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HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority 1997-04-30BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS Estes Park Urban Renewal Authority -^April 30, 1997 Commissioners: Attending: Also Attending: Absent: Polly Gunn, Carl Henderson, Gary F. Klaphake, Richard S. Putney, Paula Steige, Gerald W. Swank, Al Wasson Chairman Gunn, Commissioners Henderson, Klaphake, Putney, Steige, Swank, and Wasson Executive Director Anderson, Deputy Clerk Kuehl None Chairman Gunn called the regular meeting to order at 7:30 a.m., at the Holiday Inn. MINUTES The minutes of the April 16 regular meeting were accepted as presented. TREASURER/FINANCIAL REPORT Director Anderson presented the financial report ending March 1997. The comparison of the Sales Tax Tabulations in the Urban Renewal area was distributed. The capital reinvestment transfer calculations were reviewed: 1995 Spending Limit Less 1995 Debt Service Base before Debt Service Inflation Growth (4.3%) Base before Debt Service Add Debt Service 1996 Spending Level 1996 Revenues Capital Reinvestment Transfer $2,005 (873 , 858 . 645) $1,132 48 1,180 917 , 213 , 685 , 898 , 610 $2,098 2.370 ,508 . 941 S 272.433 Anderson explained that the transfer is $40,000 below budget proj ections. STAFF REPORT AND COMMUNICATIONS Director Anderson explained that the Municipal Parking Lot contractor requested snow removal from the area in preparation for paving. Western Mobile charged $1,500 to remove the snow, and in the process caused damage to the curbs which will be reimbursed. Director Anderson reported that the Stanley Hall contract document has not been finalized by the Colorado Attorney because_ of the multi-year granting and TABOR. The Colorado Historical Society has not completed the contract statement of work and are presently putting all the Society staff's effort into the single year contracts. The Colorado Historical Society will contact us by the end of May. Work cannot proceed until the contract is signed by the State which may be as late as August or September. Director Anderson presented his trip report to the APA Conference in San Diego. During Director Anderson's absence in May, coordination of EPURA projects will be handled by Gary Klaphake, Bob Joseph, Dan Speedlin, Al Wasson, and Greg Sievers. BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS Estes Park Urban Renewal Authority, April 30, 1997 - Page 2 TOWN LIAISON REPORT AND COMMUNICATIONS No report. COMMISSIONER AND COMMITTEE REPORTS No report. AUTHORITY BUSINESS Resolution No. 251, Supplemental Budget: Director Anderson explained this Resolution is required to appropriate additional sums of money to defray lease expenses in excess of amounts budgeted in 1997. The Authority has expenses in the general fund associated with unappropriated fund surpluses and lease proceeds. The General Fund revenue will increase by $700,000 to $2,068,016; the General Fund expenditure will increase from $1,347,000 to $2,322,000. Director Anderson read the resolution. It was moved and seconded (Henderson-Swank) Resolution No. 251 be approved, and it passed unanimously. Resolution No. 252, Lease Purchase Agreement: The Board discussed various sections of the Resolution and the Lease/Option to Purchase Agreement. Director Anderson read the resolution by title only. After further discussion, it was moved and seconded (Wasson-Putney) Resolution No. 252 be approved, and it passed unanimously. Resolution No. 253, Appoint Acting Secretary: Director Anderson explained that he will be on vacation during the month of May, and that the appointment of an Acting Secretary is required to attest all Resolutions, Contracts, Agreements and other documents. Director Anderson read the resolution. It was moved and seconded (Swank-Steige) Resolution No. 253 be approved appointing Carl Henderson Acting Secretary in the Executive Director's absence. May 6-May 30, and it passed unanimously. EXECUTIVE SESSION The Executive Session was cancelled as a tentative agreement to the contract dispute was reached prior to the meeting. Chairman Gunn adjourned the meeting at 8:17 a.m. meeting is scheduled for June 18, 1997. The next regular T Tina Kuehl, Deputy Town Clerk