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HomeMy WebLinkAbout12/09/2008WHEAT RIDGE HOUSING AUTHORITY SPECIAL MEETING MINUTES December 9, 2008 1. 2. 3. 4. 5. CALL MEETING TO ORDER The meeting was called to order by Chair Brungardt at 4:10 p.m. in the City Council Chambers of the Wheat Ridge Municipal Building, 7500 West 29`n Avenue, Wheat Ridge, Colorado. ROLL CALL Authority members present: Authority members absent: Others present: EXECUTIVE SESSION Cheryl Brungardt Lena Rotola Janice Thompson Kent Davis Kathy Nuanes Ken Johnstone, Community Development Director Ryan Stachelski, Economic Development Specialist Larry Nelson, Cornerstone Realty Betty Maybin, Cornerstone Realty Ann Lazzeri, Recording Secretary There were no items that required an executive session at this time. PUBLIC FORUM There was no one present to address the Authority. NEW BUSINESS A. Consider Counter Offer for Purchase of Property The school district has extended a counter offer to the Housing Authority regarding the possible purchase of the Fruitdale school building. Housing Authority Minutes - 1 - December 9, 2008 Ken Johnstone discussed the importance of maintaining a good working relationship with the school district when making a response to the counter offer. There was discussion about different avenues for financing the Fruitdale project. The possibility of historic preservation tax credits was also discussed. There was some discussion about the possibility of having marketing students do the marketing plan part of due diligence. Some concern was expressed about proceeding at this time in light of the location and current market conditions. There was also concern about making this decision with only three members of the Authority present. It was moved by Janice Thompson and seconded by Lena Rotola that the Housing Authority respond to the school district to thank them for extending the counter offer for the Fruitdale School property and inform them that the Authority will be discussing a response at its January 27, 2009 meeting when more Authority members can be present. The motion passed unanimously. 6. OTHER There was no other business to come before the Authority at this time. 7. ADJOURNMENT The meeting was adjourned at 4:52 p.m. a. Cheryl B •ungardt, Ch ' Ann Lazzeri, Secretary Housing Authority Minutes -2- December 9, 2008