HomeMy WebLinkAbout11-1-2005 URBAN RENEWAL MINUTES Regular Scheduled Meeting
. CALDWELL URBAN RENEWAL AGENCY
November 1, 2005 - 12:00 noon
Caldwell City Hall, Conference Room
The regular scheduled meeting of the Caldwell Urban Renewal Agency was held November l, 2005 at
12:00 noon in the Conference Room @ City Hall with Chairman E1Jay Waite presiding. The roll was
called: present were E1Jay Waite, Rob Hopper, Matt Beebe and Leona Fouts. Mayor Nancolas was
out of town. Guests: Steve Fultz, Fred Cornforth, Greg Urrutia, Chris Collett, Penelope Constantikes
Motion to approve the agenda as presented: Hopper/Fouts M/S/P
Motion to approve the October 4, 2005 meeting minutes: Fouts/Hopper M/S/P
Minutes from the August 2005 meeting were unavailable for approval
Old Business
CEDC Update: Steve Fultz, Executive Director, provided an update on CEDC activities which
include: a report on the open house held at Sky Ranch on 10/6/O5; Gilliland's two buildings will be
industrial, using R&M Steel for construction and Tom Ensley as the architect; wine commission will
relocate in Caldwell and a celebration is planned for 11/29 @ 5:30; the contract with the Leland Group
for the feasibility study for the downtown catalyst project is soon to be approved; Business of the Year
was awarded to Omnipure Filter; filled 4 requests for demographic information, worked 3 business
leads; working with Commerce and Labor as potential buyer in pipedream park; discussion with
TVCC as potential tenant of old Job Service building.
• Chairman Waite presented an update on the Indian Creek Project. Final phase being completed
mcludes lights and railing near the water wheel.
Chairman Waite distributed a corrected final copy of the 2005-2006 Budget.
Fred Cornforth and staff (three guests listed above) presented a funding request from I.D.A.H.O. for
the Laster Lane project. Additional funds totaling $61,126.30 are requested to assist in completion
of Phase 2, and are supported by a description and cost breakdown. The major portion of the request is
for 400 feet of ditch tiling required by the City which became an off-site cost. Chairman Waite will
research the request and counsel with the City engineering department. Further discussion and a
decision will be forthcoming at the December meeting.
No report was available on the land purchase from Hubble Homes.
Chairman Waite provided an update on the airport land purchase. Jamie Hoover's offer is in
negotiation and may be withdrawn. Chairman Waite will notify owner John Owen of our interest if the
land comes back on the market.
Chairman Waite announced that the Warranty Deeds for the charter school and pipedream park are in
process.
Chairman Waite gave an update on the Van Buren School parking lot. The final drawings have been
• completed and work should start soon.
CEURA, November 1, 2005, Page 2
•Motion to approve invoices as follows:
$ 2, 238.81 Pioneer Irrigation Fall assessment — Pipedream Park 59 acres
$168, 856.81 Lambert Construction Indian Creek
$ 2,250. 00 Wells Fargo Revenue Allocation Bonds — replace lost check
$ 150.40 Anvil Fence Temporary construction fence — Indian Creek
$ 49.28 Idaha Press Tribune Legal Notice Fees - Amendment
$ 9, 718.00 American Paving Pressurized Irrigation — Pipedream Park
$ 812. SO ICRMP Insurance
� 1 S, 000. 00 CEDC Sept I Quarterly Contribution
Beebe/Fouts M/S/P
Rob Hopper provided a Financial report:
A new account for the Indian Creek project was established in June at Farmers and Merchants State
Bank with an opening balance of $2,660,000.00.
June 30 Earnin�s Julv 29 Earnin�s
F&M Checking 37,637.33 23 116.75
F&M Money Mkt 677,523.28 866.32 1,010,299.61 592.43
F&M Indian Creek 2,022,024.77 2,231.77 2,024,836.22 2,811.45
Local Gov't Pool 763,684.70 1,748.56 765,530.97 1,846.27
Au�ust 31 Earnin�s Sept 30 Earnin�s
:• F&M Checking 23,025.48 272,853.47
F&M Money Mkt 660,114.91 1,080.40 408,931.75 923.54
R&M Indian Creek 1,003,041.96 2,832.74 645,340.41 1,153.45
Local Gov't Pool 767,031.11 1,500.14 769,060.66 2,029.55
Motion to approve the financial report: Fouts/Beebe M/S/P
The next meeting will be held Tuesday, December 6, 2005 at 12:OOnoon
Motion to adjourn: Beebe/Hopper M/S/P
Meeting adjourned @ 1:20 pm
Respectfully submitted,
Leona Fouts, Secretary
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