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HomeMy WebLinkAboutMINUTES Town Board 1982-08-24,‘Z!toIun tif t5iC Larimer County,Colorado,...Jug.uSt..24.19.8.?... Minutes of a regular meeting of the Board of Trustees of the Town of Estes Park,Larimer County,Colorado Meeting held in the Town Hall in said Town of Estes Park on the 419 ..day of 1gJJI A.D.1982 .at regular meeting hour. Meeting coiled to order by Moyor ...HY.p....9Jt Present:Mayor Harry B.Tregent Trustees:H.Bernerd Dannels,Byron L.Graves,George J.Hix, Margaret Houston,Robert E.Wagner,Richard A.Wood Also Present:Town Administrator Dale G.Hill Town Attorney,Gregory A.White Absent: Minutes of the regular meeting held August 10,1982,were submitted and approved. Trustee Robert E.Wagner,Chairman of the Water Committee,read the minutes of a meeting held August 12,1982,and moved the minutes be approved.Trustee George J.Hix seconded the motion and it passed unanimously. Trustee H.Bernerd Dannels,Chairman of the Community Center Committee,read the minutes of a meeting held August 19,1982, and moved they be approved.Trustee Margaret Houston seconded the motion and it passed unanimously. Trustee H.Bernerd Dannels,Chairman of the Public Works Committee, read the minutes of a meeting held August 19,1982,and moved they be approved.Trustee Margaret Houston seconded the motion and it passed unanimously. Trustee Robert E.Wagner,Chairman of the Stanley Park Committee, read the minutes of a meeting held August 23,1982,and moved they be approved.Trustee Richard A.Wood seconded the motion and it passed unanimously. The minutes of the Estes Park Planning Commission meeting held August 17,1982,were read. Mayor Harry B.Tregent conducted a public hearing on the proposed rezoning of Rock Ridge Estates from the existing R-2 Multiple Family to R Residential.Those speaking in favor of the rezoning, none.Those speaking in opposition to the rezoning,none.No correspondence was received.Mayor Tregent declared the hearing closed.Trustee H.Bernerd Dannels moved the R-2 Multiple Family rezoning to R Residential zoning be denied.Trustee Robert E. Wagner seconded the motion and it passed by the following votes: Those voting ‘7Yes”Trustees H.Bernerd Dannels,Byron L.Graves, George J.Hix,Margaret Houston,Robert E.Wagner,Richard A. Wood. Town Engineer/Planner Richard Widmer stated that he had spoken to several of the petitioners of Rock Ridge Estates and they were in favor of the recommended R—l Residential rezoning of Rock Ridge Estates.Trustee Robert E.Wagner introduced and the Town Administrator read in full the following entitled ordinance and Trustee Wagner moved it be passed and adopted on first and final reading: AN ORDINANCE AMENDING CHAPTER 17 OF THE MUNICIPAL CODE OF THE TOWN OF ESTES PARK, COLORADO,THE SAME PERTAINING TO ZONING. Board of Trustees -August 24,1982 -Page 2 Trustee Richard A.Wood seconded the motion and it passed by the following votes:Those voting “Yes”Trustees H.Bernerd Dannels,Byron L.Graves,George J.Hix,Margaret Houston,Robert E.Wagner,Richard A.Wood.Those voting “No”none. Special Review Request #39 submitted by the Park Hospital Board for the new nursing home facility was also considered.Mr.Paul Kochevar,representing the Hospital Board,stated that all of the conditions recommended by the Planning Commission would be met and that the completion date was set for September 1,1983. Trustee Richard A.Wood moved that Special Review Request #39 be approved subject to the conditions as outlined by the Planning Commission and the completion date of September 1,1983.Trustee George J.Hix seconded the motion and it passed unanimously. Trustee George J.Hix asked to be excused from any discussion or vote regarding the Stanley Hotel due to a conflict of interest. Mr.Richard Ball,Attorney representing Frank and Judy Normali, appeared before the Board of Trustees and requested the Town of Estes Park pass an Inducement Resolution to issue Tax Exempt Industrial Revenue Bonds in the amount of $9,750,000 for the reconstruction of the existing buildings at the Stanley Hotel. Mr.Dunn Krahl of Boettcher &Company stated that Boettcher would be interested in purchasing the bonds if the Town passed the Resolution and if the syndicators of the Stanley Hotel were able to work out the complicated legal and financial responsibilities. Mr.Frank Normali explained that the Stanley would not be borrowing money but the bonds would be adding additional equity to the property.Mayor Tregent introduced several letters to be included in the record: Rich Widmer,Town Eng./Planner ....8/16/82 Jerry Boudreaux,C.P.A 8/12/82 Jane Roberts,Attorney 8/20/82 Gregory White,Town Attorney 8/20/82 Town Attorney,Gregory White,explained the attorney’s letters to the Board of Trustees and answered questions.A lengthy discussion followed.Trustees Wagner and Dannels expressed some concern about issuing these bonds.Attorney Richard Ball and Mr.Frank Normali spoke to these concerns.Town Administrator Dale Hill read a letter from Nick Kane dated August 24,1922,in favor of the bond issue.Those persons also speaking in favor of the bond issue:Mr.Leon Federson and Mr.Richard Adams.Trustee H.Bernerd Dannels moved that the Inducement Resolution to issue Tax Exempt Industrial Revenue Bonds be denied.Trustee Robert E.Wagner seconded the motion and it failed by the following votes:Those voting “Yes”Trustees Dannels and Wagner.Those voting “No”Trustees Houston,Graves and Wood. Trustee Richard A.Wood introduced the following Inducement Resolu tion and moved it be passed and adopted: RESOLUTION WHEREAS,the Town of Estes Park,Colorado,is authorized and enpowered by the provisions of the County and I4unicipality Development Revenue Bond Act (29-3—101 et seq.),C.R.S.1973, as amended,hereinafter referred to as “the Act”,to finance a project,as that term is defined in the Act,and to issue its industrial revenue bonds for the purpose of using the proceeds therefrom to finance the project;and Whereas,the Stanley Steamer Hotel/Resort,Ltd.,hereinafter referred to as “the Applicant”,has requested the Town to issue and sell its industrial revenue bonds pursuant to the provisions of the Act for the purpose of financing a commercial enterprise constituting a project,as that term is defined in the Act,pursuant to the application filed by the Applicant;and Board of Trustees -August 24,1982 -Page 3 WHEREAS,the financing of the project of the Applicant, namely the sale of limited partnership interests pursuant to the Confidential Memorandum filed as a part of the application, requires a period of time for the marketing of said limited partnership units;and WHEREAS,there has not been filed with the application a marketing plan for the sale of the industrial revenue bond issue because said marketing plan will not be available until the sale of the limited partnership units;and WHEREAS,the issuance of the Town’s industrial revenue bonds for the financing of the project is contingent upon Applicant satisfactorily completing the sale of the limited partnership units set forth in the Confidential Memorandum and the filing of an adequate marking plan with the Town for the sale of the industrial revenue bond issue;and WHEREAS,the Town wishes to declare its intention to authorize an issue of its industrial revenue bonds for the purpose of financ ing the project,as more fully set forth in the application filed by the Applicant;in the amount requested by the Applicant and upon such terms and conditions as may then be agreed upon by the Town and the Applicant. NOW,THEREFORE,it is resolved by the Board of Trustees of the Town of Estes Park,Colorado,that the Town hereby declares its intention to authorize the issuance and sale of a series of industrial revenue bonds of the Town under and in accordance with the provisions of the Act,in the amount requested by the Applicant presently estimated to be $9,750,000.00;and upon the terms and conditions,as may be mutually agreed upon by the Town and the Applicant.Provided,however,that prior to the issuance and sale of said industrial revenue bonds the Applicant complete the sale of the limited partnership units in accordance with the Confidential Memorandum filed with the application;that the Applicant assure the Town, its attorneys and bond counsel that the issuance of the industrial revenue bonds is in accordance with all applicable Federal and State restrictions and regulations in force at the time of said issuance;that the Applicant file a marketing plan signed by an entity acceptable to the Town for the sale of the bonds;and that these stated conditions be completed within a reasonable period of time from the date of this Resolution. BE IT FURTHER RESOLVED that the actual issuance and sale of such bonds must be authorized by the Town at a meeting to be held for said purpose following completion of the above stated condi tions. Trustee Margaret Houston seconded the motion and it passed by the followinq votes:Those voting “Yes”Byron L.Graves,Margaret Houston,Robert E.Wagner,Richard A.Wood.Those voting “No” Trustee H.Bernerd Dannels. Mr.Steve Patrick,representing the Forward Estes Park Foundation, appeared before the Board to present a petition to request a hearing on an Urban Renewal Authority.Mr.Gene Mitchell,Attorney for Forward Estes Park,requested the hearing date of September 7,1982.Mayor Harry B.Tregent scheduled the hearing date for September 14,1982,during the regularly scheduled Board meeting. Attorney Mitchell concurred with this date. Board of Trustees -August 24,1922.-Page 4 Mr.Mark Brown appeared before the Board of Trustees to request use of parking lot No.2 (Municipal parking lot on the south side of Elkhorn Avenue and directly across from Bond Park)for the Aspenfest activities September 11—26,1982.Trustee Robert E.Wagner moved this request be approved.Trustee Margaret Houston seconded the motion and it passed unanimously. Trustee Robert E.Wagner introduced and Town Administrator Dale Hill read in full an agreement between the Town of Estes Park and the Muriel L.MacGregor Charitable Trust granting a permanent right—of—way for installation,maintenance and repair of a four to eight inch waterline.Trustee Robert E.Wagner moved for acceptance of this agreement.Trustee George J.Hix seconded the motion and it passed unanimously. Trustee Margaret Houston introduced the following resolution and moved it be passed and adopted: RESOLUTION WHEREAS,a regular meeting of the shareholders of the Estes Park Golf and Country Club will be held at the Municipal Building in Estes Park on Monday,the 13th day of September,1982,for the purpose of electing a Board of Directors and the transaction of such other business as may come before the meeting,and; WHEREAS,the Town of Estes Park is a shareholder in the Estes Park Golf and Country Club. NOW,THEREFORE,BE IT RESOLVED that the Mayor is authorized to vote the share of stock owned by the Town of Estes Park at the shareholders meeting on September 13,1982. Trustee George I.Hix seconded the motion and it passed by the following votes:Those voting “Yes11 Trustees H.Bernerd Dannels, Byron L.Graves,George J.Hix,Margaret Houston,Robert E.Wagner, Richard A.Wood. Trustee Robert E.Wagner moved the liquor license renewal for the Miner’s Kettle be approved.Trustee George J.Hix seconded the motion and it passed unanimously. Town Administrator Dale G.Hill presented an agreement between the Town of Estes Park and Mr.Robert Kistner,Disaster Recovery Manager,and requested that the Board authorize the Mayor to sign this agreement.Attorney Gene Mitchell spoke highly of Mr.Kistner’s qualifications.Trustee H.Bernerd Dannels moved that Mayor Tregent be authorized to sign this agreement.Trustee George J.Hix seconded the motion and it passed unanimously. Mr.Ron Bazman,representing the Jaycees,appeared before the Board of Trustees to request a Special Event Permit to serve 3.2%beer at a special concert for the benefit of the flood victims to be held at the Stanley Hotel on September 4th,1982. Mr.Bazman stated that the Jaycees would provide liability insurance and clean up after the concert.Mr.Bob Lucas read a letter from Mr.Bill Meyers and himself which was in favor of the special event permit.Town Administrator Dale Hill stated that the Jaycees would need permission from the property owners and a certificate of insurance acceptable to the Town Attorney in order to approve the Special Event Permit.Trustee Robert E.Wagner moved that this permit be issued subject to the stipulations as outlined by Town Administrator Hill.Trustee Richard A.Wood seconded the motion and it passed unanimously. There being no further business,the meeting adjourned. Maor Town erk