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HomeMy WebLinkAbout11/18/2008MINUTES WHEAT RIDGE URBAN RENEWAL AUTHORITY November 18, 2008 1. CALL THE MEETING TO ORDER The meeting of the Wheat Ridge Urban Renewal Authority was called to order by Chairman Williams at 6:10 p.m. in the council chambers of the Municipal Building, 7500 West 29 h Avenue, Wheat Ridge, Colorado. 2. ROLL CALL OF MEMBERS Authority Members Present: Rick Adams James Bahrenburg Tom Radigan Terrell Williams Authority Members Absent: Larry Schulz Janet Leo Walt Pettit Also attending: Patrick Goff, Deputy City Manager Corey Hoffmann, WRURA Attorney Ann Lazzeri, Recording Secretary 3. APPROVAL OF MINUTES - October 21, 2008 It was moved by Rick Adams and seconded by James Bahrenburg to approve the minutes of October 21, 2008 as presented. The motion carried 4-0. 4. PUBLIC HEARING There were no members of the public who wished to speak at this time. 5. STAFF UPDATES A. 3718 Ames Street Patrick Goff reported that the Wheat Ridge Housing Authority and Wheat Ridge 2020 have been made aware that the Ames property is available for sale but neither has made a response at this time. The possibility of using a public bid process was discussed. WRURA Minutes - 1 - November 18, 2008 6. PUBLIC HEARING A. Resolution 06-2008 - Presentation and Approval of 2009 Budget Chairman Williams opened the public hearing to consider Resolution 06-2008. Patrick Goff reviewed the 2009 proposed budget for the Wheat Ridge Urban Renewal Authority. Terrell Williams commented that, in the future, he would like to see the Authority retain a portion of TIF funds to be used toward future projects rather than rebating 100% to the business. Rick Adams suggested that $75,000 be budgeted for Professional Services in order to allow hiring of attorneys or consultants if the need should arise. He also suggested budgeting $600 for utilities and maintenance. Chairman Williams asked to hear from members of the public. Charles Durbin made a comment to remind the Authority that there will no longer be income from the Town Center property tax increment. Chairman Williams asked if there were farther comments. Hearing no response, he closed the public hearing. It was moved by Rick Adams and seconded by James Bahrenburg to approve Resolution 06-2008, a resolution enacting a budget and appropriation for the year 2009 for the Town Center and Wheat Ridge Cyclery Project Funds amended to include $75,000 for professional services and $600 for utilities and maintenance. The motion carried 4-0. TAX INCREMENT FINANCING Patrick Goff reported that Amici's has made a request for tax increment financing. He commented that Amici's is in a lease-to-purchase arrangement on the property and, to this point in time, TIF has never been offered to a tenant. Following extensive discussion, a consensus was reached to give staff direction to encourage Amici's to continue the TIF application process. 8. BROWNFIELD PARTNERS PROPOSAL - Discussion and recommendation concerning Brownfield Partners proposal in response to the RFQ and RFP for development of the southeast corner of West 44ei Avenue and Wadsworth. There was consensus to consider this matter under the scheduled executive session. WRURA Minutes -2- November 18, 2008 9. EXECUTIVE SESSION It was moved by Rick Adams and seconded by James Bahrenburg to enter into executive session to consider the purchase, acquisition, lease, transfer or sale of real, personal or other properly pursuant to C.R.S. Section 24-6- 402(4)(a). The motion carried 4-0. The regular meeting was adjourned to executive session at 8:05 p.m. The executive session was convened at 8:07 p.m. The executive session was adjourned at 8:49 p.m. Those attending the executive session were: Rick Adams, WRURA James Bahrenburg, WRURA Tom Radigan, WRURA Terrell Williams, WRURA Patrick Goff, Deputy City Manager Corey Hoffmann, WRURA Attorney Ann Lazzeri, Recording Secretary 10. ADJOURNMENT The regular meeting was adjourned at 8:49 p.m. Terrell Williams, Chairman Ann Lazzeri, Secret WRURA Minutes -3- November 18, 2008