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HomeMy WebLinkAbout2010-12-07 URA MinutesPage 1 of 3 Regular Meeting CALDWELL URBAN RENEWAL AGENCY December 7, 2010 – 1:30pm City Administrative Offices, Conference Room The regular scheduled meeting of the Caldwell Urban Renewal Agency convened at 1:30pm on December 7, 2010 in the Conference Room at Caldwell City Hall Administrative Offices with Chairman ElJay Waite presiding. Roll was called: Present: ElJay Waite, Leona Fouts, Theresa Hardin and Amy Rojas Absent: Rob Hopper Guests: Steve Fultz, Mike Dittenber Motion to approve the agenda: Fouts/Rojas M/S/P Motion to approve the minutes of the November 2, 2010 and the November 5, 2010 meetings: Rojas/Fouts M/S/P President Waite welcomed Theresa Hardin, Executive Director for the Caldwell Chamber of Commerce, as a new commissioner appointed to the CEURA Board by Caldwell City Council. OLD BUSINESS #1: C/CEDC Activity Report presented by Steve Fultz, Executive Director: Highlights for November 2010 • Continued work with on Project Bake…potential manufacturing and cold-storage business to Caldwell. Meeting with CEO of company and working with BVEP, State, and local developers on closing the project • Continued work with downtown/URA incentive program. Reviewing several letters of interest in applying (four potential sites in downtown, two for Sky Ranch area…total potential jobs: approximately 80-100. • Working with developer on potential expanding of the wine region, distribution center project, and airport development…meeting with BVEP on potential marketing pieces • Continued work with Chamber on travel/tourism strategic plan for the Caldwell area • Working with marketing group to promote SunnySlope agribusiness area • Continued work on FTZ opportunity for Caldwell airport • Working with business from Oregon on potential site in downtown (restaurant) • Strategy meetings with Freehold Development/Sky Ranch • Work with project flight at Caldwell airport…meeting with developer, contactor, and architect NEW BUSINESS #1 Consider request from Caldwell Housing Authority: Mike Dittenber, Executive Director of Caldwell Housing Authority, presented a request for financial assistance with two projects: 1) $2,500 for start-up costs to establish the Caldwell Development Corporation and, 2) a four-year partnership for a proposed low-income housing development near Canyon Springs High School. President Waite stated that the area being considered for the project is blighted and the proposed development fits the scope and intent of urban renewal. The commissioners requested a detailed report on the use of the $2,500 start-up funding at the January meeting. Consideration will be given to both requests at subsequent meetings as details are provided. Page 2 of 3 #2 Discuss Highway 20-26 Corridor Improvements: Discussion was tabled pending action from the group of developers that are meeting regarding the SkyWay/Sky Ranch development. #3 Discuss pending Urban Renewal legislation: Chairman Waite recommended tabling the discussion on the pending legislation until all commissioners were present and had time to review the information distributed. He further stated that upcoming legislation is important and necessary and recommended that CEURA remain informed, involved and supportive of the process. Motion to support legislation to guide the needed changes to Urban Renewal law: Rojas/Hardin M/S/P #4 Discuss CEURA commissioner terms due to expire: Chairman Waite tabled discussion pending review and confirmation of commissioner terms to be filled in January. #5 Financial Report provided by Rob Hopper: Bank of the Cascades Business Ckg Ending Balance Earnings November 30, 2010 68,012.72 166.85 Bank of the Cascades Time CD#1 Ending Balance Earnings October 31, 2009 (most recent stmnt) 251,953.42 not reported Wells Fargo Savings Ending Balance Earnings November 30, 2010 733,954.40 241.26 Wells Fargo Checking (non-interest) Ending Balance Earnings Fees November 30, 2010 2875.98 n/a 124.52 Home Federal Business Ckg (non-interest) Ending Balance Earnings October 1, 2010 75,002.22 n/a Home Federal Repurchase Agreement Ending Balance Earnings November 30, 2010 (most recent stmnt) 190,845.09 not avail Home Federal - 30 day Time CD Ending Balance Earnings November 30, 2010 253,620.56 310.22 Local Government Investment Pool Ending Balance Earnings November 30, 2010 607,264.14 120.52 Wells Fargo (Debt Service) Ending Balance Earnings September 30, 2010 Fund 96 2,987,459.15 30.84 Motion to approve the financial report: Rojas/Fouts M/S/P #6 Invoices presented for payment: presented by Chairman Waite Mayor Nancolas joined the meeting to present an invoice and supporting documentation for the $1,800 reimbursement request from Bruce Schultz for the development of the comprehensive post- Page 3 of 3 secondary education proforma. Final discussion and decision is deferred until commissioners have opportunity to review the documentation and Chairman Waite can meet with Steve Fultz, CCEDC. $ 28.58 City of Caldwell URA November lunch $ 308.56 Caldwell Irrigation 205 So. 6th $ 69.00 Air Comfort Annual Mtnce 215/217 S. Kimball Property $ 730.00 Chapel Hill Installation of new appliance @ Chukars $ 1,477.65 Standard Restaurant Supply Purchase sandwich prep unit for Chukars $ 2,750.00 Eide Bailly Audit $ 3,797.50 Hamilton Michaelson Hilty AG’s Investigation, TVCC Closing Documents Motion to approve the invoices for payment: Fouts/Rojas M/S/P COMMISSIONER REPORTS No report. The next meeting will be held January 4, 2010 at 12:00noon. Motion to adjourn: Fouts/Rojas M/S/P Meeting concluded at 3:05 pm. Respectfully submitted, Leona Fouts Secretary