HomeMy WebLinkAbout2013-11-22 URA Minutes Special MeetingPage 1 of 2
Special Meeting
CALDWELL URBAN RENEWAL AGENCY
November 22, 2013 – 12:00 Noon
City Hall, 411 Blaine St.
A special meeting of the Caldwell Urban Renewal Agency convened at 12:00 Noon on
November 22, 2013 in the Mayor’s Conference Room at City Hall, 411 Blaine St., with
Chairman ElJay Waite presiding. Roll was called:
Present: ElJay Waite, Rob Hopper, Kathy Alder, Scott Syme
Ex-Officio: Garret Nancolas
Guest: Jamie Hoover, Freehold Development LLC
Motion to amend the agenda to include Executive Session (Title 67-2345.C&D) as agenda item
#2A and approve the agenda as amended: Alder/Fouts M/S/P
NEW BUSINESS
#1, #2 Motion to continue agenda items #1 and #2 to the next meeting: Hopper/Alder M/S/P
#2A Executive Session to Discuss Land Acquisition
Motion to enter into Executive Session (Title 67-2345.C&D) at 12:05pm: Alder/Fouts
M/S/P Exit Executive Session 12:45pm
#3 Consider Land Purchase Agreement for Industrial Property Located in Sky Ranch
Business Park
Chairman Waite opened the floor for discussion regarding the proposal to purchase
parcels #1, 2, 3, 4 & 5 of the Sky Ranch Business Park. Scott Syme stated that a better
alternative would be using URA funds for job grants and stimulating growth versus
purchasing property. Chairman Waite stated that there are opportunities on CEDC’s
project list to bring in new businesses which will bring new jobs and growth, and having
land ready and priced consistently is a critical key in competing for new business. Mayor
Nancolas stated that opportunities will be lost if the entitlements and ownership are not
resolved and packaged to allow us to react, respond and close effectively. There are a
number of active projects interested in land purchases in Sky Ranch and we must be
ready to close deals.
Further discussion ensued regarding the annexation of the parcels owned by URA into
Sky Ranch Business Owners Association. Declarant rights will be assigned to URA upon
the purchase of the proposed parcels. Assessment rates will be structured to include
URA and Freehold Development properties.
Motion to purchase parcels #1, 2, 3, 4 & 5 and leave parcel #4 out of the properties
securing the promissory note securing the final payment on February 15, 2014; approve
the proposed changes to the Purchase and Sale Agreement; authorize the purchase of
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parcels 1, 2, 3, 4 & 5; and authorize Chairman Waite to execute the appropriate
documentation pending review and approval by URA’s attorney: Hopper/Alder
Votes in favor: Hopper, Waite, Fouts, Alder; Votes in opposition: Syme. Motion
Passed.
#4 Consider Annexation Proposal into Sky Ranch Business Owners Association
Chairman Waite noted that the annexation proposal was included and satisfied by the
passage of the previous motion.
#5 Motion to Adjourn
Motion to Adjourn: Syme/Alder M/S/P
Meeting Adjourned at 1:10pm.
Respectfully Submitted,
Leona Fouts
Secretary