HomeMy WebLinkAbout10-2-2007 URBAN RENEWAL MINUTES Regular Scheduled Meeting
CALDWELL URBAN RENEWAL AGENCY
October 2, 2007 - 12:00 p.m.
i City Administrative Offices, Conference Room
The regular scheduled meeting of the Caldwell Urban Renewal Agency was held October 2,
2007 at 12:00 noon in the Conference Room @ City Administrative Offices with Chairman
E1Jay Waite presiding. The roll was called: present were ElJay Waite and Leona Fouts. Rob
Hopper and Steve Rule arrived as indicated in the minutes. Guests: Dr. James Sorensen, i
President, John Forsyth, Board Chair, Bruce Shultz and Eric Ellis from TVCC; Randy Million '
and Steve Fultz from GCEDC; and Dennis Cannon.
Approval of the Agenda and the Minutes is delayed until a quorum is present.
OLD BUSINESS
Indian Creek Project update: Dennis Cannon reported that the project is behind schedule due
to unplanned foundation removal, delay of a design for the footbridges, delayed delivery of steel
for footbridges. A new timeline for completion was presented and is in file.
Rob Hopper arrived. A quorum is now present.
Motion to approve the agenda: Fouts/Hopper M/S/P
Motion to approve the meeting minutes of September 4, 2007: Fouts/Hopper M/S/P
OLD BUSINESS continued
• GCEDC Activity Report provided by Steve Fultz:
Highlighted Activities: September 2007
• Continued meetings and work with Bruce Schultz (TVCC) and Butch Gilliland on
expansion of the Community College in Caldwell
• Working in cooperation with the City, Sky Ranch and Skyway business center
representatives, and EDA on airport grant
• Continued working with University of Idaho business incubator on developing business
retention and expansion program
• Worked with BVEP on promotional packet for familiarization meeting with site selectors
(scheduled visits later in September)
• Continued work on drafting new strategic plan for C/CEDC
• Webpage updates (text, statistics, and visuals}, developing new site for downtown
� Submitted four marketing packets (requested)
• Attended the IEDC National Conference (Sept. 16-19)
• Meeting with Colliers (as part of the Oppenheimer contract) on site and demographics
Steve Rule arrived.
NEW BUSINESS
Four representatives of TVCC (named above) were present to discuss URA's potential
partnership with TVCC to assist them with expansion in Caldwell. Needs, opportunities,
• concerns and options were discussed. Critical issues at this point are ensuring Oregon and Idaho
taxpayers are not put at risk, building a cooperative partnership with BSU, resolving articulation
concerns, drafting a year-to-year lease that allows TVCC funds for research and development to
increase enrollment, and creating private interest for ownership of the facility.
CEURA, October 2, 2007, Page 2
Chairman Waite distributed a spread sheet detailing URA's available revenue for debt service
� and projected excess revenue not required for debt service through 2023, and an updated draft of
the 2007-2008 budget.
Chairman Waite stated that here is no action to be taken at this meeting with the YMCA's
Funding Request.
Rob Hopper presented the following invoices for payment: �I
$ 100.00 CEURA Petty Cash '
$ 1,432.63 Ship-It Bronze plaque for creek restoration
$ 1,658.00 ICRMP Membership 9/07 — 8/08
$ 261.00 Al-Chem Labs Environmental Testing
$ 1,609.50 Hamilton Michealson Hilty Judicial confirmation for bonds
$ 101.17 Bear Graphics Check printing
$ 15,000.00 GCEDC Quarterly commitment
$ 10,000.00 GCEDC TVCC Project 2008
Motion to approve the invoices for payment and ratify the payment to Lambert Construction:
Fouts/Hopper M/S/P
Financial Report provided by Rob Hopper:
August 31 2007 Endin� Balance Earnings
F&M Money Mkt 746,810.70 3,288.49
F&M Business Acct 13,247.11 n/a
• F&M Indian Creek 1,626,376.37 5,195.55
Local Gov't Pool 837,481.10 3,671.28
Motion to approve the financial report: Hopper/Fouts M/S/P
The next meeting will be held at the City Administrative Offices @ 411 Blaine on Tuesday,
November 6, 2007 at 12:00 noon
Motion to adjourn: Hopper/Fouts M/S/P
Meeting adjourned @ 1:35p.m.
Respectfully submitted,
Leona Fouts
Secretary
�