HomeMy WebLinkAbout1993-03-10 EDDA MINUTES., ,
'
ENGLEWOOD DOWNTOWN
DEVELOPMENT AUTHORITY
3333 South Bannock street, Suite 480
Englewood, Colorado 80110
MINUTES
March 10, 1993
Members Present: Birdsall, Close, Collins, Green, Oxman, and Shepherd
Hannon, Hathaway, Kaufman Members Absent:
Staff Present: Celva, Pardys, BeDore
The March regular meeting of the Englewood Downtown Development Authority Board
of Directors was called to order by Chairman Close at 12:15 p.m.
1. Approval of Minutes
S. Collins inquired if there were any comments regarding, or changes to,
the Minutes dated February 10, 1993. A motion was made, seconded, and
passed by voice vote, to accept the Minutes as written.
3. Treasurer's Report
4.
The Treasurer's Reports for January and February, were presented by G.
Birdsall. It was moved, seconded, and passed by voice vote to accept the
reports as presented.
Director's Report
A. The proposal of a Summerfest Carn ·ival was discussed. The Win-Win
Organization has recently approached EDDA in regards to moving the
Summerfest Carnival to Englewood. Cinderella City is not open to
having the purposed carnival in grade parking lot north of the Mall.
There was discussion as to an optional venue for this event, if
Cinderella City was not available.
Another concern was that the EDDA Board has delegated its funding to
the facade program, and -is very dedicated to seeing the Facade
Project through completion. The Board had arrived at the decision
that areas of improvement such as the Facade Program, would be their
primary focus and that events would be limited to the Sounds of
Sununer Concert series and the Fishing Derby.
1
~.
\
. .
Minutes
March 10, 1993
Page 2
Also the timing of the carnival was in question, as it will be
playing in be in Littleton the week before it is schedule to appear
here. The possibility of crowd burn-out was mentioned.
The Board of Directors concluded with saying that although it would
welcome the opportunity to work with the Chamber of Commerce and the
City in a combined effort, it did not at this time feel this was the
proper project for EDDA funding.
B. In a discussion of Facade Program, questions were raised by Board
member Shepherd as to the necessity of a covenant between the EDDA
and property owners. H. Celva explained that the use of public
funds in the private sector entails a certain complexity and that
the city attorney probably was well qualified to suggest process.
He stated that any improvements paid for by EDDA funds should be
protected from change or revision over a period of time. Also H.
Celva felt that the EDDA should monitor the renovations and the
funding to preserve and protect the integrity of the program. The
current proposed covenant would cover a ten year period. L. Shepherd
thought that such a contractual agreement may slow down the process.
It was asked that H. Celva speak again with the City Attorney
regarding any other options that might be available.
C. The possible moving of Englewood Station was discussed, and the
Board decided that H. Celva should stay informed and involved with
any action being taken with the station. But as for now the Board
was not in position to take action at this time.
D. The Broadway Merchant ID Signs have been comp 1 eted, the cost was
approximately $17.00 per sign when the work was contracted to the
Englewood Traffic Department compared to the quote of $90.00 per
sign by Century Sign. "Good job, Director" from L. Shepherd.
Chainnan's Report
Chairman Close opened the discussion on Cinderella City to the Board,
after clarifying that some of the statements recently made by City Manager
Roger Fraser may have been mis-construed at the recent meeting held at
Cinderella City regarding the mall doing new leasing.
G. Birdsall reported that since Christmas Cinderella City has lost 16
tenants, and will probably lose 6 more by the end of March. Most of these
were a result of 10 year leases expiring and that it should not really
cause a panic with other tenants. G. Oxman asked if it were possible for
Cinderella City to continue operations with the existing tenants . G.
Birdsall stated he had never to his knowledge known of a mall closing.
2
' .
• 1 ' .
Minutes
March 10, 1992
Page 3
Meeting Minutes, dated February 22, 1993, regarding the Southwest Corridor
AA/DEIS Project were passed out to the Board. Of note was the consultants
opinion that not placing a transit station at Cinderella City, for the
reasons stated by City staff, was "archaic", since many successful exist
projects integrating transit into retail developments.
Discussion of the information presented regarding the MAS Study ensued.
Concerns expressed by the Board members included the following:
-study results being kept secret by the City.
-lack of expertise regarding retail in the city government.
-too much reliance placed on MAS Study.
-"big box" retail a trend with a limited life cycle.
H. Celva stated the very little in relation to concepts was relevant until
such time as a developer was on board and he only hoped that no parameters
became cast in concrete until that time.
There being no further business the meeting was adjourned at 2:00 pm.
SEC:jmb
file:C :\WPS1\jm\MIN293
3