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HomeMy WebLinkAbout2002-08-14 EURA MINUTES• • • ENGLEWOOD URBAN RENEWAL AUTHORITY August 14, 2002 I. CALL TO ORDER The regular meeting of the Englewood Urban Renewal Authority was called to order at 6:30 p.m. in the Community Development Conference Room of the Englewood Civic Center. Chairperson Weddle presided. Present: Absent: Bums, Fish, Garrett, Roth, Woodward, Weddle Alternate Member Gallardo Executive Director/Executive Secretary Robert Simpson Bertoluzzi Also Present: City Manager Gary Sears Senior Planner Mark Graham Alternate Member Anthony Gallardo was welcomed to the meeting. II . APPROVAL OF MINUTES June 12, 2002 Chairperson Weddle asked for a motion to approve the Minutes of June 12, 2002. Roth moved: Bums seconded: The Minutes of June 12, 2002 be approved as written. AYES : NAYS: ABSTAIN: ABSENT: Burns, Fish, Roth, Woodward, Weddle None Garrett Bertoluzzi The motion carried. III. GENERAL IRON WORKS Project Update Executive Director Simpson provided a brief statement regarding project progress, and asked that the Authority go into Executive Session for a more complete update. Garrett moved: Bums seconded: The EURA go into Executive Session to discuss land development negotiations. H:\GROUP\BOARDS\URA \i'vlinutes\Minutes 2002\EURA 08-14-02 .doc 1 • • • AYES: NAYS: Fish, Garrett , Roth, Woodward, Burns , Weddle None ABSTAIN: None ABSENT: Bertoluzzi The motion carried. * * * * * * * * * * * * * * * * * * * Garrett moved: Burns & Fish seconded: The EURA come out of Executive Session. A YES : Garrett , Roth , Woodward, Burns , Fish , Weddle NAYS : None ABSTAIN : None ABSENT : Bertoluzzi The motion carried . IV. REVENUE REPORT Mr. Simpson briefl y noted the Re venue Report . The drop in Sales Tax re venues was noted and di scussed. Home Base , Office Depot , and Phar-Mo r hav e all closed in recent month s, and the loss o f these re venues is reflected in the report. Mr. Roth questioned the "zero " indication on S ales Tax re venues for the first two months. Mr. Graham responded that this indicates , in part , that the base level of revenues was not reached ; and , also , there was a re venue crediting error disco vered during the course of the audit, wherein Office Depot continued to report their revenue on the old account number applicable when they were located in the TIF district , versus using the new account num- ber for the new location that is not in the TIF district. These re venues have to be reversed from sales tax revenues accrued b y the TIF District to the City General Fund. V. DIRECTOR'S CHOICE Mr. Simpson provided an update on reuse/redevelopment of the former Office Depot site. The land is owned by Etkin Properties . Mr. Simpson stated that Mr. Etkin has identified a warehouse user for the property; however, this user will not generate any revenue for the TIF District. Mr. Simpson stated that the City Council has granted him permission to encourage Mr. Etkin to negotiate a restaurant complex reuse of the property . Mr. Simp- son stated that he has a meeting scheduled with Mr. Etkin for August 16 th at 8:30 a.m . Brief discussion ensued. Mr. Simpson reminded members of the Board and Commission Appreciation night scheduled for August 26t\ 5 :30 p.m. to 7 :30 p .m . A "light buffet" will be served, and the celebration will be in the Community Room on the second floor of the Civic Center. Mr. H:\GROU P\BO ARDS \U RA \M inutes\Minutes 2002\EURA 08-14-02 .doc 2 • • • Simpson stated that the City Manager's office has requested a count of those who plan to attend. Ms. Weddle , Mr. Woodward, Mr. Burns and Mr. Gallardo indicated attendance; Mr. Fish stated he would get back to staff. Mr. Roth stated he will also be in attendance , but has been included in the Planning Commission head count. Mr. Simpson briefly updated Authority members on redevelopment efforts on the Elati Street and Acoma Street properties . There have been discussions with Situs Properties regarding proposals for the Elati Street site , but nothing has been firmed up or submitted. The leasing on Alexan Plaza was discussed. Mr. Simpson stated that there are issues be- tween Trammel Crow , developer for Alexan , and Miller Development who will be leas- ing the lower level. Mr. Simpson stated that he does not anticipate "retail-type" uses on the first level, but more office-oriented usage. Mr. Simpson discussed a project he hopes to put into place this fall is "Phase 2 of the South Broadway Plan ". Mr. Simpson noted that some work along South Broadway has been done , but there is work that yet needs to be accomplished. Mr. Simpson stated he anticipates several meetings with s takeholders along Broadway , and asked that the EURA consider designating at least two members to participate in this activity. He stated that the goal is to consider ways to strengthen the economic base of the City. He commented that small redevelopment areas up and down Broadway might be identified; the project will be very focused , and may result in a new plan for South Broadway . VI. COlVIMISSIONER'S CHOICE Mr. Garrett discussed the budgeting process that the Cit y is going through now, and noted that the 2003 budget will be a "very tight budget". He stated that the goal of City Coun- cil is to not cut services , but to hold the line on expenditure s. Mr. Sears stated that an approximate $2,000 ,000 decrease in revenues is anticipated . De- partments have been asked to reduce the 2002 expenditures by 2 % of their approved de- partmental budgets, and were asked to submit 2003 budgets 2% below the reduced 2002 budget. Mr. Sears stated that the City wants to carry a 12 % surplus into 2003 . Mr. Garrett noted that there are some benefit programs , such as health and dental , that will have a considerable increase in 2003, and employees will have to pay more for these benefits. Brief discussion on the financial status ensued. Nothing further was brought before the Authority. The meeting was declared adjourned. Gertrude G. Welty , Recording Secret'ary H:\GRO UP\BOARDS \U RA \i\1inutes\i\1 inute s 200 2\EURA 08-l ~-02 .doc 3