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HomeMy WebLinkAbout1994-12-14 EDDA MINUTESr ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY 3333 South Bannock, Suite 480 Board of Directors Minutes 12/14/94 Members Present: Close, Coleman, Collins, Duemke, Kaufman, Kientz, Pfannensteil, Sanchez, Hathaway Members Absent: Oxman, Todd Staff Present: Celva, Doyle Guests/Visitors: Doug Clark, Englewood City Manager I. Lee Merkel, Director of Community Development Introduction of Guests and Visitors The meeting was called to order at 12:00 noon. Harold Celva welcomed Englewood City Manager, Doug Clark, and Director of Community Development, Lee Merkel. II. Director's Report A. city Manager, Doug Clark relates his perceptions regarding Englewood, economic development and the relationship of business to the public sector. Doug Clark has been in public service for the past 18 years with a background in City Planning. He graduated from the University of Omaha. As City Manager of Pella, Iowa a large part of his time was spent working on public power issues. He stated that with deregulation public power will be going through a dramatic change in the next 3 to 5 years. Mr. Clark felt that Englewood is in a transition period, with issues facing Englewood that are more common to an inner city area than to a suburban area. He stated that decisions made today have long term implications. His two priorities as City Manager in this community are economic development and housing. He feels they are very complementary to each other. The housing in Englewood is at least 50 years old. He wants to use census data and a field survey to help set a direction, but feels that even with this data, other , issues might influence the type of housing stock that will be built. Mr. Clark, reported that economic development has changed from being a quiet process to being very open and competitive. While recruitment is important you still see most job growth through incumbent industry. In the northwest industrial sector Mr. Clark feels it will exceed a 30% to 40% rate of growth in the coming years. The three things Mr. Clark will be focusing on as City Manager are business retention, industrial retention and new business development. After the City's three month due diligence period with Cinderella City and the developer he is concerned with the Broadway corridor all the way from Denver to Littleton. Within the next year the city needs to be concerned with developing long term strategies. B. Director of Community Development, Lee Merkel on proposed Cinderella city re-development. Mr. Merkel reported that the selection committee and the advisory groups had spent two days with four potential developers of the site. Additional interviews with each of these four will be conducted on December 19th and 20th and hopefully a recommendation will be made to City Council in mid-January. Merkel stated that the developers believed the site to be viable for a retail project with a five mile radius market area. After the C1ty concludes an agreement with the current owners and all due diligence is performed the site can be turned over to a developer. Demolition and construction will most probably begin once leasing reaches 65% of capacity. Mr. Merkel presented the Board with three examples of current conceptual plans. C. Other III. Approval of Minutes Chairman Close asked if there were any additions or corrections to the minutes of the November 9th meeting. There being none a motion was made by Kientz, seconded by Hathaway and passed unanimously approving the minutes as presented. IV. Treasurer's Report The Treasurer not being present a report was not made. v. Chairman's Report (Executive Session) A. Annual Review of Executive Director The Board approved an annual salary increase of $1,000.00 and a performance bonus of $2,000.00 for Executive Director, Harold Celva. B. Other VI. Board Members Choice There being no further business Hathaway made a motion to adjourn meeting, Coleman seconded and passed the motion. The meeting was adjourned at 1:45 p.m. submitted,