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HomeMy WebLinkAbout1999-09-15 EDDA MINUTES,. • • • ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY p33 WEST HAMPDEN AVENUE, SUITE 602 BOARD OF DIRECTORS MEETING SEPTEMBER 15, 1999 MEMBERS PRESENT: MEMBERS ABSENT: STAFF PRESENT: GUESTS AND VISITORS: MINUTES Collins, Duemke, LePorta, Oxman, Weinberger Curnow Celva Jim Windholz Finer, Gartner, Wag g oner , The Meeting was called to order at 4:40 PM. I. INTRODUCTION OF GUESTS AND VISITORS Chairman Sanchez welcomed Jim Windholz , attorney, to the Board meeting. II. APPROVAL OF MINUTES Chairman sanchez asked if there were any additions or corrections to the Minutes of the August 11th Board meeting. There being none a motion was made by Cliff Weinberger, seconded by Emmett Duemke and passed unanimously to approve the minutes as presented. III. TREASURER'S REPORT In the absence of the Treasurer, Gary Oxman, Director Celva asked if there were any questions or comments about the Treasures Report for the Month of August. After a brief discussion a motion was made by Steve Finer, seconded by Jerry Gartner and passed unanimously approving the report as presented . IV. DIRECTOR'S REPORT A. Lawsuit Director Celva reported to the Board that EDDA had been • • • named in a lawsuit relating to a slip and fall at one of the SOS concerts in the Summer of 1998. He stated that named in the suit in addition to EDDA were Northern Englewood Limited Partnership, DPC Property Management, and the City of Englewood. Celva told the Board that the City and EDDA were being defended in the suit through CIRSA (Colorado Intergovernmental Risk Sharing Agency} and that he had also turned all information over to EDDA's insurance carrier. A brief discussion of this item fallowed Celva's report. B. Mill Levy For 2000 Director Celva told the Board that it was time ta set the mill levy for the EDDA District for the coming year. He passed out copies of the Certification of Valuation, reveived from Arapahoe County and pointed out that the assessed valuation had increased from $28,038,640.00 to $37,549,090.00. He stated that due to the Tabor Amendmentthis presented several questions for the Board to explore and that he had asked Jim Windholz to the meeting to discuss with the Board the varied implications and possible options, that may exist in either reducing or maintaining the current levy. C~lva went on to add that in 1997 the City had submitted an ordinance to the voters nullifying aspects of Tabor and suggested that the ordinance may apply to EDDA. He stated that he had also requested Windholz's opinion on this. Windholz reviewed for the Board elements of the Tabor Amendment and the City's "de Bruceing" effort. He stated that after examining the enabling legislation for DDA's, that the City does have substantial control over EDDA and that a good case exists for the City's Ordinance #61 of 1997 (approved by the voters} applying to EDDA. Discussion of numerous issues relating to modifying or maintaining the mill levy continued. Kells Waggoner asked Windholz if the 5.5% state limitation on revenue growth did not apply to EDDA. Windholz replied that he did not have an opinion on this, but would research the issue and report back. Steve Finer suggested that the Board consider what any additional revenues would be used for and queried whether lowering the current mill levy might not be a more popular option. After further discussion a motion was made by Emmett Duemke that: The Englewood Downtown Development Authority will levy an assessment oF 4.397 mills For taxes to be collected in the year 2000. After additional discussion Cliff Weinberger seconded the motion which passed unanimously. Staff was directed to prepare the proper resolution for this action. • • • C. Acoma Street Parking Lot Director Celva Asked Jim Windholz if he had any additional information on acquisition of the Acoma Street property from the EURA. Windholz replied that he had do h e ·some additional research and had also spoken to Paul Bennedetti, an attorney who had represented EURA in the past and that they shared the opinion that the EURA Board can convey the property to another entity without affecting the current suit against EURA and the City. A lengthy discussion followed Windholz's remarks with a number of options for EDDA's role being examined. Windholz emphasized that an urban renewal authority's primary function was the elimination of blight and that they are not intended to be in the business of acquiring property to hold , but rather to acquire blighted property for private redevelopment or for public purposes. Director Celva told the Board that representatives of EDDA would be meeting with the EURA Board in the coming month. O. S~uth Broadway Widening Project Patty Mi~rs, of PKM Design, presented to the Boerd the most recent conceptual landscape design for the South Broadway Widening Project in the EDDA District. Miers explained that the two different diagrams showed both the work to be done in the current project and a proposed second phase that would have to be completed at sometime in the future when additional funds were available. She stated that input from the EDDA Board, as well as from interviews conducted with affected businesses had been used in determining the proposed design. Miers went on to answer specific question about the proposal with members of the Board. The meetin was adjourned at 6:10 PM. Respectfully submitted, Secretary