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HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority 2005-09-21r RECORD OF PROCEEDINGS Town of Estes Park, Larimer County, Colorado, September 21,2005 Minutes of a Regular meeting of the ESTES PARK URBAN RENEWAL AUTHORITY of the Town of Estes Park, Larimer County, Colorado. Meeting held in the Municipal Building in said Town of Estes Park on the 21st day of September, 2005. Committee: Attending: Also Attending: Absent: Chairman Wasson, Commissioners Ericson, Little, Steige, Swank, Repola, and Wilcocks Chairman Wasson, Vice Chairman Swank, Commissioners, Ericson, Repola, Steige, and Wilcocks EPURA Executive Dir. Smith, Town Clerk Williamson Commissioner Little Chairman called the meeting to order at 8:00 a.m. Chairman Wasson thanked staff and the Commissioners for taking care of business during his absence. COIVIIVIUNITY COMMENTS. None. COMMISSIONER COIVIMENTS. Town Clerk Williamson introduced Deputy Town Clerk Suzy Schares. Beginning in October, Deputy Schares will assume the duties of recording secretary and administrative assistant to EPURA. MINUTES. The minutes of the regular meeting held August 17, 2005 were approved. STAFF REPORT/PROJECTS. Executive Director’s Report. 1. Director Smith, Mayor Baudek and Administrator Repola attended the Int’l Ecotourism Conference in Bar Harbor, Maine last week. Estes Park was the only municipality represented. Staff met with National Park officials and members of Friends of Acadia to discuss their transportation program. The local towns provide very little funding for the system; however LL Bean has provided $250,000/yr. The system is also funded with some grant money. This system was able to do a lot with very little by using the infrastructure already in place. Mayor Baudek and Administrator Repola will be visiting Zion Nat’l Park to evaluate their transportation program in October. 2. Staff is meeting with Heath Construction to discuss replacement of the broken pavers at Riverspointe Downtown. This project will require the closure of Wiest Drive. Adjacent property owners will be notified prior to the closure. 3. Director Smith stated the financial reports have been expanded to contain the back up and fund transfer information requested by the Commissioners Repola and Ericson. RIVERSPOINTE DOWNTOWN UNIT E - DISCUSSION OF SALE Director Smith stated CACEP formally withdrew from the contract to purchase Unit E from EPURA; therefore an alternative strategy needs to be decided by the Board. It has been determined by staff that the highest and best use of Unit E would most likely be 4 retail units at approximately 1,200 sq. ft. RECORD OF PROCEEDINGS Estes Park Urban Renewal Authority - September 21, 2005 - Page 2 Eric Blackhurst reminded the Board that EPURA does not own Unit E currently because Cardinal Properties is operating under its construction loan with the building as collateral. The condominium should be deeded to EPURA in the near future. The recorded condominium map will need to be amended to divide the unit into 4 units prior to any sale; this would entail Planning Commission recommendation and Town Board approval. He stated the contract with CACEP has been cancelled and the earnest money has been returned. Chairman Wasson reiterated the sale of the condominium unit at Riverspointe Downtown is necessary for EPURA to recoup its $1 million purchase of the property from Bob’s Amoco. Citing State Statute 24-6-402(4)(d) C.R.S., for the purpose of determining positions relative to matters that may be subject to negotiations, developing strategy for negotiations, and instruction of negotiators, it was moved and seconded (Repola/Swank) EPURA enter Executive Session to discuss the item identified, and It passed unanimously. Chairman Wasson called a recess of the regular meeting at 8:32 a.m. to enter into Executive Session. Chairman Wasson reconvened the regular meeting at 9:02 a.m. RESOLUTION 368 - ENTERING INTO LISTING AGREEMENT FOR THE SALE OF UNIT E AT RIVERSIDE DOWNTOWN. Resolution 368 would authorize the Chairman to enter into an agreement with Eric Blackhurst of Anderson Realty and Management to market Unit E at Riverspointe Downtown. It was moved and seconded (Swank/Steige) that Resolution #368 be approved, with Commissioner Wilcocks abstaining. Chairman Wasson stated this fall/winter EPURA staff will plan meetings with the west end property owners to discuss options and construction schedules for the completion of the riverwalk on the west end. Director Smith stated this project might require EPURA recoup its investment in the condominium unit at Riverspointe Downtown prior to construction. Whereupon, Chairman Wasson adjourned the regular meeting at 9:08 a.m. ie Williamson, Town Clerk