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Home My WebLink AboutMINUTES Estes Park Urban Renewal Authority 1991-01-03BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS Estes Park Urban Renewal Authority /January 3, 1991 Commissioners; Attending: Also Attending: J. Donald Pauley, Edward B. Pohl, John M. Ericson, Jim Godbolt Carl Henderson, Gary F. Klaphake Chairman Pauley, Commissioners Pohl, Ericson Godbolt, Henderson, Klaphake Executive Director Anderson Secretary Heifner Chairman Pauley the meeting to order at 8:35 A.M. Minutes of the December 20, 1990 meeting were approved assubmitted. LIAISON A Town/EPURA joint work session to review the West Elkhorn Parking Lot project IS scheduled for Monday, January 7, 1991 at 4:00 P.M. AUTHORITY RTTRTNF.Qfi •°|e!?1°?!'!e"!..ReVleW : L°! ~ Llttle Prospeet Mountain Addition -Chairman Pauley declared the public hearing open. Jfallner,..dfVel-.0per' Presented slides depicting his approach to the proposed development and its relationship to the comSSnity. pubn2\ena0rinUgrtc1ieosedl!bliC 00"'ent' chairman Pauley declared the An?eirson referred to Staff's December 13, 1990 report on the dev^C?Sed devel°Pinent/ stating all requirements have beenPmet by the developer. This development site is designated in the Este^ Thek •°TrrnsitiondcVel0PinanwPr0g^ain (Plan) as a "Transition Zone". an^Spr°vid^eservice -ep„t°1^To%h¥i!£i office use6 p^opofed.buildlng Wl11 contain commercial retail ando“jaLarv’ 3 n°ted- the Davel°P">ent Comnittee met nrh+-iTn 4-K ^ b° ^urther review the proposed developmentnoting the Committee's concerns had been addressed, i.e.: P ' equipment°Per plans to screen trash containers and HVAC The developer plans to use colors that are in harmonv with natural surroundings; ^ signage will be required to identify individual businesses. Types and locations will be totTowntcode^-th archltectural design. Signs will conform Utility services will be undergrounded; hn?CibtCi)arkiing haf n0t been Planned for photographers, site^h develoPer has no plans to evict them from the 6‘ d?^iSi2rKaClCleS o4.tCi the Site Wil1 follow design criteria dictated by the State of Colorado Department of Highways. Commissioner Pohl expresed concern regarding the development's final architectural design and color scheme. Mr. Palmer indicated a °f tt}e project will be submitted, once thearchitectural phase is completed. Commissioner Pohl moved to find 1. 2, 3. 4, 5, BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS the proposed development of Lot 44 - Little Prospect Mountain Addition in compliance with the Estes Park Downtown Redevelopment Program (Plan) . Commissioner Henderson seconded the motion, and it passed unanimously. Commissioner Klaphake suggested the developer address the project's restroom design in anticipation of heavy use by travelers entering Estes Park from the East. Authorization for Town of Estes Park Finance Officer to Transfer Funds for Investment - It was moved and seconded (Henderson- Klaphake) the Chairman be authorized to sign a letter to The Estes Park Bank, permitting Mr. Monte Vavra, Finance Officer for the Town of Estes Park, Colorado to wire transfer funds from the EPURA checking account for investment purposes. Motion carried. Request to Town to Reimburse Dan Ostermiller - Downpayment on Phares Memorial Sculpture - Director Anderson stated the sculptor has completed the clay model and, according to the Authority's agreement with Mr. Ostermiller, one-half the cost of the sculpture is due upon the representative's acceptance of the sculpture in clay. Commissioner Pohl, acting as representative for EPURA and the family, has viewed the full scale clay model and finds it acceptable. Commissioner Pohl noted all monies being held by the Town for payment of this memorial sculpture have been privately donated. It was moved and seconded (Pohl-Godbolt) the Authority request the Town issue and mail a $7,500 check to Dan Ostermiller, sculptor, so that work can proceed on sculpture casting. Motion carried. STAFF Director Anderson noted Central Bank of Denver will transfer $417,003.24 to EPURA on January 3, 1991 as returned, unobligated increment. On January 16, 1991, the Authority will receive the Conference Center lease payment of $151,559 and a capitalized interest payment of $60,600. The total of unobligated increment is $619,162. The Authority's 1990 ending cash balance was approximately $180,000. A brief comparison follows: Year Increment Base $949,790 1989 $834,649 1990 $977,995 The amount for 1990 represents an increase in excess of 100% over the base year and an approximate 15% increase over 1989. Chairman Pauley noted that sales tax increment within the Urban Renewal District has doubled with an increase in excess of 12%/year. Director^Anderson requested a work session following the meeting. There being no further business to come before the board. Chairman Pauley adjourned the meeting. Secretary