HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority 1999-12-15BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
/Estes Park Urban Renewal Authority
December 15, 1999
Commissioners:
Attending:
Absent:
Also Attending:
Carl Henderson, Tamara Jarolimek, Richard S. Putney, Paula Steige,
Gerald W. Swank, Al Wasson, Rich Widmer
Chairman Putney, Commissioners Henderson, Jarolimek, Steige, Widmer
Commissioners Wasson and Swank
Executive Director Smith, Deputy Clerk van Deutekom
Chairman Putney called the regular meeting to order at 8:00 a.m.
AGENDA
It was moved and seconded (Henderson/Steige) to approve the agenda, and it passed
unanimously.
MINUTES
It was moved and seconded (Steige/Jarolimek) that the November 17, 1999 meeting
minutes be approved as presented, and it passed unanimously.
FINANCIAL REPORT
Finance Officer Vavra presented the November Cash Flow Reports.
COMMISSIONER AND COMMITTEE REPORTS
None
COMMUNITY COMMENTS
None
PROJECT REPORTS/ACTIONS
Executive Director’s Report. Executive Director Smith and Finance Officer Vavra presented
a revenue stream and cash flow summary for the Authority. The main revenue source is tax
increment, or the incremental growth in the tax receipts from the base year. There are two
sources of incremental taxes: property taxes and sales taxes.
Overview of Budgetary Process - Report. Executive Director Smith reported that last year
EPURA followed the same budget procedure as the departments of the Town of Estes Park and
prepared a two-year budget for 1999/2000. The following items were distributed: the budget
message, the 1999/2000 budget, the budget preparation worksheet for 2000 (including general
fund, debt service cash flow, and beginning and ending balances), and the payment schedule
for lease/purchase of the Knoll Property. Executive Director Smith noted that the required
public notice was published in the Trail Gazette on November 19, 1999.
Public Hearing and Adoption of 2000 Budget. Executive Director Smith read Resolution 279
adopting a budget for the fiscal year beginning the 1st day of January, 2000 and ending on the
31st day of December, 2000 and appropriating funds for the implementation of the budget.
Chairman Putney opened the public hearing. There being no public comment. Chairman
Putney closed the public hearing. It was moved and seconded (HendersonAA/idmer) that
Resolution 279 be approved as presented, and it passed unanimously.
BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority, December 15,1999 - Page 2
Executive Director read Resolution 280 amending the 1999 debt service fund budget from
$3,064,263 to $3,089,263. It was moved and seconded (Henderson/Jarolimek) that
Resolution 280 be approved as presented, and it passed unanimously.
There being no further business. Chairman Putney adjourned the meeting at 8:25 a.m. The
next regular meeting will be January 19, 1999 at 8:00 a.m.
VQa\^ //
Rebecca van Deutekom, Deputy Town Clerk