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HomeMy WebLinkAbout1986-11-12 EDDA MINUTESFORM ~o C. F. HOECKEL e. 8. a L. co. RECORD OF PROCEEDINGS ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY 3535 S. Sherman -Englewood, CO 80110 Minutes November 12, 1986 100 Leaves Board Members Present: Boselli, Ciancio, Coleman, Green, Mausolf, Otis, Pendleton, Tomooka Board Members Absent: Oswald Staff Present: P. Dietrich Guests: Dorothy Dalquist, Susan Powers The regular meeting of the Board of Directors of the Englewood Downtown Development Authority was called to order by Chairman Dan Green at 11:57 AM on November 12, 1986. The minutes from the previous meeting were presented for approval. Mr. Pendleton moved, seconded by Mr. Tomooka, to approve the minutes from the regular meeting on Ocotber 8, 1986. The motion was passed unanimously by voice vote. The Treasurer's Report was presented by Director Dietrich. Mr. Tomooka moved, seconded by Mr. Mausolf, to accept the Treasurer's Report, dated September 30, 1986. The motion was passed unanimously by voice vote. CHAIR}1'AN'S REPORT 1987· Budget -Mr . Pendleton presented the proposed 1987 budget, as prepared by the Budget Subcommittee. He noted that it is a very realistic budget, as well as very conservative. Questions were raised concerning the office equipment lease and the office lease. Expenditures for legal expenses were discussed. Mr. Pendleton mentioned that the budget is presented in a very comprehensible form. Mr. Mausolf moved, seconded by Mr. Boselli, to adopt the proposed budget for 1987 as presented by the Budget Sub Conunittee. The motion was passed unanimously by voice vote. Task Force -Mr. Green asked Mr. Boselli to update the Board on the activities of the Downtown Task Force. Mr. Boselli noted that there are nine projects: slide show, redevelopment history, economic book, cable television, special events in downtown, a calendar of events, media coverage, identity theme, and a beautification program for the entranceways into downtown as well as the city limits. He complimented the Task Force on the progress to date and believes that much progress is being made in the area. FORM 50 C. F. HOECKE L B. B. &-L. CO. Page Two Minutes November 12, 1986 DIRECTOR'S REPORT RECORD OF PROCEEDINGS 100 Leaves Holiday Lights -Ms. Dietrich reviewed the activities that are planned for the event on November 24 that the EDDA is sponsoring. There has been a lot of cooperation and enthusiasm from the merchants and business owners on Broadway for this event. Urban Renewal Authority -Buyers' Club will have a Grand Opening on Nov. 11, 1986 at 8:00 AM. Home Club is expected to be completed by March, 1987. Silo's and Rocky Roccoco are also expected to be completed by that time. Floyd Realignment -Work is almost completed and Floyd Avenue will be reopened by the end of November. Little Dry Creek -Work continues on Little Dry Creek and there are no unforeseen problems at this time. JBC -Ms. Powers reported that the URA is expected to close with JBC Corporation on the Phase II of the Redevelopment Project within 30 days. Also, she noted that there has been some discussion for a movie theater complex on this site in addition to the proposed housing. Board Member's ·Choice -Mr. Coleman presented his concept of what a radio advertising program might be for Englewood. He described what he thought the benefits were of Englewood as well as the potential for attracting customers from the region. Discussion ensued. The primary purpose of this type of advertising campaign would be to attract businesses and developers as well as to encourage businesses to expand their own businesses in the area. Ms. Powers noted that the State of Colorado is developing a larger program to promote the State as well as attract economic development. This could be a very positive step for the downtown business district. As there was no further business, the meeting was adjourned at 1:44 PM. espectfully submitted, ·----... Walt Secretary