HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority 1990-11-01BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority
November 1, 1990
Commissioners:
Attending:
Also Attending:
J. Donald Pauley, Edward B. Pohl,
John M. Ericson, Jim Godbolt
Carl Henderson, Pieter Hondius
Gary F. Klaphake
Chairman Pauley, Commissioners Pohl, Ericson
Godbolt, Henderson, Hondius, Klaphake
Executive Director Anderson
Technical Planner Joseph
Secretary Heifner
PUBLIC HEARING fContinued^
Chairman Pauley declared the October 30, 1990 public hearing which
was continued to November 1, 1990, open for discussion.
Richard Putney, Treasurer/Forward Estes Park Foundation read an
October 24, 1990 letter from the Foundation addressed to the Town
Trustees, Planning Commission, and Urban Renewal Authority. The
letter strongly supports the factory outlet retail development by
Stanley Commercial Development, LTD.
Hearing no further comment. Chairman Pauley declared the public
hearing closed.
MINUTES
Minutes of the October 18, 1990 regular meeting and October 30,
1990 public hearing were approved as prepared.
COMMITTEES
Development - Committee minutes were read into the record and it
was moved and seconded (Pohl-Godbolt) the minutes of the October
25, 1990 Development Committee meeting be accepted into the record.
Motion carried. It was moved and seconded (Pohl-Godbolt) the
minutes of the October 31, 1990 Development Committee meeting be
accepted into the record, noting the public hearing date should
read October 30, 1990. Motion carried.
LIAISON
Commissioner Klaphake noted the Town Board reappointed him to serve
as Commissioner on the Urban Renewal Board with the qualification
that he may abstain from voting on matters of policy where such
issues are before both the URA and Town Boards.
AUTHORITY BUSINESS
Development Review - Rockv Mountain Factory Stores - It was moved
and seconded (Pohl-Klaphake) this matter be tabled until the
November 15, 1990 regular meeting with the following provisions:
1) A special meeting may be called to render a decision;
2) Public comment regarding the traffic impact study and
downtown economic analysis will be allowed at the November 15,
1990 meeting.
Motion carried.
Bill Van Horn suggested the Board consider rendering its decision
BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority - November 1, 1990 - Page 2
at its regular meeting on November 15, 1990.
Director Anderson noted the public may review the Traffic Study and
Economic Analysis at the URA office, or copies may be purchased for
$1.00 each.
Bids - Property Purchase Financing - Bids for financing a portion
of the Knoll property were solicited from local financial
institutions. First National Bank was the low bidder at 7.65%. The
Authority, through its auditor, has determined the proposed loan
qualifies as a tax-exempt obligation under Section 265 of the
Internal Revenue Code. It was moved and seconded (Hondius-Ericson)
staff be authorized to contact First National Bank regarding a loan
commitment for property purchase, the loan commitment contingent
upon the proposed factory outlet development being approved by the
Town Board and the project proceeding. Motion carried.
Approval of Additional Riverwalk Work - Grueff Parking Lot - This
work involved removal of a section of sidewalk and installation of
an 8 inch drain from the parking lot to the river. It was moved
and seconded (Klaphake-Ericson) Cornerstone Concrete be reimbursed
$1,000.00 for work performed at the parking lot east of the
"Mountain Man" building and an amount of $200.00 be allowed for the
drain inlet grate. Motion carried.
STAFF
1) Sundance Center streetlight work will begin November 2nd with
completion next week.
2) The Finance and Budget Committee will meet the week of
November 12th to review a draft 1991 budget.
3) Preliminary design of the West Elkhorn Parking Lot is
completed. Cost estimate preparation is proceeding and will be
presented to the Board when completed.
There being no further business. Chairman Pauley adjourned the
meeting.
• • •
Recording Secretary