HomeMy WebLinkAboutMINUTES - Urban Renewal Authority - Joint Session 1988-03-01BRADFORO PUBLISHING CO.
RECORD OF PROCEEDINGS
Joint Session
March 1, 1988
Board of Trustees/Estes Park Urban Renewal Authority
Board of Trustees: Mayor Dannels, Trustees Aldrich, Barker,
Brown, Dickinson, Habecker and Hix
Board of Commissioners: Chairman Phares, Commissioners Ericson,
Godbolt, Hondius, Pauley and Pohl
Attending: Mayor Dannels, Trustees Barker,
Dickinson, Habecker and Hix; Chairman
Phares, Commissioners Godbolt, Hondius,
and Pohl
Also Attending: Town Administrator/Commissioner Hill,
Executive Director Anderson, Public
Works Director Widmer, Technical Planner
Joseph, Clerk O'Connor
Absent: Trustees Aldrich and Brown; Commission-
ers Ericson and Pauley
NAGL WALKWAY/ARCADE BUILDING.
Executive Director Anderson reported EPURA has reached an agree-
ment with Mike Nagl for the purchase of a public pedestrian and
utility easement and the arcade building. A drawing, dated
January 19, 1988, identifying the "Nagl Walkway" and proposed
easement was submitted. The acquisition is necessary for the
development of the river park/plaza project. EPURA is purchasing
the property for $25,000. Mr. Nagl is releasing his right to
build on the property. The perpetual use pedestrian easement,
fully described in Parcel B of the contract, may be terminated
should Mr. Nagl extend and improve the existing building over or
within the easement. If construction is commenced prior to June
1, 1989, Mr. Nagl will reimburse EPURA the entire cost of public
improvements EPURA may have constructed within the easement area.
The reimbursement amount will decrease 20% each year; if such
improvement construction is commenced after June 1, 1993, no
reimbursement shall be paid to EPURA. Any future expansion by
Mr. Nagl, etal, would be confined to the envelope; expansion
could only take place on the second floor.
The Town has an existing easement for Lots 32, 33 and a portion
of Lot 36, Riverside Subdivision for the Dark Horse Parking Lot;
the deed is dated January 7, 1980. EPURA requested the Town
vacate the existing easement and approve an easement as described
in Exhibit A of the Contract. Following discussion, the Board of
Trustees consented to EPURA's request to vacate the existing
easement and grant a new easement, as more -fully described in the
contract. Upon receipt of the legal document, Director Anderson
will forward the easement to the Town for execution.
Closing on the property should occur on Thursday, March 3, 1988.
Demolition of the arcade building should occur on Monday, March
7th.
Trustee Barker requested an update on the "push carts." Director
Anderson advised EPURA does consider the push cart a viable
opportunity in the Confluence Park/Plaza area; EPURA anticipates
submitting a proposal to the Planning Commission in April.
Director Anderson also presented a drawing of the proposed
landscaping for the Nagl Walkway area. A "water feature" will be
included as well as light fixtures and benches.
BRADFORD PUBLISHING CO.
RECORD OF PROCEEDINGS
Joint Session - March 1, 1988 - Page two
BOYD BUILDING.
Closing on the Boyd Building occurred Monday, February 29, 1988.
Unofficially, the developer will attempt to complete redevelop-
ment prior to Memorial Day, 1988.
REPORTS.
Commissioner Hondius expressed his appreciation for the coop-
eration offered by the Board of Trustees and Town staff concern-
ing EPURA's negotiations with the developer of the Boyd Building.
Director Anderson reported the affidavits regarding the notaries
for the Amended Plat of Lots 1 through 9 and a portion of Lot 10,
Block 5, 2nd Amended Plat have been received. Following exe-
cution by the Town, the plat will be submitted to Larimer County
for recording.
There being no further business, the meeting adjourned.
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Vickie O'Connor, Town Clerk