HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority 2010-04-21RECORD OF PROCEEDINGS
Town of Estes Park, Larimer County, Colorado, April 21, 2010
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 April, 2010.
Commissioners:
Attending:
Also Attending:
Absent:
Chairman Newsom, Commissioners Blume, Halburnt, Little,
White and Wilcocks
Chairman Newsom, Commissioners Blume, Halburnt, Little,
White and Wilcocks
EPURA Executive Director Richardson and Deputy Town
Clerk Deats
None
Chairman Newsom called the meeting to order at 8:00 a.m.
COMMUNITY COMMENTS.
None
COMMISSIONER COMMENTS
Commissioner Little announced that Thursday, April 22, 2010 is Earth Day.
MINUTES.
The minutes of the regular meeting held March 17, 2010, were approved.
DISCUSSION ITEMS AND REPORTS.
1 • Facade Improvement Program Update - At the regular March meeting of EPURA
the Commissioners set an ending date for the Fagade Improvement Program.
Due to the abolishment of EPURA, a deadline of April 15, 2010, for new
applications and a July 1, 2010, deadline for reimbursement requests was
approved. 33 new applications were received prior to the April 15th deadline
bringing the total cost of the program to approximately $70,000. A broad
sampling of businesses has utilized the program to make exterior improvements
to their business locations. Any Facade Improvement Program funds not
expended have been dedicated to the Grandstands Project.
2. Grandstands at Stanley Park Fairgrounds Update - Through April 19, 2010, the
Grandstands Project is in week 25 of a 34 week project or 73% through the
project schedule, and the budget is 77% expended. The expected project
completion date remains June 14, 2010. As reported at the March EPURA
meeting, the project is currently over budget. At their regular meeting held April
13, 2010, the Town Board approved dedicating an additional $200,000 to be
utilized towards the completion of the project. A meeting of the Ad Hoc
Committee is scheduled for April 22, 2010, to review project progress and the
plans for the tenant finish at the concession stand. An event to celebrate the
completion of the Grandstands is scheduled for June 25, 2010. Additional
information will be forthcoming from Public Information Officer (PIO) Rusch.
3. Financial Report - Finance Officer McFarland reviewed the expenditures related
to the Grandstands Project and stated that EPURA’s fund balance was at
approximately $40,000. He stated that tax increment financing (TIF) funds will
continue to be received throughout the year, but that it is difficult to predict in
what amount, and that any TIF revenue received by EPURA is committed to the
Grandstands Project. As the sixth pay application from Taylor Kohrs was
RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority - April 21, 2010 - Page 2
received on April 16th in the amount of $352,000, funds committed by the Town
to the Grandstands Project will begin to be utilized to complete the project.
Finance Office McFarland said that an accounting of expenditures will be
reported to both the EPURA and Town Boards through the end of the project.
Exec. Director Richardson noted that staff continues to monitor the budget and
negotiate change order costs noting that $245,000 in change orders have been
negotiated down to $127,000.
MISCELLANEOUS.
Subsequent to the passing of the initiated ordinance to abolish EPURA, Town Atty.
White recommended any easements owned by EPURA be transferred to the Town of
Estes Park. Exec. Director Richardson said that research into this matter is ongoing.
Exec. Director Richardson stated that legal steps have not yet been taken to recover
EPURA funds that were provided for the painting of a mural at the Local Roots Coop.
He said that the former owner of the Coop has stated that the mural will be completed.
EPURA Atty. Benedetti will pursue steps to recover the EPURA funds that we not
dedicated to the mural.
The Cultural Arts Council of Estes Park (CACEP) contacted Exec. Director Richardson
in regard to $5,000 that EPURA provided CACEP for the construction of a deck at their
location. Due to issues related to easements, CACEP is unable to build the deck as
planned. Since the money was granted specifically for the construction of the deck, the
Commissioners concurred that the funds should be returned to EPURA and used for the
Grandstands Project. It was moved and seconded (Wilcocks/Little) to have the
Cultural Arts Council of Estes Park return $5,000 to EPURA and dedicate those
funds to the Grandstands Project, and it passed unanimously.
Whereupon, Chairman Newsom adjourned the regular meeting at 8:29 a.m.
CynftTiq(/Deats, Deputy Town Clerk