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HomeMy WebLinkAbout12/17/2003 MINUTES OF WHEAT RIDGE URBAN RENEWAL AUTHORITY December 17, 2003 ORIGINAL 1. CALL THE MEETING TO ORDER (Prior to calling the meeting order, the Authority appointed Terrell Williams to serve as chair in Mary Hashem's absence.) The Wheat Ridge Urban Renewal Authority meeting was convened by acting chair, Terrell Williams at 5:45 p.m. The meeting was held in the second floor conference room ofthe Municipal Building, 7500 West 29th Avenue, Wheat Ridge, Colorado. 2. ROLL CALL OF MEMBERS Commissioners present: Norm Burkpile Elwyn Kiplinger Janet Leo Terrell Williams Commissioners absent: Mary Hashem (excused) Tom Mallinson (excused) Also attending: Alan White, WRURA Executive Director Jim Windholz, WRURA attorney Ann Lazzeri, Recording Secretary 3. APPROVAL OF MINUTES It was moved by Norm Burkpile and seconded by Janet Leo to approve the minutes of November 25, 2003 as presented. The motion passed unanimously. 4. PUBLIC FORUM No one indicated a desire to address the Authority at this time. 5. NEW BUSINESS A. Status ofWah!:reens Proiect Jim Windholz reported that Ron Lorenz and Alan Friesen have been retained to negotiate with property owners for acquisition of their properties. They have contacted each property owner and notices of intent to acquire properties have WRURA Minutes 12-17-03 Page I been delivered with offers to purchase the properties. Appraisals have also been given to property owners. Some property owners are obtaining separate appraisals. Relocation matters will not be discussed with tenants until properties have been acquired. One property owner has retained an attorney. B. Resolution 10-2003. a resolution enactinl!: a budl!:et and appropriation for the year 2004 Alan White reviewed the 2004 budget. Copies of the budget were made available to members of the public attending the meeting. Jim Windholz reported that property tax increment has been established with the County Assessor's office. Sales tax increment will be processed through the city. Terrell Williams asked to hear from members ofthe public. The following individual addressed the Authority. Charles Durbin 3703 Ames Street Mr. Durbin asked for clarification about the loan closing being shown in 2004 with loan closing costs being shown in 2003. Alan White explained that closing costs were due and paid at the time of closing with the developer in 2003. Mr. Durbin asked why estimated professional services are not shown in 2003. Alan White explained that up until the end of November all of those costs were being paid out of the Town Center Fund. Beginning December I, any legal expenses for Walgreens will be taken out of the Walgreens project fund. Jim Windholz stated that prior to the acquisition process, legal expenses were for contract preparation. Upon acquisition, expenses for acquisition process will be taken from the Walgreens fund. In response to a question from Mr. Durbin, Alan White explained that any modifications to the streetscape will be the financial responsibility ofthe Walgreens developer. There were no other individuals present who wished to address the budget. Alan White commented that there would probably be some additional expenses for acquisition and relocation in 2003 and, therefore, legal and professional services should probably not show zero. Jim Windholz stated that legal and professional services would occur before the end of the year for acquisition and relocation and suggested budgeting $10,000 in 2003. It was moved by Norm Burkpile and seconded by Janet Leo to adopt Resolution 10-2003, a resolution enacting a budget and appropriation for the year 2004. The motion passed unanimously. WRURA Minutes 12-17-03 Page 2 6. EXECUTIVE SESSION It was moved by Elwyn Kiplinger and seconded by Janet Leo to adjourn to executive session under C.R.S. Section 24-6-402( 4)( e) for the purpose of determining matters that may be subject to negotiations, developing strategy for negotiations and/or instructing negotiators regarding financing and acquisition of properties [or the 38th Avenue and Sheridan Boulevard redevelopment project. The motion passed unanimously. The meeting was adjourned to executive session at 6:26 p.m. Those present for the executive session were Norm Burkpile, Elwyn Kiplinger, Janet Leo, Terrell Williams, Alan White, Jim Windholz and Ann Lazzeri. 7. ADJOURNMENT The executive session and regular meeting were adjourned at 7:05 p.m. ~-- J Terrell Williams, Acting Chair ~"~ Ann Lazzeri, Secr tary WRURA Minutes 12-17-03 Page 3