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HomeMy WebLinkAboutMINUTES - Urban Renewal Authority - Joint Session 1989-08-01BRADFORD PUBLISHING CO. RECORD OF PROCEEDINGS Joint Session August 1, 1989 Board of Trustees/Estes Park Urban Renewal Authority Board of Trustees: Mayor Dannels, Trustees Aldrich, Barker, Dickinson, Garrett, Habecker and Hix Board of Commissioners: Chairman Phares, Commissioners Ericson, Godbolt, Hondius, Pauley and Pohl Attending: Also Attending: Mayor Dannels, all Trustees, Chairman Phares, Commissioners Ericson, Godbolt, Hondius and Pohl Town Administrator/Commissioner Klaphake, Public Works Director Widmer, Community Development Director Stamey, Executive Director Anderson, Technical Planner Joseph, Clerk O'Connor Absent: Commissioner Pauley Mayor Dannels called the joint meeting to order at 1:06 P.M. EPURA 5-YEAR CAPITAL PROJECTS PLAN - PRESENTATION. Town Administrator Klaphake reported that EPURA was advised of the Town's intent to enter a joint venture to construct a conven- tion center. EPURA does anticipate coordinating their projects to compliment such a center. Executive Director Anderson presented EPURA's 5-year Capital Projects, as follows: East Corridor Riverwalk - the riverwalk will extend from East Riverside Drive to the new pedestrian bridge to be constructed over the Big Thompson River on Highway 36. The riverwalk design will be responsive to redevelopment as it occurs along the riverway, and will offer an alternative route to downtown for conference center pedestrians. Anticipated budget for this construction work is $600,000. Anticipated completion date is Spring, 1991. Old Lumberyard and Ice House Parking Lots - landscaping will include a continuation of the riverwalk from Tregent Park to the north side of West Park Center. Anticipated budget for construction of both parking lots is $230,000±; this will be a 1990 project. Moraine Avenue - extension of the downtown streetlights south on Moraine Avenue to the public restrooms near Gaslight Square. Anticipated budget is $50,000; the com- pletion date was not available. Bond Park - this project will be done simultaneously when the Town redevelops Bond Park in 1992. EPURA will work in improvements to Park Lane and MacGregor Avenue surrounding the Park. Includes are sidewalks and lighting. Anticipated budget is $120,000. Trolley - a shuttle system will be funded in EPURA's budget. The trolley will provide shuttle services to the motels active in housing guests for the convention center. The budget amount is $50,000/year, with funding to be derived from returned increment. BRADFORD PUBLISHING CO. RECORD OF PROCEEDINGS Joint Session - August 1, 1989 - Page two EPURA's contribution to maintenance of its constructed amenities will be $100,000±, and a $15,000 replacement fund transfer is anticipated. An addition of $75,000 to EPURA's Reserve Fund, and a $10,000/year transfer to the library construction fund will also be budgeted. EPURA anticipates a $1 Million Bond Issue (approximately) to provide funding for the projects. The Trustees commended EPURA in coordinating the riverwalk project with the conference center. MISCELLANEOUS. Director Anderson commended Public Works Street Superintendent Ford for his efforts toward the Old Lumberyard Parking Lot, particularly the grading work. The lot is receiving a great deal of use. There being no further business, Mayor Dannels adjourned the meeting at 1:43 P.M. Vickie O'Connor, Town Clerk