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HomeMy WebLinkAbout1987-04-01 EURA MINUTES• • • ENGLEWOOD URBAN RENEWAL AUTHORITY April 1, 1987 I. CALL TO ORDER. The regular meeting of the Englewood Urban Renewal Aut hority was ca lled to order at 5:40 P.M. by Chairman Robert J. Voth. Members present: Susan VanDyke, James Totton, Robert Voth, Ruth Cole Alice Hanson, Non-voting Alternate Member Susan Powers, Executive Director/Executive Secretary Members absent: Betty Keena, Robert Mcintyre, Melvin Minnick Kristi Daugherty, Non-voting Alternate Member Also present: Legal Counsel Paul C. Benedetti Assistant Director William Hinson City Manager Mccown EDDA Executive Director Penny Dietrich Negotiation Consultant Ron Myles Rus Hackstaff, Ross Investment Group Bill Rothacker, Trammell Crow Ann Sperling, Trammell Crow II. APPROVAL OF MINUTES . March 4, 1987 Chairman Voth stated that the Minutes of March 4, 1987 were to be considered for approval. Totton moved: Cole seconded: The Minutes of March 4, 1987 be approved as written. AYES: NAYS: ABSENT: ABSTAIN: Totton, VanDyke, Voth, Cole None Minnick, Keena, Mcintyre None The motion carried. Mr. Minnick entered the meeting and took his chair with members of the Authority. III. ROSS INVESTMENT GROUP/TRAMMELL CROW Englewood Marketplace Project Ms. Powers introduced Ms. Ann Sperling and Mr. Bill Rothacker of Trammell Crow , and Mr. Rus Hackstaff of Ross Investment Group. They are in attendance to update the Authority members on their progress on the Englewood Marketplace project. Mr. Bill Rothacker stated that he and Ms. Sperling will be discussing con- tacts they have made with prospective tenants for the development. He stated that the contacts are sufficiently firm that Trammell Crow is willing to waive - 1 - c the anchor tenant contingency of April 15 as set forth i n t he Developm ent Agreement. Minnick moved: Totton seconded: The Urban Renewal Authority go int o Exe cu tive Sessio n . AYES: NAYS: ABSENT: ABSTAIN: Totton, VanDyke, Voth, Cole, Minnick None Keena, Mcintyre None The motion carried. * * * * * * * * * * Director of Engineering Services Densel Ragland entered the meeting at 6:10 p.m. Ms. Kristi Daugherty entered the meeting at 6:12 p.m. and took her chair with members of the Authority. * * * * * * * * * * Minnick moved: VanDyke seconded: The Urban Renewal Authority come out of Executive Session. AYES: NAYS: ABSENT: ABSTAIN: VanDyke, Voth, Cole, Minnick, Totton None Keena, Mcintyre None The motion carried. IV. LAND ACQUISITION First Interstate Bank Property Mr. Hinson discussed the need to acquire a 40 space parking lot north of and adjacent to the property formerly owned by Mr. and Mrs. Charles Bell on South Bannock Street, which parking lot is owned by First Interstate Bank, and must, by resolution of the City Planning and Zoning Commission, be maintained for parking purposes for the Bank. Mr. Hinson reviewed the efforts of the Au- thority to enact a lease agreement with the Bank for a portion of a parking lot north of Floyd Avenue, which lease agreement the Bank has never executed, yet this parking area is being used by the Bank with no monetary benefit to the Authority. Mr. Hinson posed the possibility of approaching the Bank of- ficers with a proposal to trade the properties in question; the Authority would then have title to the property on South Bannock Street which is needed for the Englewood Marketplace Project, and negate the need for a lease agree- ment on the parking area north of West Floyd Avenue. Mr. Hinson stated that the Planning and Zoning Commission would be asked to amend or modify the resolution to which he referred. If this proposal meets with the approval of the Authority, the staff is asking for direction to formally approach the Bank officers with the proposal as outlined for the Authority. Discussion ensued. - 2 - • • • • • • Minnick moved: Cole seconded: The Authority direct the staff to discuss the land transac- tion as outlined by Mr. Hinson with officers of the First Interstate Bank. AYES: NAYS: ABSENT: ABSTAIN: Voth, Cole, Minnick, Tatton, VanDyke None Keena, Mcintyre None The motion carried. V. LITTLE DRY CREEK Conduit Extension Ms. Ragland stated that bid proposals for the extension of the Little Dry Creek reinforced box culvert were opened on March 27, 1987. Fifteen bids were received, all of which were lower than the engineer's estimate of the project cost. Flatiron Structures Company were low bidders at $594,508.00. Back - ground investigation of Flatiron Structures Company indicates that they have done extens i ve road and bridge work for the Colorado Department of Highways, and would have the expertise with the type of work required on this project. Ms. Ragland further discussed the staff's investigation of Flatiron Structures Company, and noted that there have been some personnel changes in recent years. Ms. Ragland stated that the staff does recommend that the contract for Little Dry Creek Channel Improvements in Downtown Englewood, Phase I, be awar- ded to Flatiron Structures Company . Ms. Ragland discussed a proposed budget for this project, which is: 1. 2. 3 . 4. Construction (per low bid) Contingency of 10% Inspection Services -Mclaughlin Water Engineers Materials Testing Services -CTL Thompson $594,508.00 $ 59,450.00 $ 60,000.00 $ 22,000.00 $735,958.00 Totton moved: Cole seconded: The Urban Renewal Authority award the contract for con- struction of Little Dry Creek Channel Improvements in Down- town Englewood, Phase I, to Flatiron Structures Company for a contract amount of $594,508.00. AYES : NAYS: ABSENT: ABSTAIN: Cole, Minnick, Totton, VanDyke, Voth None Keena, Mcintyre None The motion carried. Ms . VanDyke excused hers elf from the meeting . - 3 - Minnick moved: Cole seconded: The contract for Inspection Services on the Little Dry Creek Channel Improvements in Downtown Englewood, Phase I, be awarded to Mclaughlin Water Engineers in the amount of $60,000. Staff is asked to monitor the subcontractor charges on this contract to assure there is no percentage markup on charges. AYES: NAYS: ABSENT: ABSTAIN: Minnick, Totton, Voth, Cole None Keena, Mcintyre, VanDyke None The motion carried. Ms. VanDyke entered the meeting and took her chair with the Authority . Minnick moved: Totton seconded: The Urban Renewal Authority award the contract for materials testing services on the Little Dry Creek Channel Improvements in Downtown Englewood, Phase I, to CTL Thomp- son in the amount of $22,000.00 AYES: NAYS: ABSENT: ABSTAIN: Totton, VanDyke, Voth, Cole, Minnick None Keena, Mcintyre None The motion carried. VI. OLD KING SOOPER'S BLOCK Minnick moved: VanOyke seconded: The Urban Renewal Authority go into Executive Session. AYES: NAYS: ABSENT: ABSTAIN: Minnick, Totton, VanDyke, Voth, Cole None Mcintyre, Keena None The motion carried. * * * * * * * * * * Cole moved: Minnick seconded: The Urban Renewal Authority come out of Executive Session. AYES: NAYS: ABSENT: ABSTAIN: Minnick, Totton, VanDyke, Voth, Cole None Keena, Mcintyre None The motion carried. -4 - • • • • • • VII • COOPERATIVE AGREEMENTS. Street Rights-of-way and Alleys Vacant Properties Little Dry Creek Mr. Hinson discussed the need for the Authority to enter into Cooperative Agreements with the City of Englewood on various street rights-of-way and al- leys, on specific vacant properties, and on portions of Little Dry Creek. Tatton moved: Minnick seconded: The Urban Renewal Authority approve and adopt Resolution #6, Series of 1987, A RESOLUTION OF THE ENGLEWOOD URBAN RENEWAL AUTHORITY TO ENTER INTO A COOPERATIVE AGREEMENT WITH THE CITY OF ENGLEWOOD REGARDING CERTAIN STREET RIGHTS- OF-WAY AND ALLEYS. AYES: VanDyke, Voth, Cole, Minnick, Tatton NAYS: None ABSENT: Keena, Mcintyre ABSTAIN: None The motion carried. Minnick moved: VanDyke seconded: The Urban Renewal Authority approve and adopt Resolution #7, Series of 1987, A RESOLUTION OF THE ENGLEWOOD URBAN RENEWAL AUTHORITY TO ENTER INTO A COOPERATIVE AGREEMENT OF THE CITY OF ENGLEWOOD REGARDING VACANT PROPERTIES. AYES: NAYS: ABSENT: ABSTAIN: Voth, Cole, Minnick, Tatton, VanDyke None Keena, Mcintyre None The motion carried. Minnick moved: Cole seconded: The Urban Renewal Authority approve and adopt Resolution #8, Series of 1987, A RESOLUTION OF THE ENGLEWOOD URBAN RENEWAL AUTHORITY TO ENTER INTO A COOPERATIVE AGREEMENT WITH THE CITY OF ENGLEWOOD REGARDING LITTLE DRY CREEK. AYES: NAYS: ABSENT: ABSTAIN: Cole, Minnick, Tatton, VanDyke, Voth None Keena, Mcintyre None The motion carried . VIII. LITTLE DRY CREEK Mr . Hinson stated that an appraisal has been received on the Little Dry Creek Channel north of Hampden Avenue . This is for an area of Little Dry Creek between South Acoma Street and South Bannock Street, which presently serves as - 5 - the route for little Dry Creek drainage, the ownership of which cannot be as- certained. The appraisal is for $2,500, which the Authority will deposit with the Court as part of the procedure to gain immediate possession of this area of the Creek. Discussion ensued. Minnick moved: Cole seconded: The Urban Renewal Authority approve and adopt Resolution #9, Series of 1987, A RESOLUTION OF THE ENGLEWOOD URBAN RENEWAL AUTHORITY ASSERTING THAT THE APPRAISED VALUE OF AYES: NAYS: ABSENT: ABSTAIN: THE LITTLE DRY CREEK CHANNEL NORTH OF HAMPDEN AVENUE IS THE FAIR MARKET VALUE OF SAID CHANNEL, DIRECTING STAFF TO USE SAID FAIR MARKET VALUE AS A BASIS OF NEGOTIATIONS TO AC - QUIRE FEE TITLE TO SAID CHANNEL, AND AUTHORIZING THE CON - DEMNATION OF SAID CHANNEL SHOULD NEGOTIATIONS FAIL OR TO GUARANTEE FEE TITLE. Minnick, Tatton, VanDyke, Voth, Cole None Keena, Mcintyre None The motion carried. IX. CONTRACT RATIFICATION Demolition Contract 50 West Hampden Avenue • Mr . Hinson stated that the Authority closed on the acquisition of 50 West • Hampden Avenue on February 27, 1987. The structure was in very poor condi- tion, and the construction work on the little Dry Creek conduit extension is pending; therefore, the staff negotiated an amendment with Hillen Corporation on the existing demolition contract for the Old King Sooper's Block to include the demolitio n of the structure at 50 West Hampden Avenue. This work was ac- complished for $7,000, which included demolition, removal of basement walls, floor, and gradual grading from street level to the Creek. This price was considered to be in line with other demolition bids for similar sized struc- tures. Staff now requests that the Authority ratify this contract amendment with Hillen Corporation. VanDyke moved: Cole seconded: The Urban Renewal Autho ri ty ratify the demolition agreement with Hillen Corporation for demolition of 50 West Hampden Avenue. AYES: NAYS: ABSENT: ABSTAIN: Minnick , Tatton, VanDyke, Voth , Cole None Mcintyre, Keena None The motion carr i ed. -6 - • • • • x . FINANCIAL REPORTS Investment Report Expenditure Report Ms. Powers reviewed the Investment Report and the Expenditure Report for the month of March, 1987. She noted that with the low bid received for the Little Dry Creek work from Flatiron Structures Company, a revision of the investment drawdown schedule will have to be done. XI. CONSTRUCTION REPORT. Mr. Minnick asked about the progress on the Little Dry Creek Channel work being done by RBI. Ms. Ragland stated they are still about six weeks behind schedule; however, they have been hiring additional qualified people on this job, which seems to be helping. Ms. Daugherty asked about the timing for the detour of Broadway traffic. Ms. Ragland stated that the detour will be done on a Saturday; southbound traffic will be detoured at the Parkway; northbound traffic will be allowed through. Replacement of a section of a wall was discussed. XII. OLD BUSINESS. Ms. Powers stated that the ribbon cutting for Home Club is scheduled for 10 A.M. on April 2, 1987; members of the Authority were urged ·to attend . Construction on the Silo Store is on schedule. Construction on the Rocky Rococo Restaurant is scheduled to begin within two weeks. Ms. Powers stated that she recently spoke with Dr. Lovejoy about the pending lease of part of the Trolley Square retail area; negotiations are proceeding, and he expects to sign the lease within the next 30 days, and expects to move in within 90 days following the signing of the lease. The valuation hearing on the Park Floral site is scheduled for the week of April 20. Discussion ensued. Mr. Hinson reported on the acquisition efforts on 211 West Hampden Avenue and 3463 South Bannock Street. The Authority has agreed to deposit the amount of the appraisal, $167,000, with the Court to gain immediate possession of the property. There is one tenant on the property; this tenant may elect to re- main on the property until mid-June, at which time she must relocate. Mr. Hinson stated that if the tenant is eligible for relocation benefits, the amount will not exceed $2,500 . -7 - There being no further business to come before the Authority, the meeting ad- journed at 8:50 P. M. Gertrude G. Welty Recording Secretary -8 - ·. • • •