The URL can be used to link to this page

Home My WebLink AboutMINUTES Administrative Committee 1988-08-110 0 BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS /Administrative Committee August 11,1988 Committee:Chairman Hix,Trustees Aldrich and Dickinson Attending:All Also Attending:Trustees Barker,Garrett,and Habecker, Town Administrator Klaphake,Finance Officer Vavra,Clerk O’Connor Absent:None Chairman Hix called the meeting of the Administrative Committee to order at 3:07 P.M. FINANCING ALTERNATIVES -FINANCIAL ADVISOR REPORT. The Committee reviewed a letter dated July 25,1988 submitted by the Town’s financial advisor——Boettcher &Company.Boettcher identified municipal financing alternatives including general obligation bonds,revenue bonds,lease purchase financings,and special assessment bonds.Each structure contains a slightly different profile concerning voter requirements,debt limita tions,and security features.No further action was taken by the Committee. PUBLIC SERVICE COMPANY FRANCHISE AGREEMENT -DISCUSSION. The Committee reviewed a letter dated August 2,1988 submitted by Public Service Company.The franchise agreement between Public Service and the Town was signed in 1967;the term of the agree ment was 25 years.Public Service is interested in renewing the agreement and they provided staff with sample agreements of similar municipalities.The Committee recommends meeting with Public Service,authorizing Town Administrator Kiaphake to review and present alternatives to a franchise agreement with Public Service. EMPLOYEE SEVERANCE AGREEMENT -DISCUSSION. Finance Officer Vavra reported that upon retirement,Don Engelhardt received a travel certificate which was to be redeemed by December 31,1988.Mr.Engelhardt is not able to redeem the certificate and is requesting a conversion to cash.Following discussion,the Committee recommends approval of the request. The Committee also recommends staff prepare and submit a “sever ance policy”for further discussion by the Committee. TICKET SALES IN TRANSIT CENTER -DISCUSSION. Town Administrator Klaphake advised he had received a request from the Realtors to use the Transit Center to sell tickets for a “Home Show”;all proceeds are to be given to the Museum.Dis cussion followed regarding (1)sale of tickets for “public purpose”vs.a “profit venture”;(2)portable tables;(3)the kiosk/information center which was to be placed adjacent to Bond Park;and (4)the potential for encouraging crime if tickets are sold to the public-at-large.The Committee recommends denial of the request,directing staff to contact the Colorado Municipal League to obtain any pertinent information with regard to ticket sales on public property. 0 RECORD OF PROCEEDINGS Administrative Committee -August 11,1988 -Page two ROCKY MOUNTAIN NATIONAL PARK 75th ANNIVERSARY -REQUEST FOR TOWN FUNDING. Administrator Kiaphake reported Rocky Mountain National Park will be celebrating their 75th Anniversary in 1990.Plans are under way to celebrate this auspicious occasion and a steering commit tee has been appointed.The Committee includes representatives from Denver,Estes Park,and Grand Lake.Educational campaigns will be instituted to make everyone aware of Rocky Mountain National Park.Long—term recognition should result in returns to Estes Park.The steering committee is in the process of preparing a “logo”marking the Park’s 75th Anniversary.Funding is necessary to prepare the logo for marketing and Administrator Klaphake requested the Town allocate $2,000 toward this effort. Grand Lake will fund $500.00.Discussion followed,with the Committee recommending approval of the request,and funding to be expended from the 198$Advertising Budget.Trustee Garrett stated various Federal employees are assigned to “special assignment”,perhaps an employee is available to work on this project.This suggestion will be submitted to Park Superintendent Thompson. REPORTS. The Committee reviewed a letter dated July 12,1988 submitted by John Phipps.Mr.Phipps is a member of a committee studying the possibility of Estes Park joining the Loveland/Berthoud United Way.Mr.Phipps questions whether the Town had the capability of payroll deduction.Finance Officer Vavra advised Mr.Phipps the Town does have such a capability.No further action was taken. Finance Officer Vavra reported the first draft of the 1989 Budget will be submitted to the Board of Trustees in September. There being no further business,Chairman Hix adjourned the meeting at 4:01 P.M. Vickie O’Connor,Town Clerk APPRoV7 AUG23 Uf ESIES PARK I L.BOARD OF TRUSTEES