportunity of providing updated information on the project. He told the Board that he would be making a visual presentation titled "The Opportunity of Transit Oriented Development". He stated that City Council had selected the name Englewood City Center for the project. Simpson went on to detail and discuss with the Board, elements of the project including transit, site plan, public spaces, M.O.A., Wal Mart, Forest City, etc. At the conclusion of Simpson's presentation Chairman Kientz thanked him for sharing this information with the Board. The meeting was adjourned at 6:15. Respectfully submitted, • ~ Connie Sanchez Secretary