HomeMy WebLinkAbout1992-10-14 EDDA MINUTES"
ENGLEWOOD DOWNTOWN
DEVELOPMENT AUTHORITY
3333 South Bannock Street, #480
Englewood, Colorado 80110
Members Present:
Members Absent:
Staff Present:
Visitors/Guests:
MINUTES
October 14, 1992
Birdsall, Close, Collins, Hathaway, Kaufman,
Pendleton, Shepherd
Green, Myhre, Oxman, Watts
Celva, DeGray, Pardys
None
The October regular meeting of the Englewood Downtown Development
Authority Board of Directors was called to order by Chairman Close
at 12:20 p.m.
1. Introduction of Guests and/or Visitors
H. Celva introduced Richard Pardys to the Board members who were
not in attendance at the September 9 meeting. Pardys is interning
with the EDDA, working on the Broadway Downtown Business Improve-
ment Program.. He is doing ary inventory of buildings along Broadway
to decide which buildings are of architectural importance and where
basic renovations would be of value.
2. Approval of Minutes
Secretary s. Collins inquired whether there were any comments
regarding or changes to the Minutes dated September 9, 1992. It
was moved to accept the Minutes as written. The motion passed by
voice vote.
Secretary s. Collins inquired whether there were any comments
regarding or changes to the Minutes of Special Meeting dated
September 23, 1992. It was moved to accept the Minutes as written.
The motion passed by voice vote, with abstention of R. Hathaway
noted, as she was not in attendance.
3. Treasurer's Report
The August Treasurer's Report was presented at this meeting by
Treasurer G. Birdsall, as specified in the September minutes.
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MINUTES
October 14, 1992
Page Two
Motion was made to accept the August Treasurer's Report as written;
motion carried by voice vote.
The September Treasurer's Report was also presented. Birdsall
noted that revenues received comported percentagewise with revenues
at the same point in previous years. Expenditures are at 58%,
basically because certain major budgeted expenditures have not yet
been incurred or deducted $50,000 for the Small Business
Development loan program, $45,000 for Christmas decorating and
advertising, and $25,000 for signage. Motion was made to accept
the September Treasurer's Report as written, subject to correction
of reporting for "Reserve for Property Tax Refunds/Abatements" line
item; motion carried by voice vote.
4. Chairman's Report
Chairman Close introduced the matter of selecting a replacement for
Director T. Myhre following Myhre's resignation at the September
meeting. It was suggested by the Board that H. Celva should invite
the store managers of Jewelfire Diamonds and Joslins to the next
EDDA Board meeting, in this connection.
5. Board Member's Choice
a. R. Hathaway advised the Board that the EDDA request for
financial funding assistance from the City for certain 1993 EDDA
activities has "fallen through a crack" in the City budget process.
To partially compensate for this omission, a directive authorizing
City support of 1993 EDDA activities by $10,000 "in kind"
assistance is currently proposed and due for Council consideration.
s. Kaufman suggested that the EDDA funding request for financial
assistance be accompanied by a document which chronologically
details EDDA activities/assistance to the city over the years, as
backup to substantiate the 1994 request.
b. s. Kaufman reported to the Board regarding a meeting
arranged by Fred Kaufman between property owners on the east side
of Broadway (at the Englewood Appliance location) and Roger Fraser,
regarding renovation or restoration of that block. R. Hathaway
suggested this possibly might be accomplished through Project
Rebuild, although research would be necessary since the project
would be more renovation than rebuilding.
c. L. Shepherd commented on independent efforts made by
individual business owners to improve their business facades and
signage. R. Hathaway suggested these businesses could be nominated
for awards through the City of Englewood Clean, Green & Proud
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MINUTES
October 14, 1992
Page Three
program. H. Celva was directed by the Board to pursue EDDA giving
its own awards, some type of recognition certificate, on a monthly
basis.
d. G. Birdsall reported that the Owner's Promotion at
Cinderella City Mall was underway.
e. R. Hathaway advised that negotiations continue with RTD
on the circulator bus project for Englewood. This circulator bus
project approval seems to be dependent on RTD receiving light rail
extension approval.
6. Director's Report
a. Budget --H. Celva presented to the Board the 1993 EDDA
Budget for approval. Motion was made by G. Birdsall, seconded by
s. Collins, to approve the 1993 Budget as published. Motion
carried.
b. Mill Levy --H. Celva advised that considering the 1993
assessments for the EDDA District, an increase in the 1993 EDDA
mill levy to 5 mills was necessary to generate revenue comparable
to 1992. Motion was made by L. Shepherd, seconded bys. Kaufman,
to request a 1993 mill levy of 5 mills. Motion carried.
c. Other
i) Facade Program --by the November meeting, there
will be five to six recommendations of businesses which could
utilize the facade revitalization program. It is necessary that,
as a condition of investment of this money in private property, the
landlord must agree that rents will not be raised for current
tenants as a result of the facade improvement.
ii) A cooperative advertising program is being developed
for holiday advertising with the EDDA and Cinderella City and
Downtown merchants.
As there was no further
p.m.
meeting was adjourned at 1 :·so