HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority 1998-12-02BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
/Estes Park Urban Renewal Authority
December 2, 1998
Commissioners:
Attending:
Also Attending:
Polly Gunn, Carl Henderson, Richard S.
Putney, Paula Steige, Gerald W. Swank, Al
Wasson, Rich Widmer
Chairman Gunn, Commissioners Henderson,
Putney, Steige, Swank, Widmer
Executive Director Anderson, Deputy Clerk van
Deutekom
Absent: Commissioner Wasson
Chairman Gunn called the regular meeting to order at 8:00 a.m.
CITIZEN PARTICIPATION
None,
MINUTES
The November 18, 1998 regular meeting minutes were accepted as
presented.
i««^Sfresented the
and sales tax tabulations for the Urban Renewal |
the sales tax figures for 1995 - 2.23%, 1996 - 3.87,, and 199/
3.38%.
COMMISSIONER AND COMMITTEE REPORTS
None.
ADMINISTRATIVE COMMUNICATIONS
None.
PROJECT reports/ACTIONS
Restatement e£ EPOBA Purpose^ Dire o tor An^erSw°enr/hr®\\%ehdte5
orrreraSatfli" rhrar:ufbfUdSplaNy“d at all future meetings.
_ 1 No 263 - Supplemental Budget & Appropriation:
Director°Anderson reported the 1998 Budget will be supplemented
as follows:
The General Fund expenditure is increased from
$1,503,000 to $1,878,000 _
The Debt Service expenditure is increased rom
$2,474,735 to $2,574,735
, -1 4_ • T4- was moved and seconded
Director Anderson read th® re=°^U^ accepted as presented, and it Steige/Swank) Resolution No. 263 be acceprec
passed unanimously.
BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority, December 2, 1998 - Page 2
Resolution No. 264 - Adopting 1999 and 2000 Budget: Director
Anderson noted that the proposed budget has been reviewed by the
Board, and all legal requirements related to the consideration
and approval of the budget have been met. The estimated resources
and expenditures for the Urban Renewal funds are as follows:
1999 2000
Expenditures:
Resources:
General
Debt Service
General
Debt Service
$ 2,196,100
3,064,263
$ 2,376,097
5,281,165
$ 2,477,000
4,064,038
$ 3,317,497
5,516,902
It was moved and seconded (Henderson/Swank) Resolution No. 264 be
accepted as presented, and it passed unanimously.
Resolution No. 265 - Appropriating Unspent Funds: Director
Anderson explained that Article X Section 20 to the State
Constitution defines "fiscal year spending" to include all
expenditures and reserve increases except reserve transfers or
expenditures and other items. This resolution allows the
Authority to reserve all remaining fund balances or cash in the
General Fund from 1998 as non-emergency "reserve increases" for
future operations and capital projects of the Authority. Director
Anderson read the resolution. It was moved and seconded
(Henderson/Putney) Resolution No. 265 be accepted as presented,
and it passed unanimously.
Request for Funds - Forward Estes Park Foundation: Director
Anderson presented a request from Forward Estes Park Foundation
for funding assistance to conduct a housing need assessment
study. The previous study was conducted in 1990.
Commissioner Putney stated he will abstain from voting on this
issue since he is currently the Secretary for Forward Estes Park
Foundation. It was moved and seconded (Widmer/Steige) to
contribute $3,000 to Forward Estes Park Foundation to be used for
a housing assessment study, and it passed with Commissioner
Putney abstaining.
It was moved and seconded (Putney/Henderson) the Board adjourn to
Executive Session to discuss project negotiation strategies.
Those voting "yes": Widmer, Putney, Swank, Gunn, Steige, and
Henderson. Those voting "no": none. Chairman Gunn adjourned the
regular meeting at 8:34 a.m. The next regular meeting will be
January 20, 1999, at 8:00 a.m. followed by an EPURA Retreat.
J7K 2
Reb'ecca van Deutekom, Deputy Town Clerk