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HomeMy WebLinkAbout08/15/2006AGENDA WHEAT RIDGE iTRBAN RENEWAL AUTHORITY August 15, 2006 Notice is hereby given of a Public Meeting to be held before the City of Wheat Ridge Urban Renewal Authority on Tuesday, August 15, 2006, at 6:00 p.m., in the City Council Chambers of the Municipal Building at 7500 West 29th Avenue, Wheat Ridge, Colorado. L Call the Meeting to Order 2. Roll Call of Members 3. Approval of Minutes - July 18, 2006 4. Publie Forum (This is the time for any person to speak on any subject not appearing on the agenda. Public comments maybe limited to 3 minutes.) 5. Executive Session under C.R.S. Section 24-6-402(4)(b) for the purpose of receiving legal advice regarding specific legal questions regarding the terminated 38t" Avenue and Sheridan Boulevard redevelopment project. 6. New Business _ 7. Adjournment MINUTES OF WHEAT RIDGE URBAN RENEWAL AUTHORITY July 18, 2006 5:30 p.m. 1. CALL THE MEETING TO ORDER The meeting of the Wheat Ridge Urban Renewal Authority was called to order by Chair Williams at 5:45 p.m. in the council chambers of the Municipal Building, 7500 West 29th Avenue, Wheat Ridge, Colorado. 2. ROLL CALL OF MEMBERS Authority members present: James Bahrenburg Teri Carver 7anet Leo Terrell Williams Pete Ziemke Coxnxnissioners absent: Dennis Boyat Dean Gokey Also alfending: Alan White, WRlJRA Executive Director Corey Hoffinann, Attorney for WRi.TRA Ann Lazzeri, Recording Secretary 3. APPROVAL OF MINUTES - June 20, 2006 It was moved by James Bahrenberg and seconded by Janet Leo to approve the minutes of June 20, 2006. The motion passed unanimously. 4. PUBLIC FORUM There was no one to address the Authority. 5. OUTSIDE AGENCY REPORTS • Chair Williams presented an update on WYieat Ridge 2020. 6. NEW BUSINESS A. Ratification of Approval of Intergovernmental Agreement with City It was moved by Pete Ziemke and seconded by James Bahrenberg to ~ adopt Resolution No. 3-2006 approving an intergovernmental agreement, as amended, between the Wheat Ridge Urban Renewal WRURA July 18, 2006 - 1 - Authority and the City of Wheat Ridge with a correction to Section 2 to change Resolution 3-2006 to Resolution 2-2006. The motion passed unanimously. B. Update on Cornerstone Lawsuit Corey Hoffmann reported that a decision has not yet been issued on this case. C. Discussion of Wheat Ridge 2020 and WRURA Roles There was discussion regarding the possibility of WRURA and Wheat Ridge 2020 working in conjunction under the direction of the WR2020 director. Chair Williams explained that the Intergovemmental Agreement allows WRiJRA to pay for a director's position which is currently filled by Alan White. WR2020 also has a director. One azgument for working in conjunction with WR2020 is that it would allow for pursuit of, holding and transferring property to go forward in a manner that is less practical for WRURA to do by itsel£ WRURA and WR2020 would still perform their separate and distinct roles. Chair Williams and Alan White explained that the possibility of these two entities working in conjunction with one another is purely speculative at this point and there is no urgency at this time to make a decision. Many details remain to be considered and worked out before such a decision could be made. D. Other Discussion Alan White reported that he has not yet heard back from Wheat Ridge Cyclery regarding a TIF agreement. Neither has he heard back from the developer at 38`h and Depew. He reported that WRLIRA has completed obligations under the court order to deposit funds into the Walgreens escrow account. This leaves approximately $80-90,000 in the budget. The Town Center increment is on tazget and there is approximately $40-50,000 in property tax increment to collect. There should be approximately $250,000 in the budget at year's end. • Chair Williams requested Alan White to continue attempts to contact the owner of the abandoned restaurant on 38ffi Avenue to discuss the possibility of WRURA and WR2020 assistance. . Teri Carver asked if WRITRA could contact the owners of Marc's. Alan White was directed to send a letter requesting that, if the owners of Marc's plan to make improvements to the property, they contact WRURA to see if there is a possibility of working together. 1 WRiJRA Ju1y 18, 2006 - 2 - Chair Williams reported that the Camelot apartments on Kipling were sold last week. There was discussion regazding the possibility of initiating blight studies for other azeas of the city. Corey Hof&nann suggested that this might be a good topic of discussion for a joint study session with City Council. D. There was a consensus to conduct WRURA meetings once a month on the third Tuesday of the month. Meeting times were changed to 6:00 p.m. The next WRIJRA meeting is scheduled for August 15, 2006. 7. ADJOURNMENT The meeting was adjourned at 6:32 p.m. Terrell R. Williams, Chair Ann Lazzeri, Recording Secretary WRLJRA July 18, 2006 -3-