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HomeMy WebLinkAbout1-3-2006 URBAN RENEWAL MINUTES Regular Scheduled Meeting • CALDWELL URBAN RENEWAL AGENCY January 3, 2006 - 12:00 noon Caldwell City Hall, Conference Room The regular scheduled meeting of the Caldwell Urban Renewal Agency was held January 3, 2006 at 12:00 noon in the Conference Room @ City Hall with Chairman ElJay Waite presiding. The roll was called: present were ElJay Waite, Rob Hopper and Leona Fouts. Guests: Steve Fultz, Dennis Cannon Motion to amend the agenda to add approval of the August 9, 2005 minutes: Hopper/Fouts M/S/P Motion to approve the agenda as amended: Fouts/Hopper M/S/P Motion to approve the December 6, 2005 meeting minutes: Hopper/Fouts M/S/P Motion to approve the August 9, 2005 meeting minutes: Fouts/Hopper M/S/P Old Business CEDC Update: Steve Fultz, Executive Director, provided an update on CEDC activities which include: filled four requests for demographic information and supplied Gilliland with 17 packets for potential recruits; working with three businesses in the Business & Tech Incubator; assisting the wine commission with a strategic plan; a preliminary draft is being prepared from the feedback received during the interviews for the downtown feasibility & catalyst project, with Dave Leland scheduled to come back the 19 and 20 for follow-up; Business of the Month for December is Sherwood Florist; trai�er manufacturer is due to close on 10-12 acres of Bill Gilbert's land; a local community college is interested in 3 acres of UR property and is planning a 16,000 sf building; working with Commerce and . Labor for relocation. Steve Fultz reported that Mike Lemrick, Gem State Manufacturing, has requested a meeting with CEDC, URA, and the City to determine what incentives might be available to him in his move to the property in Sky Ranch Business Park. Mike has also purchased 42 acres off Lower Pleasant Ridge and is considering utilizing that property instead. Chairman Waite is not available for the meeting and asked Steve Fultz to represent URA with the following information: 1) UR has already provided the infrastructure (road, water, sewer) to the property; 2) Industrial Revenue Bonding is an available option; 3) there is no hook up fee to Idaho Power if Mike acts within a specific time frame (to be researched) which will be a substantial savings to Mike; 4) the development of that area will place a potential work force right next door to Mike's business. Dennis Cannon provided an update on the Indian Creek Project. The project is near completion with rails and a trash rack soon to be installed near the water wheel. Costs total $374,536 at this point. Dennis also provided an update on the Airport terminal project and suggested using leveraged plans from recently built terminals, which will be a cost savings to us. Dennis is preparing a Streetscape Grant for Main and Arthur Streets. Construction would be in 2007 and the city's contribution would be $50,000. The Laster Lane funding request was deferred to next month. • CEURA, Page 2 NEW BUSINESS Chairman Waite presented a resolution allowing CEURA to proceed with conveyance of property to the Thomas Jefferson Charter School Board. This property abuts the Pipedream Park and Sky Ranch Business Center. Rob Hopper suggested a joint-use agreement with the school for parking and park facilities. Motion to approve and sponsor Resolution #06-1, A RESOLUTIONBYTHE BOARD OF THE EAST CALDWELL URBAN RENEWAL AGENCY, CALDWELL, IDAHO GRANTING AUTHORITYTO CONVEYLOT 6, BLOCK 1 OFEAST CALDWELL URBANRENEWAL PHASE 1 TO THE BOARD OF THE THOMAS JEFFERSON CHARTER SCHOOL, and direct Chairman Waite to complete a joint-use agreement: Hopper/Fouts M/S/P Motion to approve invoices as follows: $ 344.30 Idaho Power Indian Creek, 9 & Arthur connection $ 837.00 Anvil Fence Company Missing items — to be charged to Lambert Const $15, 000.00 CEDC 2005 4` Quarter Contribution � $ 30, 000. 00 City of Caldwell Dennis Cannon salary — pro-rata share $ 30, 000.00 Caxton Printers Simplot Stadium Bleacher Project Fouts/Hopper M/S/P � Financial report provided by Rob Hopper: Indian Creek Money Market Acct. 11/30/OS $647,27027 $ 950.89 Earnings Local Government Investment Pool 11/30/OS $773,230.89 $2,047.43 Earnings Bank statements for the MM Account and the Business Account are in the possession of the Auditors and not available for review. Motion to approve the financial report: Fouts/Hopper M/S/P The next meeting will be held Tuesday, February 7, 2006 at 12:OOnoon Motion to adjourn: Hopper/Fouts M/S/P Meeting adjourned @ 1:04 pm Respectfully submitted, Leona Fouts, Secretary i