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HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority 2007-12-19RECORD OF PROCEEDINGS Town of Estes Park, Larimer County, Colorado, December 19, 2007 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 19th day of December, 2007. Commissioners: Attending: Also Attending: Absent: Chairman Swank, Commissioners Cope, Ericson, Little, Repola, Steige, and Wilcocks Chairman Swank, Commissioners Cope, Little, Repola, Steige, and Wilcocks EPURA Dir. Smith, Deputy Town Clerk Deats Commissioner Ericson Chairman Swank called the meeting to order at 8:04 a.m. COMMUNITY COMMENTS. None COMMISSIONER COMMENTS. None The minutes of the regular meeting held November 21, 2007 were approved with minor changes, and minutes of the special meeting held December 11,2007 were approved. EXECUTIVE DIRECTOR’S REPORT. 1 New Urban Renewal Area Boundaries - Bob Eck of Design Studios West provided Dir. Smith with a revision of the new urban renewal area map reflecting the changes that were approved by the Commissioners at the special nieeting held on Tuesday, December 11, 2007, including the elimination of the Land Trust property on the south side of the river. The Town Board will hear the recommendations of the EPURA Commissioners and make the final decision regarding the boundaries. Tay Increment Funding through 2008 - Dir. Smith consulted with Attorney Windholz and verified that EPURA will continue to receive tax increment revenue through 2008. Estimates indicate approximately $1.5 million will be available between now and the end of 2008 for a final EPURA project. Annual Retreat - Dir. Smith reguested that the Commissioners consider a convenient time in either January or February to schedule the annual retreat, to be held at the Rocky Mountain Nature Association building on Fall River Road. 2. PROPOSED REVISIONS TO PARK THEATER MALL RIVERWALK CONNECTI^ Since the last regular EPURA meeting, discussions have continued between Roger Thorp Dir. Smith, Chairman Swank and Sharon Seeley, owner of Park Theater Mall, regard to the continuation of the Riverwalk. As a result of these furth®rJ'^^Jjss,°n® ^ variation on the Riverwalk options that had previously been presented to the Commissioners was proposed. This alternative plan provides for relatively straght acc^^s through the Park Theater Mall, with little disruption to the leasable space within the mallTnd to the mail’s tenants. The plan incorporates the use of water features RECORD OF PROCEEDINGS Estes Park Urban Renewal Authority - December 19, 2007 - Page 2 similar to those used in Riverside Plaza and unique indoor-type features that will be exclusive to this portion of the Riverwalk. Locking doors will provide security for the stores located in the mall while access to the Riverwalk will be available 24 hours a day. The Commissioners discussed the alternative plan including the following topics, incorporating space to display local artistic works; future maintenance of the Riverwalk water features; issues that may occur in the area during high winds; landscaping; 100 year flood levels; and phasing and scheduling of the project. Ms. Seeley stated that she is pleased with the alternate plan and the Commissioners agreed to proceed. RESOLUTION #381 - AMENDING THE FISCAL YEAR 2007 BUDGET Dir. Smith read Resolution #381 approving an amendment to the 2007 budget to coyer non-budgeted expenses incurred during the year related to the blight study, preparation of the new urban renewal plan, and legal advice related to these activities. Upon approval, the General Fund expenditures will be increased from $231,929 to $265,000. After discussion, it was moved and seconded (Little/Steige) to adopt Resolution #381, and it passed unanimously. RESOLUTION #382 - ADOPTION OF 2008 BUDGET AND ALLOCATION OF FUNDS Dir. Smith read Resolution #382 adopting a budget for the fiscal year beginning on the 1st day of January, 2008 and ending on the 31st day of December, 2008 and appropriating funds for the implementation of said budget. The estimated expenditures for EPURA 2008 funds are as follows: General Fund Capital Projects Debt Service Fund $ 210,000 $1,500,000 $ 924,087 Discussion included deferring the signage project to provide time to narrow its scope and make revisions to the project, and the timing of project expenses related to the receipt of revenue. It was moved and seconded (Wilcocks/Little) Resolution #382 be approved as presented, and it passed unanimously. PFgni 1 iTinN #383 - AUTHORIZATION OF CHAIRMAN TO ENTER INTO nONTRACT FOR DESIGN AND CONSTRUCTION OF RIVERWALK CONNECTION Dir. Smith presented the following estimated costs for the design and construction of the Riverwalk connection through the Park Theater Mall based on the alternative plan presented earlier in the meeting: Thorp Associates Design Studios West Van Horn Engineering Heath Construction TOTAL $33,500 69,300 43,324 1.288.531 $ 1,434,655 Discussion ensued on the following topics: project will be completed 'n three phases breakdown of cost for each Phase; scheduling of Phase 1 to be completed by April 15 to reduce impact on Park Theater Mall merchants; permits for work required in fhe river channel; exception to the competitive bidding process due to expediting project and design/build process; competitive bidding is not mandated but good practice, a consideration of authorizing Phase 1 and Phase 2 and requesting guaranteed maximum prices. RECORD OF PROCEEDINGS Estes Park Urban Renewal Authority - December 19, 2007 - Page 3 It was moved and seconded (Wilcocks/Repola) to amend Resolution #383 to authorize the Chairman to enter into contracts for Phase 1 and Phase 2 of the Riverwalk connection through the Park Theater Mall at a cost not to exceed $900,000, and it passed unanimously. Authorization to proceed with Phase 3 construction work will be requested at a later date. Whereupon, Chairman Swank adjourned the regular meeting at 9:20 a.m. Cynfnia Deats, Deputy Town Clerk