HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority Special Session 1983-12-09BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority Committee - Special Session
December 9, 1983
Commission:
Attending:
Also Present:
Absent:
Chairman Charles H. Phares, Commissioners Larry
Helmich, J. Donald Pauley, Edward B. Pohl, Dale
G. Hill, Anne K. Moss, Arthur L. Anderson
Chairman Phares, Commissioners Hill, Anderson
and Pohl
Executive Director Cole
Commissioners Helmich, Pauley, Moss
Phares called the adjourned meeting from Wednesday, December 7 into
session.
Resolution No. 7:
A motion was made and seconded (Pohl-Anderson) to approve Resolution
No. 7:
RESOLUTION OF THE ESTES PARK URBAN RENEWAL AUTHORITY SUBMITTING AN^REcSenLnG the FINANCIAL REPORT OF KIRCHNER-MOORE TO THE
BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK
WHEREAS, in accordance with the section on Project Financing,
a-t- 15 of the Estes Park Downtown Redevelopment Program, theSa?d9?f ?o™isfion«S of the Estes Park ''^"".MonjriavSiM'Se
has caused a report to be prepared by K^^^,n^tters reiated to redevelop- Authority and the Board regarding financial matters relatea r
ment projects; and,
WHEREAS , said r^por^^ngit 1983FrLhasCbeLRsubmitte?tonandin
and Sales Tax dated December 6, 1983, nas oeen
considered by the Authority.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS
OF THE ESTES PARK URBAN RENEWAL AUTHORITY THAT.
1. The Board of c°I“ission“sRg“®ty ?S,"lnoremenrlndtsSLs
Kirchner-Moore, B^ard'of Trustees of the Town
orEs?Separt':e*ecompliLc4 with the requirements of the Estes Park
Downtown Redevelopment Program.
2. The commissioners hereby recor^end^to^the^Tom BrerdithaL
It adopt report and the adv y,n the financial programs to
implementSprojects^of^^Estes Park Redevelopment.
Adopted this 9th day of December, 1983,
Motion approved.
Resolution No_._8:
A motion was made and seconded ,Anderson-Pohl, to approve Resolu
RESOLUTION OF THE ESTES PARK URBAN RENEWAL AUTHORITY APPROVING
redevelopment plan SUPPLEMENT
-p -i-Vio Retes Park Downtown
WHEREAS, pursuant to t^J^gqpJJ5murban°Renewal Authority is
Redevelopment Program, Estes P d regarding property and
required to advise and inform the
BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority - Special Session Page 2
sales tax increment as a method of financing projects for the redevelop
ment of Estes Park; and,
WHEREAS, the Authority has so advised the Town Board in relation
to the adoption of Resolution No. 7; and,
WHEREAS, the Authority has determined that a supplement to the
Redevelopment Plan regarding property and sales tax increment
necessary; and,
WHEREAS the proposed plan supplement is attached hereto and incor^r^ed herein, ?itledPSupplement to the Betas Park Downtown
Redevelopment Porgram; and,
WHEREAS, state statutes require that such supplement must
approved by the Estes Park Town Board.
HOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS
OF THE ESTES PARK URBAN RENEWAL AUTHORITY THAT.
The proposed supplement attached hereto^and inoorporatcd herein
is hereby f the ^“thoritLtOrbeirbmrttedrttion and aaoption
f^up^JLent ?o ^hflstes Park Downtown Redevelopment Program.
Adopted this 9th day of December, 1983.
SUPPLEMENT TO THE ESTES PARK DOWNTOWN REDEVELOPMENT PROGRAM
By passage of Resolution -83 e*f if aSid
fapagfifofthe fstS^aXDSwntL: Redevkopment Program;
may TKCREMENT FINANCING AND PKnirATION OF SALES TAX REVENUE^
Pursuant to the recommendation f Jhe EsteShParyrbannReneiWal
Authority, which is based “P?n 1?h Town's investment banker, consultant, and upon the advice of theaTowniSnino aip other iegal
the following financing mechan ^ shall be utllized by
thS™r“y oftSe “o finaLe redevelopment progects:
One hundred percent (^00%’ °*paqesffaid 14Cofrtfs plan
and municipal sales tax redevelopment projects and divided
shall be used for financing °J^®sion10| the Colorado Urban Renewal
according to the applica P f the effective date of
Law for a period of twenty (20) said section on Tax Incrementfis plan. All other Pr°vf-°- °* sasidiSieCemain unchangea and
Financing on pages 13 and 14 or p
in effect as described therein.
Motion approved.
Sidewalk Improvement^;
At the request of Greg White LegaflSSes Rep?d°ing
fidewflf imf f 4men?s ?his is a topic that will have to be worked
out by the Construction Manager.
Funding Requirements;
4-viQ Tin A and Town Board concernning cole distributed copies of a URA ana T°W
Initial Funding Requirements of
If
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Estes Park Urban Renewal Authority - Special Session - Page 3
Staff Report:
Cole noted that Design Studios West is in the process of interviewing
Construction Managers, and hopefully, will have several finalists
for the URA Board to interview by the beginning of 1984. She also
presented figures on some initial property acquisition costs in order
to give the Board a feeling for prices.
The meeting was adjourned.
AJjy
Joyce Graff, Record’i'hg Secretary