HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority 1993-09-02BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority
^September 2, 1993
Commissioners:
Attending:
Also Attending:
Absent:
J. Donald Pauley, Polly Gunn, Carl Henderson,
Gary F. Klaphake, Richard S. Putney, Gerald W.
Swank
Chairman Pauley, Commissioners Gunn, Henderson,
Klaphake, Putney, and Swank
Executive Director Anderson, Deputy Clerk Kuehl
None
The meeting was called to order at 8:00 a.m.
MINUTES
Minutes of the August 12, 1993 regular meeting were approved as
prepared.
CITIZEN PARTICIPATION
David Czapp, News Director at KRKI, introduced himself and announced
he would be covering all future meetings.
FINANCIAL REPORTS
After review of the financial report. Commissioner Henderson
reported that lower interest rates have decreased interest income
significantly. However, expenditures are within budget. It was
moved and seconded (Henderson-Putney) that the financial report
ending July 31, 1993 be accepted into the record as presented, and
it passed unanimously.
LIAISON
Commissioner Klaphake reported that the Joint Budget Committee will
consist of two Trustees and two Commissioners, along with the Mayor.
Trustee Hix and Trustee Gillette have been appointed from the Board.
Chairman Pauley will appoint two Commissioners within the next two weeks.
AUTHORITY BUSINESS
Approval of ICMA (Retirement) Administrative Services Agreement.
ICI^^ Retirement Corporation has requested a change in EPURA's
original agreement due to growth in participation and services. The
new Administrative Services Agreement offers more detail relating to
the^ services provided. This proposal requests a signature to
indicate acceptance, but it is not required for the agreement to
become active. It was moved and seconded (Putney-Swank) that the
ICMA Retirement Corporation Administrative Services Agreement be
accepted as presented, and it passed unanimously.
Colorado National Bank/Money Market Funds: Colorado National Bank
is requesting that EPURA's uninvested cash funds be converted to
either the First American CT Treasury Fund or the First American CT
Government Fund. The treasury funds receive slightly lower interest
rates but are government backed. No response to this request by
September 10 will result in the funds remaining in a non-interest
bearing account. It was moved and seconded (Henderson—Gunn) that
the cash funds be invested in the First American CT Treasury Funds,
and it passed unanimously.
BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority, September 2, 1993 - Page 2
STAFF
Director Anderson suggested that the Commissioners attend a
"Gateways to the 21st Century" workshop at the YMCA of the Rockies,
Friday and Saturday, September 17 and 18. This seminar is sponsored
by the National Park Service and Larimer County. Registration is
$25.00. The agenda will be distributed to the Board.
Director Anderson reported that work on the Stanley Roadway will
begin September 7, with completion scheduled for November 1.
Director Anderson requested that the next regularly scheduled
meeting of the Board be moved from September 16 to the 15. It was
moved and seconded (Gunn-Klaphake) that the meeting be rescheduled
for Wednesday, September 15, and it passed unanimously.
There being no further business, it was moved that the Board adjourn
to Executive Session to discuss negotiations regarding river
corridor easement. Those voting Yes: Gunn, Henderson, Klaphake,
Pauley, Putney, and Swank. Those voting No: None. The meeting
adjourned at 8:15 a.m. The next meeting will be September 15,
1993, at 8:00 a.m.
Tina Kuehl, Deputy Town Clerk