HomeMy WebLinkAbout2013-05-07 URA MinutesPage 1 of 3
Regular Meeting
CALDWELL URBAN RENEWAL AGENCY
May 7, 2013 – 12:00 Noon
Caldwell City Hall, Mayor’s Conference Room
The regular scheduled meeting of the Caldwell Urban Renewal Agency convened at 12:00 Noon on
May 7, 2013 in the Caldwell City Hall conference room with Chairman ElJay Waite presiding. Roll
was called:
Present: ElJay Waite, Rob Hopper, Theresa Hardin, Kathy Alder, Scott Syme and Leona Fouts
Ex-Officio: Mayor Nancolas
Guests: Steve Fultz, Mike Pollard, Mike Butts
Motion to approve the agenda as presented: Alder/Hardin M/S/P
Motion to approve the minutes of the April 2, 2013 meeting: Fouts/Hopper M/S/P
OLD BUSINESS
#1: CEDC Activity Report provided by Steve Fultz. Highlights for April 2013
• Project Niagara...last correspondence was with state saying that both Idaho sites have been
eliminated...final site in Washington
• Project Aspen...back in touch, more info to share. Sent site info for 7+ acre lot.
• Johnson Thermal...still progressing...looking at April/May 2014 move-in date. Interested in lot
across from Southwarks. Meeting with investor group last week.
• Project Knot Wood...site visit Thursday to their facility for 35,000 sq ft building
• Project cliff...Gilliland building and Industrial way building considered for this ammunition
business
• Project Bond...Company to move imports temporarily at Caldwell airport if possible...FTZ
• Project de Gama...submitted 2 sites, visit on May 1st...follow up later today
• New aviation lead meeting today, 100,000 sf, out of CA
• Kings building agreed purchase at $250,000
#2 FTZ Update
• 2 Caldwell companies / 1 Meridian company actively pursuing the program
NEW BUSINESS
#1 Executive Session to Discuss Land Acquisition
Motion to enter into Executive Session to discuss land acquisition (Title 67-2345.c) at
12:15pm: Hopper/Fouts M/S/P
Exit Executive Session at 12:24pm
#2 Consider Land Acquisition
Motion to pursue the purchase of the Kings property through an assignment agreement with
CEDC for a purchase price of $250,000: Hopper/Alder M/S/P
#3 Consider BIG-002 Southwark Metal Manufacturing
Chairman Waite presented the 1st quarter BIG grant payment request from Southwark Metal
Manufacturing. The company has provided 40 new jobs in their first quarter of business with
an average wage of $17.69 per hour. All BIG grant requirements and criteria have been met,
resulting in a first quarter payment due of $25,000.
Page 2 of 3
#4 Consider TVCC Marketing Request
Chairman Waite presented a request from TVCC for approval to use their marketing funds of
$20,000 for the purchase and installation of a sign on Blaine Street. Discussion ensued with the
salient points being:
o Signage at that location should be a marketing tool and include reader board capabilities
for college events.
o $20,000 in marketing funds could be used to directly increase student enrollment.
o Signage for the TVCC building could be a URA project and utilized for marketing both
college and community events.
o Reviewing TVCC’s current marketing plan and potentially partnering with them in
further development of a plan to utilize future marketing dollars was suggested.
Chairman Waite noted that TVCC’s student enrollment is meeting projections and their growth
is on target. Dr. Kathleen Robinson will be invited to the June meeting to provide more
information to URA commissioners.
#5 Consider CEDC Funding Request
Chairman Waite presented a funding request from CEDC for reimbursement of special project
presentation expenses totaling $4,454.12. Motion to approve reimbursement to CEDC for
$4,454.12 in project presentation expenses: Hardin/Syme M/S/P
#6 Finance Report provided by Chairman Waite:
Bank of the Cascades Business Ckg Ending Balance Earnings
April 30, 2013 3,907,498.74 -0- Qtrly TCD Interest
Bank of the Cascades Time CD#1 Ending Balance Earnings
April 30, 2013 250,000.00 Qtrly to checking acct
Balance will remain constant. Interest earnings deposited to Business Ckg
Local Government Investment Pool Ending Balance Earnings
April 30, 2013 108,193.42 15.79
Zions Bank (Bond Debt Service) Ending Balance Earnings
April 30, 2013 2,607,523.80 102.36
Motion to approve the financial report: Fouts/Alder M/S/P
#7 Invoices presented for payment: presented by Chairman Waite
$ 35.00 Petty Cash Lunch meeting 5/7/13
$ 25,000.00 Southwark Metal BIG-002 Business Incentive 1st Qtr
$ 25,035.00
Motion to approve the invoices: Fouts/Alder M/S/P
#8 Commissioner Reports
Scott Syme reported that home prices are still up.
Kathy Alder reported that progress is being made on the county admin building project.
Page 3 of 3
Chairman Waite reminded the commissioners about the public workshop Tuesday, May 14th at
6:00pm at the Caldwell Street Department conference room. It will be a joint workshop with
URA and Caldwell City Council to discuss how to fund economic development into the future.
.
The next meeting will be held June 4, 2013 at 12:00noon.
Motion to adjourn: Hopper/Hardin M/S/P
Meeting concluded at 1:05pm.
Respectfully submitted,
Leona Fouts
Secretary