HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority 2010-06-16RECORD OF PROCEEDINGS
Town of Estes Park, Larimer County, Colorado, June 16, 2010
Minutes of a Regular meeting of the ESTES PARK URBAN RENEWAL
AUTHORITY of the Town of Estes Park, Larimer County, Colorado.
Meeting held in the Municipal Building in said Town of Estes Park on
the 16th day of June, 2010.
Commissioners:
Attending;
Also Attending:
Absent:
Chairman Newsom, Commissioners Blume, Halburnt, Little,
White and Wilcocks
Chairman Newsom, Commissioners Blume, Halburnt, and
Wilcocks
EPURA Executive Director Richardson and Deputy Town
Clerk Deats
Commissioners Little and White
Chairman Newsom called the meeting to order at 8:00 a.m.
COMMUNITY COMMENTS.
None
COMMISSIONER COMMENTS.
Commissioner Wilcocks noted that the grandstands at the fairgrounds are coming along
well and that he is looking fon/vard to the ribbon cutting/grand opening on June 30th.
MINUTES.
The minutes of the regular meeting held May 19, 2010, were approved.
RESOLUTION #395 - AUTHORIZING TRANSFER OF EPURA ASSETS. RIGHTS.
AND LIABILITIES TO THE TOWN OF ESTES PARK.
In preparation for the abolishment of EPURA on July 26, 2010, and on advice from
Attorneys Benedetti and White, staff researched property easements that were held in
EPURA’s name. Four easements were located that remain to be transferred to the
Town of Estes Park. A Special Warranty Deed was prepared, replacing the Quit Claim
Deeds included in the original meeting packet, to transfer these easements. Resolution
#395 authorizes the transfer of all EPURA assets, rights, and liabilities to the Town of
Estes Park, including property of any kind, and contracts. Executive Director
Richardson stated that the attorneys had made minor revisions to the resolution that
was included in the original packet, and read the changes into the record. If the
resolution is approved by EPURA, no additional action is required on the part of the
Town Board to formalize the acceptance. After discussion, it was moved and
seconded (BlumeAA/ilcocks) to approve Resolution #395 as amended transferring
EPURA assets, rights, and liabilities to the Town of Estes Park, and it passed
unanimously.
DISCUSSION ITEMS AND REPORTS.
1. Financial Update - Finance Officer McFarland reviewed EPURA’s financial
activity stating that the property tax increment received as of May 31,2010, totals
$89,569, exceeding the original 2010 budgeted amount of $20,400. In addition,
EPURA has spent $1.24 million on capital projects as of May 31st, $386,000 of
which are Town funds which were allocated to the Grandstands Project. Upon
the abolishment of EPURA, any cash balance and existing bills will be
transferred to the Town. Finance Officer McFarland will take care of details
related to closing out EPURA accounts and depositing property tax increment
monies received in the future.
2. Grandstands Project Update - The project is currently 93% expended and in
RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority - June 16, 2010 - Page 2
3.
week 34 of a 34 week project schedule. The Temporary Certificate of
Occupancy was issued on June 11 in time for the Wool Market. The contractor
was given an additional eight days to complete the project and to address items
included on a punch list compiled by Public Works Director Zurn. Due to
scheduling difficulties with the metal siding, the fa?ade material was changed
from metal to wood siding, with input from the ad hoc committee, and is currently
being installed. The contractor will be concentrating on punch list items and
items of concern such as water leakage in the bleacher area. When cleaning the
bleachers, a large percentage of water leaks through the seating area. The
manufacturer is working with the contractor and staff to resolve this matter.
Approximately $89,000 of the construction contract will be retained until
completion of the punch list is accomplished. Mgr. Winslow reported that the
arena has been restored and is in good condition for the season.
Facade Improvement Program Update - Letters were sent to property owners
with approved fagade improvement program applications reminding them of the
July 1st deadline for reimbursement requests. As of this date, reimbursements in
the amount of approximately $30,000 remain outstanding.
Whereupon, Chairman Newsom adjourned the regular meeting 8:25 a.m.
Cynthia Deats, Deputy Town Clerk