Loading...
HomeMy WebLinkAbout08/13/2001AGENDA CITY OF WHEAT RIDGE URBAN RENEWAL AUTHORITY Monday, August 13, 2001 5:30 p.m. Notice is hereby given of a Public Meeting to be held by the City of Wheat Ridge Urban Renewal Authority on August 13, 2001, at 5:30 p.m., in the second floor conference room of the Municipal Building at 7500 West 29th Avenue, Wheat Ridge, Colorado. 1. Call The Meeting to Order 2. Roll Call of Members 3. Approval of Minutes - July 9, 2001 4. Public Forum (This is the time for any person to speak on any subject not appear►ng on the agenda. Public comments may be limited to 3 minutes.) 5. Old Business 6. New Business A. Presentation - General Approach to Wadsworth and 38th Urban Renewal Plans B. Extension of Contract with Arthur Anderson and Associates to Prepare a Redevelopment Plan for the 44`"/Ward Area 7. Other Matters 8. Executive Session Executive session under §24-6-402(4)(a) &(e) C.R.S. to discuss the potential acquisition of property interests and determine positions related to matters which may be subject to negotiahons, developing strategies for negotiations ancl instructing negotiators related to the Wadsworth Corridor Redevelopment Area and Wadsworth Corridor Redevelopment Plan. 9. Adjournment CAICathy\Ecodev\AGENDAS\O I0813.wpd MINUTES OF WHEAT RIDGE LTRBAN RENEWAL AUTHORITY July 9, 2001 5:30 p.m. 1. CALL THE MEETING TO ORDER The Wheat Ridge Urban Renewal Authority meeting was called to order by Chair Mafthews at 5:30 p.m. 2. ROLL CALL OF MEMBERS Commissioners present: Kandi McKay Sandra Collins Vance Edwazds Mazilynn Force Jim Goddard Elwyn Kiplinger Janet Leo (arrived at 6:10 p.m.) Dick Matthews Commissioners absent: Rae Jean Behm Norm Burkpile Margy Platter Also attending: Alan White, Plamiing Director Jim Windholz, Urban Renewal Attorney Rick Buddin, Kutak Rock Steve Bell, Hanifen Imhoff Art Anderson, Arthur L. Anderson & Associates Ann Lazzeri, Secretary Justuuan Hatfield, Transcript Bob Olsen, The Chronicle 3. APPROVAL OF MINUTE5 The minutes of the regulaz meeting of June 11, 2001 were presented for consideration. Dick Matthews requested an amendment to page one to reflect the meeting started at 530 p.m. rather than 7:00 p.m. It was moved by Vance Edwards and seconded by Marilynn Force to approve the minutes as amended. The motion passed unanimously. 4. APPROVAL OF AGENDA Due to the fact that he will be voting on the blight resolution at City Council, Vance Edwazds stated that he would excuse himself from hearing the blight resolution item during this meeting. He requested that the agenda be amended to heaz this matter as the last agenda item. WRURA Minutes Page 1 07/09/O1 It was moved by Marilynn Force and seconded by Sandra Collins to move Item D regarding Resolution 01-03 to tast place on the agenda. The motion passed unanimously. 5. PUBLIC FORUM There were none present to address the Authority. 6. OLD BUSINESS There was no old business to come before the Authority. 7. NEW BUSINESS A. Consideration of entering into an a¢reement to engage the services of a financial advisor Alan White presented this matter. In order to have the needed expertise available to analyze financing options, the City's potential contribution and potential ballot issues, staff recommended that Hanifen Ixnhoff be hired as the City's financial advisor even though the full scope of development costs is still not known. Steve Bell addressed the Authority. He stated that his firm does not charge a retainer or chazge by the hour. A fee is chazged only upon the successful issuance of tax-exempt bonds. Jim Windholz stated his opnuon that it was important to have Hanifen Imhoff on board throughout the entire process. In response to a question from Vance Edwards, Jim Windholz stated that both the financial advisor and bond counsel should report directly to the Urban Renewal Authority with the city's approval. It was moved by Vance Edwards and seconded by Marilynn Force that the Authority engage the services of Hanifen Imhoff as the Authority's financial advisor and present that information to City Council on July 23, 2001 for ratification. The wotion passed unanfmously. B. Consideration of entering into an enga¢ement letter agreement with Kutak Rock for legal services related to financiaUbond matters Alan White presented this matter. Last year the Authority recommended and Council approved consulting with a bond attorney on matters pertaining to establishing an urban renewal plan. The proposed agreement would formally engage the services of Kutak Rock to provide bond counsel services. ( WRURA Minutes Page 2 07/09/Ol Steve Bell explained that fees would be charged in a two-stage basis. The first stage would involve one-half time chazges at speciai hourly rates plus out-of-pocket expenses for looking at redevelopment plans and working with developers before a bond issue becomes realistia The second half of the fee would be chazged if, and when, the bonds are issued. Kutak Rock would work on a deferred basis until the bonds aze issued. Fees would then be paid from bond proceeds. Jim Windholz stated his opinion that it was also very important to have Kutak Rock on board throughout the entire process to give advice on the Tabor amendment, tax-exempt matters, etc. It was moved by Vance Edwards and seconded by Marilynn Force that the Urban Renewal Authority have the Chairman of the Board of the Urban Renewal Commissioners sign the engagement letter with Kutak Rock as bond counsel and refer the letter for ratification at the next City Council meeting. The motion passed unanimously. C. Selection of consultant(s) to prepare urban renewal plans and establish interview committee• set times and date for interviews Alan White reported that two proposals were received and interviews scheduled to take place on July 10. The interview process for each consultant should take about an hour. Sandra Collins, Dick Matthews, Mazilynn Force and Vance Edwards will serve on the interview committee. (Vance Edwards left the meeting at 5:47 p.m. prior to the heazing of Resolution 01-03) D. Resolution 01-03: A resolution findine the existence of blight in the vicinitv of Ward Road and 44t Avenue and making recommendations t_o 4he i'Vhea4 Ridge Citv Council Art Anderson presented his findings from the survey performed by his company. He reviewed the fow exhibits which wili be presented to CiTy Council. The study concluded that there aze a number of factors of.blight by definition of the state statute found in the study azea. No residentially zoned properties were included in the study azea. The fmdings in Resolution 01-03 aze based upon the blight survey prepared by Arthur L. Anderson & Associates. Marilynn Force expressed concern about leaking underground storage tanks. Mr. Anderson stated that mitigation procedures have been in place, WRURA Minutes Page 3 07/09/Ol improvements made, and the state has now released the owners of the property from mitigation. She expressed fiirther concern regarding responsibility for clean-up of the remaining pollution and wanted to make sure the Authority would not be hit with cost overruns during redevelopment of that land. It was moved by Marilynn Force and seconded by Sandra Collins that the Authority accept Resolution 01-03 and forward it to City Council with a recommendation for approval. The motion passed unanimously. E. Budget Amendment Alan White reviewed his memoranduxn of July 3, 2001 to the Authority outlining the budget and yeaz-to-date expenses. He reported that the balance in the budget would not be sufficient to pay for the services of a consultant to prepare the urban renewal plans, a redevelopment management consultant or financial advisor. It was recommended that a budget amendment be approved to transfer funds into the Authority's budget in the amount of $100,000.00. It was moved by Marilynn Force and seconded by Kandi McKay that more information with a complete list off costs lnvolved (4hose incurred to date and those anticipated) be placed on the agenda for the next Urban Renewal Authority Meeting. The motion passed unanimouslye 8. OTHER MATTERS There were no other matters to come before the Authority. 9. ADJOURNMENT It was moved by Marilynn Force and seconded by Sandra Collins fo adjoum the meetfing at 6:20 p.m. The motion passed unanimously. Richard Matthews, Chair Ann Lazzeri, Secretary WRLTRA Minutes Page 4 07/09/O1 oF wr+ear City of Wheat Ridge ~ Planning and Development Department c~~ OR POO Memorandum TO: Urban Renewal Authority Commissioners FROM: Alan White, Planning and Development Director SUBJECT: Extension of Contract with Arthur L. Anderson and Associates DATE: August 7, 2001 In order to continue the progress on the 441/ Ward urban renewal process, staff proposes to extend the contract of Art Anderson to prepare the urban renewal plan. This procedure has been approved by Jim Windholz. Attached is the scope of work to be performed. A motion is needed to extend the contract with Art Anderson to prepare the urban renewal plan for the 441/Ward area. C:@.IyFiles\WPFiles\URA\exteud art memo.wpd Art Anderson v Wil819I01 0925AM p2/3 . Ur anp an.coM ARTHUR L. ANDEIZSON AND ASSOCIATES, 1NC. 2342 Pine Street, Boulder, Colorado 80302 303.447.2341, e-mail: artander@uxbanplan.com August 8, 2001 Alan White City of Wheat Ridge 7500 West 29th Avenue VVheat Ridge, Colorado 80215 Subject: Urban Renewal Plan Proposal Dear Mr. White, I am pleased to present this proposal for the preparation of an Urban Renetival Plan for the Ward Raad/ West 44th Avenue blighted azea The document will be an action plan which describes the er.isting conditions and method to relieve those conditions and proposes solufions to redevelopment of the area. The envisioned document will build on the City of Wheat Ridge Comprehensive Plan for this area. Since the redesign of the I-70 access by Colorado Department of Transportation will impact future redevelopment of the entire area, the new layout of the I-70 interchange will be the basis of the plan. An urban renewal pian consists of severai chapfers: 1. Plan Purpose II. Plans Relationship to Local Objectives III_ Project, Area IV. Project Plan • Overall Redevelopment I'lan • Land Acquisition • Land Use • Private Improvements • Public Improvements V. Plaruting and Design Standards VI. Procedures for Impiementation VII. Financing VIII. Relocation Assistance. ~ ~ ei 'rjiwetsw o ~G8/9/at C9925AM L93/3 Urban Renewal Plan Proposal Page 2 The preparation of this plan will require extensive input from several specialists already under contract with the City of Wheat Ridge. These include James A Windholz, Urban Renewal attorney who will review and provide input into the report; Arnie Ray of Szymanski/Ray, who will provide economic analysis of the proposed uses for the site; and the Authoiity selected bond underwriter and bond attorney, ivho will provide detailed information on project financing. Costs of these consultants aze to be paid clirectly by the City of Wheat Ridge. I will be assisted in this projeet by Ms. Lauren Waterton, AICP, Principal of the Waterton I'laiuiing Group. The Plan will be a working document consistent with thz requirements of the Urban Renewal Statues with specific action items to acliieve the plan goals. This document will be completed prior to the last meefing of the City CotulcIl in October 2001. The cost of preparation of this report will be $30,000, plus reimbursable expenses not to exceed $2500. It is requested that Wheat Ridge provide the following at a scale of 1:100 and 1:20 for the study area: detailed area maps, plats, and aerial photograghs. All availabie information concerning the CDOT design of the new I-70 interehange is requested. Thank you for this oppartunity to present tMs proposal. Very truly yours, Arthar L. Anderson and Associates, Inc. J s J Arthur L. Anderson Arthur L. Anderson, President