HomeMy WebLinkAbout06/17/2003
ORIGiNAL
MINUTES OF
WHEAT RIDGE URBAN RENEWAL AUTHORITY
June 17, 2003
5:30 p.m.
1. CALL THE MEETING TO ORDER
The Wheat Ridge Urban Renewal Authority meeting was called to order by Chair
Hashem at 5:43 p.m. The meeting was held in the council chambers of the
Municipal Building, 7500 West 29th Avenue, Wheat Ridge, Colorado.
2. ROLL CALL OF MEMBERS
Commissioners present:
Norm Burkpile
Vance Edwards
Mary Hashem
Tom Mallinson
Margy Platter
Terrell Williams
Commissioners absent:
Elwyn Kiplinger
Janet Leo
Also attending:
Alan White, WRURA Executive Director
Jim Windholz, Attorney for WRURA
Ann Lazzeri, Recording Secretary
3. APPROVAL OF MINUTES
There being no corrections or additions to the minutes of June 3, 2003, they stood
approved as published.
4. PUBLIC FORUM
No one indicated a desire to speak at this time.
5. ORDER OF AGENDA
Chair Hashem announced a change in the agenda to consider item A under Old
Business (Adoption of Resolution Approving Disposition and Development
Agreement with Cornerstone Group) following the executive session. The
Authority had several questions about the DDA which needed to be discussed
during the executive session.
WRURA Minutes
06-17-03
Page I
6. EXECUTIVE SESSION
It was moved by Vance Edwards and seconded by Norm Burkpile 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. The motion passed unanimously.
The regular meeting was adjourned to executive session at 5:45 p.m. The
executive session began at 5:48 p.m. in the second floor conference room and
adjourned at 6:23 p.m. The regular meeting was reconvened in the council
chambers at 6:25 p.m.
7. OLD BUSINESS
A. Adoption of Resolution Approving Disposition and Development
Agreement (DDA) with Cornerstone Group
Jim Windholz explained that there were changes to the DDA as follows:
. The Authority agrees to participate up to a maximum of $3,500 for Phase II
analysis of potential contamination on the site.
. The Authority will participate to a maximum of $50,000 for remediation of
any contamination of the site, if necessary.
. The developer and the developer's lender will make a good faith effort to put
a financing package (acceptable to the Authority) in place should the
Authority be unable to obtain local financing.
Mr. Windholz stated that the agreement is subject to having financing and soil
contamination issues settled. Until financing is in place, there will be no
discussions with property owners regarding relocation, etc. He also noted that the
time schedule has been set back approximately a month.
It was moved by Vance Edwards and seconded by Margy Platter to adopt the
resolution approving the Disposition and Development Agreement with
Cornerstone group. The motion passed unanimously.
8. NEW BUSINESS
. It was moved by Vance Edwards and seconded by Terrell Williams to
give Jim Windholz authority to make changes to the schedule of
performance as needed at his discretion. The motion passed
unanimously.
WRURA Minutes
06-17-03
Page 2
. A memorandum to all interested parties from the Authority, dated June 17,
2003, was distributed. Chair Hashem advised those in attendance that the
project would not move forward if financing is not obtained by June 30.
. Alan White requested authorization to pay for Phase Two appraisals. It was
moved by Vance Edwards and seconded by Norm BurkpiIe that Alan
White be authorized to pay for the Phase II written appraisal contingent
upon review and approval by Jim Windholz. The motion passed
unanimously.
9. ADJOURNMENT
The meeting was adjourned by Chair Hashem at 6:35 p.m.
flj~B~
Mary Hashem, Chair
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Ann Lazzen, Secret . y
WRURA Minutes
06-17-03
Page 3