HomeMy WebLinkAbout1987-07-15 EDDA MINUTESFORM 50 C. F. HOEC KEL e. e. & L. co.
RECORD OF PROCEEDINGS
ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY
3535 South Sherman -Englewood, CO 80110
Minutes
July 15, 1987
Board Members Present: Boselli, Ciancio, Coleman, Green, Otis,
Pendleton, Tomooka
Board Members Abent: Hale, Oswald
Staff Present: Penny Dietrich
Guests: Dick Hinson
100 Leaves
The regular meeting of the Englewood Downtown Development Authority Board
of Directors was called to order by Chairman Dan Green, at 12:10 p.m. on
July 15, 1987.
The Minutes from the previous meeting were presented for approval. Mr. Pen-
dleton moved, seconded by Mr. Boselli, to approve the Minutes from the
regular meeting on June 10, 1987. The motion was passe d unanimously by voice
vote.
The Treasurer's Report was presented by Ms. Dietrich. Mr. Tomooka moved,
seconded by Mr. Pendleton, to accept the Treasurer's Report, dated May 31,
1987.
Ms. Dietrich also distributed the Annual Report, prepared by Pric e Waterhouse,
The Authority has an agreement with the City for preparation of the annual
report in conjunction with the one prepared for the City.
CHAIRMAN'S REPORT
Mr. Green noted that City Council has reappointed Rick Boselli and Walt
Tomooka to the EDDA Board of Directors, each for one, four-year term.
He noted their accomplishments to-date, and indicated he is pleased to
have them participate again with the Downtown Development Authority.
F ORM 50 C. F. HOECK EL 8 . B. &: L. C O.
Minutes
July 15, 1987
Page Two
DIRECTOR'S REPORT
RECORD OF PROCEEDINGS 100 Leaves
~Savings -Ms. Dietrich reported on th e progress of the Welcome Presentation
to the new Key employees that are moving into the Downtown District. Origi-
nally, there were going to be sixty new employees in the downtown office, but
that number has been scaled back to about twenty. Ms. Dietrich noted that she
is still planning to present the Welcome Coupons from all the participating
merchants, but the timing has been moved back a couple of weeks.
Business Fair -Englewood Chamber of Commerce. The Chamber is planning to
sponsor a Business Fair in Englewood, scheduled for September 24. Further
details will be forthcoming. Ms. Dietrich noted that she has offered to assist
in the planning of this event.
Workshop Report -Ms. Dietrich reported on the workshop that she attended
during the first part of July. The topic was Promoting Downtown. She re-
viewed several specific points that she thought would be applicable to
Downtown Englewood. There is a large notebook that she has available for
checkout.
Farmer's Market -The Annual Englewood Farmer's Market has begun, and is lo-
cated at Cherokee and Floyd, (the old King Soopers lot). It opened on July 7,
and will remain open until October, every Tuesday from 11 a.m. to sell-out.
Ms. Dietrich indicated that she had started working on an overall image pro-
gram for Downtown Englewood and would have more specifics for this project
in about two weeks. It is expected this program will enable large and small
merchants to 'dove tail' their advertising to a Downtown Englewood promotion.
Urban Renewal Authority -Dick Hinson, Acting Director of the Urban Renewal
Authority, updated the Board as to the various activities and status of the
URA's projects.
Demolition of the old King Soopers block will begin by July 20. This will
eliminate an unsafe building structure as well as an eyesore in the Downtown
Area. It is expected that a contract with Lincor and the URA for the pur-
chase of the property will close on November 13.
Tranunell-<::row is expected to purchase the property for Englewood Marketplace
on July 23. The schedule for construction of approximately 100,000 square
feet has not been changed because of this minor delay. Mr. Hinson indicated
that Trammell-Crow had the financing commitment as well as a letter of
credit tu the URA for this project. The Construction is scheduled to begin
in October, with completion by early Spring.
Work on the conduit has been completed. Th e work on the Little Dry Creek
between Broadway and Clarkson is scheduled to be completed by October.
Rocky Roccoco has broke n ground for the construction of th e ir project.
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F ORM so C. F. HOEC KEL e. B. a l. co.
Minutes
July 15, 1987
Page Three
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RECORD OF PROCEEDINGS
OTHER -Sales tax revenues for the City of Englewood are still down.
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BOARD MEMBER'S CHOICE -Rick Boselli presented an overall improvement plan that
Cinderella City is expected to begin this September. He noted there were three
parts of it that included landscaping, banners, and entrance lights, both
exterior and interior. He noted Cinderella City would appreciate any consid-
eration from the EDDA for landscaping the public right-of-way at the entrance
to the shopping center at Highway 285 and Inca Street. There was general dis-
cussion and agreement that this project would fit nicely with the overall
program of beautification of Downtown Englewood.
Mr. Green noted that the request would be forwarded to the Finance Subcommittee
and a recommendation would be forthcoming as soon as more specific information
was available from Mr. Boselli. Mr. Boselli will send specific information as
to costs and project requirements to the EDDA Board. There was general
agreement that this project would further enhance the appearance and flavor of
Downtown Englewood.
It was also noted that the strip along Highway 285 from Cinderella City to
Santa Fe could certainly use sodding and/or landscaping to give the entrance
into Downtown Englewood a better "Welcoming" appearance. The intersection at
Highway 285 and Broadway was used as an excellent example of what beautification
could do for a city. Ms. Dietrich indicated that she would follow up on this
suggestion.
All members recessed into Executive Session at 1:20 p.m. to consider the
Executive Director's Annual Review. The Board came 0ut of Executive Session
at 1:30 p.m.
As there was no further business, the meeting was adjourned at 1:30 p.m.