HomeMy WebLinkAbout2014-09-09 URA MinutesSPECIAL MEETING
CALDWELL URBAN RENEWAL AGENCY
SEPTEMBER 9, 2014
12:00 P.M.
The special scheduled meeting of the Caldwell Urban Renewal Agency convened at 12:00 p.m. on September 9, 2014 in
the Caldwell Police Department Community Room with Chairman Hopper presiding.
Roll was called by the secretary. Present: Chairman Rob Hopper, Commissioners Dennis Callsen, Commissioner
Terrence Biggers, Commissioner Jim Blacker, and Commissioner Shannon Ozuna. Absent: Commissioner Mike
Pollard.
Staff Present: EIJay Waite.
(ACCEPT THE AGENDA)
MOVED by Callsen, SECONDED by Biggers to accept the agenda.
MOTION CARRIED
(PUBLIC HEARING PURSUANT TO IDAHO CODE SECTION 50 -1002 FOR CONSIDERATION OF THE
PROPOSED BUDGET FOR THE FISCAL YEAR THAT BEGINS OCTOBER 1, 2014 AND ENDS
SEPTEMBER 30, 2015)
Chairman Hopper declared the public hearing open.
ElJay Waite, 411 Blaine Street, presented the staff report by outlining the budget as presented. He noted that the
proposed budget totals $7,870,128.00. The non -tax increment revenue is $1,858,062.00 and the proposed tax increment
revenue is $6,012,066.00. The audit/legal /insurance category was increased from $18,000 to $33,000. This year's total
value of property within the agency's borders is assessed at approximately $314 million which is up from $265 million
in 2013. He estimated that the levy rates will go down enough to offset the increases.
In response to questions from Chairman Hopper, Mr. Waite stated that the proposed non -tax increment revenue is up
significantly for this coming year which is due to the sale of property owned by the Urban Renewal District. Mr. Waite
also discussed funding that comes to the Agency through the school districts. He explained that when all bonds dated
before 2008 end, there will be no revenue going into urban renewal districts from the school districts. School districts
increment value is based strictly on construction bonds and not the value of property within the school district.
Chairman Hopper reported that no one signed up to speak at the public hearing
MOVED by Biggers, SECONDED by Blacker to close the public hearing.
MOTION CARRIED
MOVED by Ozuna, SECONDED by Blacker to adopt the proposed budget.
Roll call vote. Those voting yes: Ozuna, Callsen, Biggers and Blacker. Those voting no: none. Absent and /or not
voting: none.
MOTION CARRIED
(ADJOURNMENT)
Chairman Hopper reported that the next Special Urban renewal meeting will be held on September 16, 2014 at noon to
consider amendments to the Fiscal Year 2013 -14 Budget. Commissioner Biggers reported that he will not be present for
the September 16`h meeting.
MOVED by Ozuna, SECONDED by Blacker to adjourn at 12:12 p.m.
MOTION CARRIED
PAGE 1 OF 2
Approved as written this 7`h day of October, 2014.
ATTEST:
.•• ..••• «.. c0 •.,
Debbie Geyer, URA Secc ary •'• GORPOR •• :� ;A
? t� • 9 • •
Zi A
rm
L
•• •. ••••A O.
�o ••..00696.
I' \(,[ _'OI ,
COMMISSIONER CALLSEN
COMMISSIONER BIGGERS
4 � ®4aaaaaasame to*
�oft
g
!t a a
gas
0�