HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority 1994-03-16BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority
March 16, 1994
Commissioners:
Attending:
Also Attending:
Absent:
J. Donald Pauley, Polly Gunn, Carl Henderson, Gary
F. Klaphake, Randy R. Martin, Richard S. Putney,
Gerald W. Swank
Chairman Pauley, Commissioners Henderson, Martin,
and Putney
Executive Director Anderson, Deputy Clerk Kuehl
Commissioners Gunn, Klaphake, and Swank
Chairman Pauley called the meeting to order at 8:05 a.m.
MINUTES
The minutes of the March 2, 1994 regular meeting were approved as
prepared.
FINANCIAL REPORTS
It was moved and seconded (Putney-Henderson) that the financial report
for February 1994 be accepted into the record, and it passed unanimously.
AUTHORITY BUSINESS
Development Review: Peregrine Point, 221 Big Horn Drive, Portion of Lots
22 and 12, Block 10, 2nd lUnended Plat: Director Anderson noted the legal
requirements of this Pviblic Hearing were pxablished. Chairman Pauley
opened the Public Hearing. No one was present to speak. The Public
Hearing was closed. The property is located on the southwest corner of
Spruce and Big Horn Drives. The planned residential/apartment units are
compatible with the R-M Residential Multi-Family zoning of the property.
Drainage, landscaping, and infrastructure improvements were approved by
the Planning Commission on March 15, 1994.
This property was included in the Downtown Redevelopment Program (Plan)
because it was owned by the Town at the time the Plan was prepared. The
Plan's Urban Design Guidelines are directed towards downtown/commercial
development and are not applicable to this location. The addition of a
new residential space within walking distance of downtown adds to the
viability of downtown. The Board found a similar project for this site
in compliance with the Plan at the September 5, 1991 meeting. It was
moved and seconded (Putney-Martin) that the proposed Development Plan for
Peregrine Point, 221 Big Horn Drive be found in compliance with the
Downtown Redevelopment Program (Plan), and it passed unanimously.
1993 Audit Presentation: Steve Jackson, Boudreaux & Jackson Auditors,
presented a detailed summary of the audit, concluding that the finances
of EPURA are fairly presented with no problems for the year. Mr. Jackson
explained that the term "component unit", as stated in the audit, is used
only for auditing purposes and has no other connotation. Although EPURA
is legally a separate unit, there is a financial operational relationship
with the Town that is significant because the Commissioners are appointed
by the Town Board and there is a flow of money between the Authority and
the Town under the intergovernmental transfer. There are no implied
relationships from a legal standpoint. A memo was distributed by
Director Anderson to the Commissioners to explain this further. The
Board commended Mr. Jackson for his efforts in presenting a timely
report. It was moved and seconded (Henderson-Putney) that the 1993 audit
be accepted into the record as presented, and it passed unanimously.
BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority, March 16, 1994 - Page 2
STAFF
Director Anderson reported that $380,000 in investments have been
diversified locally into CD's which will expire as projects are
completed.
Contracts for re-roofing of The Stanley Hotel and the revegetation of the
land surrounding the Stanley Historic District Road will be bid in April.
Prices are being secured for the lighting fixtures to be placed along the
Stanley Historic District Road. All work is continuing on schedule.
Director Anderson will be out of the office March 18th to March 29th.
There being no further business, the meeting adjourned at 8:50 a.m. The
next regularly scheduled meeting will be April 6, 1994, at 8:00 a.m.
I
Tina Kuehl, Deputy Town Clerk