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HomeMy WebLinkAbout1986-07-09 EDDA MINUTESFORM ~ C. F. HOECKEL e. e. a L. c o. RECORD OF PROCEEDINGS ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY 3535 S. Sherman -Englewood, CO 80110 Minutes July 9, 1986 100 Leaves Board Members Present: Boselli, Coleman, Green, Otis, Pendleton, Tomooka Board Members Absent: Mausolf, Oswald Staff Present: P. Dietrich Guests: Jim Bowers, Dorothy Dalquist, Fred Kaufman, Susan Powers, Melinda Wetzel The regular meeting of the Board of Directors of the Englewood Downtown Development Authority was called to order by Chairman Dan Green at 12:08 PM on July 9, 1986. The minutes from the previous meeting were presented for approval. Mr. Coleman moved, seconded by Mr. Pendleton, to approve the minutes from the June 11, 1986 regular meeting. The motion was passed unanimously by voice vote. In the absence of Mr. Oswald, Treasurer, Mr. Green presented the Treasurer's Report. Mr. Otis moved, seconded by Mr. Coleman, to accept the Treasurer's Report as presented. The motion was passed unanimously by voice vote. CHAIRMAN'S REPORT Laventhol & Horwath Market Analysis Report -Ms. Dietrich reviewed the summary and recommendations that were presented in the L & H Report. There was a general consensus regarding the recommendations of the report, and the direction that EDDA should pursue at this time. Most specifically, this report could be referred to when talking to realtors and leasing agents, etc. about the downtown di.strict. This could include uses relating to office, residential, retail, and medically related. Mr. Pendleton wanted additional information on the amount of square footage recommended at the new Safeway site for additional retail uses. Tr.e Director will follow up on this request. Mr. Coleman noted that he believed an advertising agency to promote the downtown redevelopment project would be a very logical next step. Also, a timetable needs to be determined, based on the com- pletion dates of the redevelopment project. Discussion ensued. Other -Mr. Green asked Mr. Pendleton to make the appropriate presentation to Fred Kaufman in appreciation of his contribution to the EDDA Board of Directors. Mr. Pendleton noted that Mr. Kaufman had been on the EDDA Board.of Directors from 1979 to 1986, and had served the downtown business district very well with his ideas, thoughts, and insights. His contri- butions will be missed by the entire Board. Nom~nat 7ons -The Board wiil submit a list of names to City Council for nominations to the EDDA Board of Directors. Mr. Pendleto~ moved seconded by Mr. Boselli, to submit the names of Dave Ciancio Carl Welker' and Ke Hope to the City Council. The motion was passed un~nimously by ~oice vo~e. FORM SO Page Two RECORD OF PROCEEDINGS 100 Leaves July 9, 1986 DIRECTOR'S REPORT Payment of Loan -Ms. Dietrich noted that a balloon payment of $147,000 will be due in five years on our public improvement loan. At this time, she recommended that $10,000 by paid to reduce this balance, the amount taken from Conting e ncy Account. Mr. Pendleton moved, seconded by Mr. Tomooka, that $10,000 be paid towards the balance due on the loan. Dis- cussion ensued. Ayes: Bos e lli, Coleman, Otis, Pendleton, Tomooka Nays: None Absent: Mausolf, Oswald Abstain: Green The motion was passed. Englewood Parkway~ The lights were in place for the Englewood Parkway. with about 50 people in attendance. turned on and the landscaping is now This celebration took place on June 26, Chamber of Commerce CoffeeBreak -The City of Englewood Chamber of Commerce sponsors coffee breaks. The EDDA will host a coffee break on July 10, 1986 from 8:30 AM to 10:00 AM, and the Board is welcome to attend. -------------------- Urban Renewal Authority -Buyers Club has signed a contract with URA , an= the building will be ready before Thanksgiving weekend. Also, Home Club will be on site about 60 days after the opening of Buyers Club. This will be a total of approximately 200,000 square feet of retail space in downtown Englewood. Floyd Realignment -The realignment of Floyd will begin next month, and · is .expected to take about 60 days. There has bee.n some delay in the pro- ject due to the negotiations with the United States Post office. Other -Ms. Dietrich noted that she will meet with Densel Ragland and Leon Kuhn to discuss the possibility of holiday lighting for the lights on Broadway and also Englewood Parkway. Board Members' Choice -Mr. Tomooka suggested the possibility of a question- naire distributed to Englewood citizens regarding the use of a restaurant. Questions regarding the dollars spent in restaurants ond the types of meals wanted would be included in this questionniare. Mr. Boselli aksed about information regarding the Liquor License Authority's denial of the Trolley Square Liquor license application last month. Discussion ensu e d. There being no further business, the meeting was adjourned at 1:46 PM.