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HomeMy WebLinkAbout06/03/2003 MINUTES OF WHEAT RIDGE URBAN RENEWAL AUTHORITY June 3, 2003 5:30 p.m. ORIGINAL 1. CALL THE MEETING TO ORDER The Wheat Ridge Urban Renewal Authority meeting was called to order by Chair Hashem at 5:40 p.m. The meeting was held in the Council Chambers of the Municipal Building, 7500 West 29th Avenue, Wheat Ridge, Colorado. A revised agenda was followed which added discussion of the 44th Avenue and Wadsworth Boulevard redevelopment area under executive session. 2. ROLL CALL OF MEMBERS Commissioners present: Vance Edwards Mary Hashem Elwyn Kiplinger Janet Leo (arrived 5:59 p.m.) Tom Mallinson Terrell Williams Commissioners absent: Norm Burkpile Margy Platter Also attending: Alan White, WRURA Executive Director Jim Windholz, Attorney for WRURA Arne Ray, Szymanski/Ray Steve Szymanski, SzymanskilRay Ann Lazzeri, Recording Secretary 3. APPROVAL OF MINUTES The minutes were approved with a clarification that the date of the meeting was May 6, 2003. 4. PUBLIC FORUM Terry McFadden appeared before the Authority to ask if the resolution approving the disposition and development agreement (DDA) with Cornerstone Group would be approved during the executive session. Jim Windholz stated that he had made revisions to the most recent draft of the DDA received from Cornerstone. The DDA will go back to Cornerstone for the WRURA Minutes 06-03-03 Page 1 final time. He advised that discussion would be held during executive session regarding action to be taken by the Authority if Cornerstone decides not to accept the revisions. The two major issues yet to be resolved are (1) financing and (2) who would be responsible for any environmental issues. Chair Hashem advised the public that, following the executive session, the Authority would return to the council chambers to reconvene the regular meeting. 5. EXECUTIVE SESSION It was moved by Vance Edwards and seconded by Elwyn Kiplinger to move into executive session under CRS Section 24-6-402(4)(e) for the purpose of determining matters that may be subject to negotiations, develo~ing strategy for negotiations and/or instructing negotiators regarding the 38' Avenue and Sheridan redevelopment project and the 44th Avenue and Wadsworth Boulevard redevelopment area. The regular meeting was adjourned to executive session at 5:48 p.m. The executive session began at 5:52 p.m. in the second floor conference room and adjourned at 6:20 p.m. The regular meeting was reconvened in the council chambers at 6:23 p.m. 6. NEW BUSINESS A. Adoption of Resolution Approving Disposition and Development Agreement (DDA) with Cornerstone Group Chair Hashem stated that significant blocks in negotiations with Cornerstone Group were discussed during executive session to determine the Authority's course of action and asked for a motion. It was moved by Vance Edwards and seconded by Elwyn Kiplinger to submit the final version of the DDA to Cornerstone and require it to be approved and signed by June 10,2003; and if it is not so approved and signed, the consultants and attorney shall terminate negotiations with Cornerstone and begin negotiations of a DDA with Centres, Inc. The motion passed unanimously. 7. OLD BUSINESS There was no old business to come before the Authority. 8. OTHER MATTERS . Terry McFadden addressed the Authority to ask about the timeframe involved if the city should begin negotiations with Centres, Inc. (Eckerd's Drug). Chair Page 2 WRURA Minutes 06-03-03 Hashem estimated that it would set the process back approximately one month. . Election of Vice Chair - Since there were no volunteers for this position, an Authority member will be selected to serve as acting chair each time Mary Hashem is unable to chair the meeting. 9. ADJOURNMENT The meeting was adjourned by Chair Hashem at 6:26 p.m. !f~B.~ Mary ashern, Chair <:: Ann Lazzeri, Secret WRURA Minutes 06-03-03 Page 3