HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority 1995-01-26BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority
January 26, 1995
Commissioners:
Attending:
Also Attending:
Polly Gunn, Carl Henderson, George J. Hix,
Gary F. Klaphake, Randy R. Martin, Richard S.
Putney, Gerald W. Swank
Chairman Gunn, Commissioners Henderson, Hix,
Klaphake, Martin, and Putney
Executive Director Anderson, Deputy Clerk
Kuehl
Absent:Commissioner Swank
Chairman Gunn called the special meeting to order at 1:00 p.m.
AUTHORITY BUSINESS
Resolution No. 226: Director Anderson read the resolution. Lot 2,
Stanley Knoll Subdivision, consists of 9.29 acres and, in the Estes
Park Downtown Redevelopment Plan, was designated for public uses
such as parking and public buildings. The property is currently
for sale on the open market by the owners, UAC Partnership in
Greeley. An appraisal has been completed. An opinion survey will
be mailed February 2nd to registered voters in the Town of Estes
Park to determine whether this property should be purchased for
public use and will act in response to such survey. The negotiated
option to purchase includes the land purchase over 10 years,
$135,000 annually, with 8.1% average interest, for a total cost of
$1.35 million. The Authority would take immediate possession with
the ability to construct improvements. Four acres will be
designated as open space, 2.5 acres for parking area, and 2.5 acres
for public facilities, such as an amphitheater. Pending the
outcome of the poll, UAC Partnership agreed to a matching donation
of $50,000 toward acquisition of open space in Meadowdale Ranch.
Director Anderson distributed further information on the Knoll.
Paul Kuna, 1015 S. St. Vrain Avenue, commended the Board on the
positive steps being taken regarding the combined Knoll purchase
and the Meadowdale Ranch open space. Commissioner Putney commended
Staff for the persistence and creativity in the required
negotiations. It was moved and seconded (Gunn-Putney) that
Resolution No. 226 be approved and authorized Staff to prepare
legal documents for the option purchase agreement for the purchase
of the Knoll and to issue payment for $5,000 for such option. A
roll call vote was taken. Those voting "yes": Gunn, Henderson,
Martin, and Putney. Those voting "no": none. Those abstaining:
Hix and Klaphake. The motion passed.
There being no further business, the meeting adjourned at 1:22 p.m.
The next regular meeting is scheduled for February 15, 1995, at
8:00 a.m.
LTina Kuehl, Deputy Town Clerk