Loading...
HomeMy WebLinkAbout1993-10-13 EDDA MINUTESI' ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY 3333 SOUTH BANNOCK STREET SUITE 480 ENGLEWOOD, COLORADO 80110 (303) 781-7885 MINUTES OCTOBER 13, 1993 Members Present: Close, Collins, Kientz, Hathaway, Kaufman, Oxman, Sanchez Members Absent: Baird, Todd Staff Present: Celva Guests and Visitors: Chuck Reid, Assistant City Manager The October regular meeting of the Englewood Downtown Development Authority Board of Directors was called to order by Chairman Close at 12:15 p.m. 1. Introduction of Guests and Visitors Chairman Close introduced Chuck Reid . 2. Approval of Minutes s. Collins inquired if there were any additions or corrections to the Minutes dated, September 8, 1993. There being none, a motion was made, seconded and passed by voice vote to accept the minutes as presented. 3. Treasurer's Report The Treasurer's Reports for July, August and September were presented by G. Oxman. Oxman reviewed revenues and expenditures and related that expenses for the Facade Program were now beginning to be paid. A motion was made and seconded to approve the Treasurer's Reports as presented, the motion was passed by voice vote. 4. Chairman's Report ~hairman Close reviewed the EDDA meeting with Englewood City Council .. and ..... commented that he felt it had been productive and that Council had been supportive of the Authority's current work program. With the terms of two members of the Englewood Small Business Development Corporation expiring, Chairman Close requested the EDDA Board to suggest two nominees to fill these vacancies. After discussion, it was decided to submit the names of Ron 1 ; Kientz and Roger Robohm as nominees from EDDA. Director Celva was requested to secure Roger Robohm's agreement to serve in this capacity. The problem of two area businesses receiving large counterfit cashiers checks was discussed and Director Celva was requested to find information on a metropolitan "business crime watch". 5. Director's Report A draft of the proposed budget for 1994 was distributed to the Board, for their review. Celva reported that a revised Certification of Valuation had been received from the Arapahoe County Assessor's Office. This revised assessment corrected the figures received in August and increased valuation by approximately $4,000,000, which equates to $17,500 revenue for EDDA. Varied items in the proposed budget were discussed and Chairman Close suggested that Board members further review the budget for November's meeting. Director Celva reported that at long last physical progress on the Facade Program was visable on Broadway. Work on Robohms is scheduled to be completed within the next two weeks. Concurrently work should _begin on both the Armitage· Building and Land H Center. The remaining projects in this years program have not yet been scheduled. A request for financial support of the Englewood Parade teceived by -the EDDA office was presented to the Board. Celva reported that this item had been budgeted at $1,000, the amount donated in past years. After discussion, it -=..:was :movect ··and ··.seconded "That EDDA contribute $250 to this years Englewood Parade. Additionally a letter should be sent to the appropriate authority conveying the EDDA.Board's position that it can no longer support continuing the parade in future years. The motion ~assed unanimously. There being no further business the meeting was adjourned at 1:35 p.m. 2