Loading...
HomeMy WebLinkAbout1990-01-10 EDDA MINUTESRECORD OF PROCEEDINGS 100 Leaves FORM ~O C. F, HOECKEL B. 8 . & L. CO. ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY 3333 south Bannock -Englewood. co ao110 Members .... resent : Members Absent: Staff Present: Guests/Visitors: MINUTES January 10, 1990 Birdsall, Close, Green, Hathaway, Pendleton, Shepherd, Steele, Tomooka Breier, Chavez, Oxman Hayes, Miller P. Pepper, K. Settle (attending for A. Chavez), R. Wanush ~ The regular meeting of the Englewood Downtown Development Authority Board of Directors was called to order by Chairman Walt Tomooka at 12:10 p.m. He began by introducing Kay Settle who is Anna Chavez' assistant and attending the meeting in her absence. Chairman Tomooka then asked for a motion to approve the Minutes of the December 13, 1989 meeting. G. Close moved, seconded by R. Hathaway to accept. the Minutes as written. Motion passed unanimously by voice vote. TREASURER'S REPORT Mr. Pendleton noted there was little change in the expenditures and revenues for the month of November. He went on to explain the $27, ooo revenue shortfall was due to assessments on properties in the district and the subsequent objections to those assessments by some individual taxpayers. Mr. Green asked what the estimated revenues for December would be and was told the amount was thought to be under $5,000 (per R. Wanush). Mr. Pendleton also noted that even with this reduction in revenues the year end balance is estimated to be between $20,000 and $25,000. Chairman Tomooka asked for a motion to accept the Treasurer's Report dated November 30, 1989. R. Hathaway moved, seconded by D. Green. The motion passed unanimously by voice vote. CHAIRMAN'S REPORT Chairman Tomooka did not have a report and deferred to P. Hayes DIRECTOR'S REPORT computer Purchase P. Hayes reported B. Pendleton assisted her in finalizing the purchase of the new computer. She commented that the system had already become an asset to the staff and was well worth the investment. She also noted that she and her assistant would be able to receive tutorial support from the supplier with instruction beginning j mmediately and as often as needed. FORM SCI C. F. HOEC KEL 8. 8. & L. CO. MINUTES January 10, 1990 Page Two EPPA Parking Lot RECORD OF PROCEEDINGS 100 Leaves P. Hayes reported after the January 15, 1990 payment to Mr. Litman Sachter, the total payoff amount for the parking lot on South Lincoln will be $4,789.19. The closing has been tentatively scheduled for January 29. She also noted that Rick Dewitt, City Attorney for the City of Englewood would most lik~ly be handling the closing. 1990 Budget ,,,. P. Hayes noted the B. Pendleton would be discussing the 1990 Budget and asked that she be allowed to finish her report before the discussion began. Request was granted. ordinance #33 -Mill Levy Approval P. Hayes explained the 4.661 mills requested by the EDDA was approved, which is an increase over the mill levy approved for last year in an effort to make up the loss in revenues for 1989. But, as she also noted, this increase is by no means a guarantee the revenues would be collected. Englewood Education Foundation/Partners for the Future P. Hayes reported that she has been asked to serve on this board of directors whose goal is to make a difference in Englewood students through programs involving educational, civic and business communities to strengthen student motivation. She said she would keep the Board updated on activities of this new organization. Incentive Program Following ·the Executive Committee meeting it was proposed that an incentive program be created to encourage new businesses to move into downtown Englewood. This program is similar to the Recruiting Program developed by the EDDA for the Greater Englewood Chamber of Commerce, but different in that two additional groups would be asked to become involved: The South Metro Denver Chamber of Commerce and the Englewood Economic Coalition. G. Close commented that he wondered if the program would be any more successful -than the one in the past. He noted that his firm was the only one able to take advantage of this program in the 15 month period it was in effect. The concern is for active recruitment and for the incentive money, (an amount yet to be determined and distributed from the EDDA budget), to be given to the busine1:ts that is recruited and relocated into the district, not to the organization who put the agreem·ent"· together. L. Shepherd felt the $1,000 ~mount used. in ~he past was inadequate incentive for a new business moving into the district. R. Wanush also commented that every aspect of this program, the second time around, really needs to be looked at closely. He ~ugges~ed brokers an? real estate agents be notified when (if) this incentive would be available for their clients. R. Wanush then suggested that P. Pepper put together a presentation for the next board meeting. P. Pepper. commented that follow up on ··any type of leads in the area was essent1a~ a~d. ~hould be a spe i f ic responsibility of an individual(s) if the program is 1n1t1ated. FORM !)a C. F. HOECKEL B. B. a L. CO. MINUTES January 10, 1990 Page Three RECORD OF PROCEEDINGS Englewood Jaycees Nomination 100 Leaves P. Hayes noted that she has been nominated by the Englewood Jaycees as the Englewood representative for Outstanding Young Coloradoan, an award involving statewide competition, culminating with an awards banquet in February . She was flattered and honored to be nominated by the local civic group. urban Renewal Authority R. wanush reported that tenants are being recruited for the Buyer's Club building which is now empty. Because it was funded by industria.1 development bonds, which heavily restricts the use of the property, (no theatres, no liquor-based business, auto related uses, etc.) it is slightly more difficult to lease. P. Hayes then asked that a clarification be made regarding an erroneous statement made in the November, 1989 Minutes in which Mr. Wanush was said to have stated that the City of Englewood would be conducting a search for a new director of the Urban Renewal Authority. The statement was corrected. There is no search going on or planned for this position. other P. Hayes noted that in the most recent issues of the Colorado Business Magazine, and in the South Metro Denver Business Magazine are very positive articles regarding Englewood. She also reported that she had placed ads for the downtown area in both publications. 1990 Budget B. Pendleton conducted the budget session explaining line items and justifications for increases and decreases for each category. L. Shepherd was co~cerned if the EDDA was supje~t to the Local Government Budget .Law. P. Hayes said she would clarify this with City Attorney, Rick Dewitt and report to the board of directors at the February meeting. Discussion of line items continued. All line items were approved with the following exceptions: 1) The loan created between the EDDA and Mr. Litman Sachter will be paid in full at a tentative closing set for January 29 in the amount of $4,789.19. The parking lot will then be deeded over to the City of Englewood and will be maintained by the City of Englewood. 2) The balloon payment for the loan created between the First Interstate Bank of Englewood and the EDDA for the public improvements on South Broadway is due December 31, 1990 in the amount of $61,104. The funds for this payment were encumbered when the loan was established and will be transferred to the budget from the EDDA General Fund. 3) R. Hathaway made a motion that medical benefits be approved for the administrative assistant based on the same criteria as a part time employee (less than 40 hours per week but more than 20) of the City of Englewood. Full-time employees pay 15% and1 the City F"ORM 50 C. F. HOECKEL 8. 8 . & L. CO. MINUTES January 1990 Page Four • • RECORD OF PROCEEDINGS 100 Leaves pays 85%. The City then pays 50% of the 85% for the part time employee. The EDDA would pay this 50% estimated to be no more than $2,500 for 1990. This adjustment to line item #5, with funds from the contingency fund, was seconded by B. Pendleton and passed unanimously by voice vote . With discussion complete G. Close moved to adopt the 1990 Budget as amended, seconded by R. Hathaway, the motion passed unanimously by voice vote. OTHER R. Hathaway mentioned that the University of Colorado, School of Urban Regional Planning, has completed the first of two studies both of which concentrate on Englewood, the first is entitled "A Profile of Englewood's Southeastern Industrial Zone" and the second study will focus on the Broadway corridor. P. Hayes has a reference copy in the EDDA office. As there was no further business, the meeting was adjourned at 1:47 p.m. ' ! J - RESOLUTION NO. '/ SERIES OF 1990 T A RESOLUTION APPOINTING COUNCIL MEMBERS TO TERMS ON BOARDS AND COMMISSIONS OF THE CITY OF ENGLEWOOD. WHEREAS, the various boards and commissions established by the Englewood Horne Rule Charter or the Englewood Municipal Code have certain terms of membership; and WHEREAS, because of resignations or expirations of terms from time to time, vacancies occur which require appointments by City Council or the Mayor; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, that the following appointments of Council Members to vacancies and expired terms on the following Boards and Commissions are hereby made: Section l. Englewood Downtown Development Authority Rita Hathaway reaffirm appointment for tenure Section 2. Firemen's Pension Board Susan Van Dyke -Mayoral requirement for tenure as mayor Section 3. Police Pension Board Susan Van Dyke -Mayor requirement for tenure as mayor Section 4. Englewood Housing Authority Roger Koltay reaffirm appointment to term expiring 7/1/94 Section 5 ·. Parks and Recreation Commission Clyde Wiggins appointed for term 2/1/90 to 2/1/94 Section 6. Public Library Board Alex Habenicht reaffirm as liaison for tenure Section 7. Retirement Board Roger Koltay reaffirm appointment for tenure Section 8. Urban Renewal Authority Tim Bullock appointed to fill term commencing 2/5/90 to expire 2/5/95. -1 - ! ~ . -I·,· Section 9. Water and Sewer Board Alex Habenicht reaffirm appointment for tenure Tim Bullock appointed to fill former Council member's term for tenure Section 10. City/School Committee Clyde Wiggins and Roger Koltay appointed to fill positions of former Council Member Byrne and Council member Hathaway Section 11. D.R.C.O.G. Rita Hathaway as delegate for tenure Tim Bullock as alternate for tenure Section 12. C.M.L. Policy Committee I Bill Clayton as representative for tenure Alex Habenicht as alternate for tenure Section 13. Malley Center Trust Fund Rita Hathaway Section 14. Economic Development Coalition (formerly Downtown Task Force) Susan Van Dyke ADOPTED AND APPROVED this 15th day of January, 1990. ~ ;;cd/~ Patricia H. Crow, City Clerk I, Patricia H. Crow, City Clerk for the City of Englewood, Colorado, hereby certify the above and foregoing is a true copy of Resolution No. f-' Series of 1990. ~~Ld/Cu/ arici H. Crow -2 - ,·-: