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HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority 2007-12-11RECORD OF PROCEEDINGS Town of Estes Park, Larimer County, Colorado, December 11, 2007 Minutes of a Special 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 11th day of December, 2007. Commissioners; Attending: Also Attending: Absent: Chairman Swank, Commissioners Cope, Ericson, Little, Repola, Steige, and Wilcocks Chairman Swank, Commissioners Cope, Ericson, Little, Repola, and Steige EPURA Dir. Smith, Lee Sammons, Bob Eck, Attorney Windholz, Attorney White, and Deputy Town Clerk Deats Commissioner Wilcocks Chairman Swank called the meeting to order at 6:31 p.m. AMENDING URBAN RENEWAL. Attorney Windholz suggested the Commissioners review the proposed boundaries of the new urban renewal district giving consideration to improvements that have been made through EPURA projects over the past 25 years. Discussions between Bond Attorney Rick Buddin, Dir. Smith, and Attorney Windholz lead to the suggested re- evaluation of the boundaries and the proposal to remove a portion of the current EPURA boundaries (a parcel beginning at MacGregor Avenue east and containing Stanley Village Shopping Center, Safeway, and the Stanley Hotel) from the new district boundaries. The Blight Study prepared by Terry Ware addresses conditions on the north side of Highway 34 east of the downtown area, but not in the Stanley Village Shopping Center where past EPURA projects have occurred. The Commissioners discussed the following options regarding the boundaries: the existence of blight in this area; consideration for completed EPURA projects; the new boundaries should contain businesses that may take advantage of the proposed EPURA fagade improvement program; inclusion of properties at the northwest corner of highways 34 and 36 and the stables; and other portions of the current urban renewal boundaries that have received EPURA improvements. Discussion continued on the following topics as they relate to the amendment of the urban renewal plan: impact to Larimer County services and property tax reveriue, Larimer County’s rights in regard to the approval of the amendment to EPURA; required public hearings and notifications; EPURA future funding and borrowing capabilities; is EPURA funding subject to annual appropriation or Tabor laws; property tax increment and sales tax revenues; and the financial effect of amending the proposed urban renewal boundaries. Although no official vote was taken, the Commissioners agreed that, the boundaries of the urban renewal district should be changed and the proposed area being eliminated from the new district with the exception of properties along east Elkhorn Avenue and Highway 34. The Commissioners agreed that properties on both the north and south sides of East Elkhorn Avenue should remain in the boundaries, including Town Hall, as well as the properties at the northwest corner of Highways 34 and 36, and Silver Lane Stables. Whereupon, Chairman Swank adjourned the regular meeting at 7:10 p.m. OChiuLcr' Cynthia U/eats, Deputy Town Clerk