HomeMy WebLinkAbout2008-08-18 URA MinutesPage 1 of 3
Regular Scheduled Meeting
CALDWELL URBAN RENEWAL AGENCY
August 18, 2008 – 12:00 p.m.
City Administrative Offices, Conference Room
The regular scheduled meeting of the Caldwell Urban Renewal Agency was held on August 18, 2008
at 12:00 noon in the Conference Room at Caldwell Administrative Offices with Chairman ElJay
Waite presiding. The roll was called:
Present: ElJay Waite, Mayor Nancolas, Rob Hopper, Leona Fouts, Steve Rule
Guests: Dennis Cannon, Steve Fultz, Scott Sherrow, Jamie Hoover, Nancy Lemas,
Larry Robb
Motion to amend the agenda to add C/CEDC’s Introduction of a Proposed Development to the
CEDC Report listed as the fifth order of business under Old Business, and approve the agenda as
amended: Fouts/Hopper M/S/P
Motion to approve the minutes of the July 8, 2008 meeting: Fouts/Rule M/S/P
Motion to enter into Executive Session at 12:12 pm, pursuant to Idaho Code, Section 67-2345,
Subsection (c,) for the purpose of discussing land purchase: Nancolas/Rule M/S/P
Motion to exit Executive Session at 12:41: Fouts/Nancolas M/S/P
OLD BUSINESS
Jamie Hoover, Freehold Development, and Scott Sherrow, LEI Engineers and Surveyors, proposed
the re-establishment of the “A” drain to open ditch and abandoning the pipe system in order to
satisfy Pioneer Irrigation and move forward with development in Sky Ranch. A permission letter,
drafted by Mr. Hoover and Mr. Sherrow, from the city to Pioneer Irrigation was presented for review.
Motion to review the conditions of the letter with our legal counsel, with special attention to be given
to ensuring options for future use of the “A” drain: Hopper/Nancolas M/S/P
Old Business agenda item #3, Caldwell School District site donation, was postponed until the
September meeting. Documents were not received from the school district in time.
Dennis Cannon provided updates concerning the Indian Creek and City Center Catalyst projects:
Highlights and new information since the June report:
FEMA Flood Mapping
Meeting with FEMA scheduled for August 26th. Hope to arrive at a solution.
Indian Creek Project
Additional work on fiber optic cable, water supply, sewer and storm water was added to the
scope (paid by the City) in July and August, and work on the storm water system and
backfilling of the old channel is underway and should be complete in early September.
City Center Catalyst Project
The City and Oppenheimer are now drafting the Development and Disposition Agreement
(DDA). When this is finalized and signed, design of the project will begin…likely in Sept.
Oppenheimer’s first cost estimate reviewed in a meeting on August 18th to verify the accuracy
of the estimate and trim costs.
Wi-Fi is now operational in the downtown.
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CEDC Activity Report provided by Steve Fultz:
Highlights from August 1-18, 2008
Continued work with TVCC and Norfleet Development…Entered into agreement with
Norfleet on contracting engineering services to develop the site, and scheduled in cooperation
with the Chamber, TVCC, City, & Norfleet the groundbreaking ceremony scheduled for 8/27.
Meeting with Department of Commerce on SBIR grants
Submitted site options to two different leads (from Commerce/BVEP)
Meeting with Mike Lemrick on his development in Sky Ranch
Continued discussions with SDG on assessment of CCEDC and innovative strategies for
future economic development
Working with Red Apple/Plaza de las Americas development at the Blacker Furniture site
(Commissioner Steve Rule excused himself from the meeting due to previous commitment)
Steve Fultz introduced Plaza de las Americas, a proposed 11 acre development at the Blacker
Furniture site on the corner of Ustick and Nampa/Caldwell Blvd. Representing the project were
Nancy Lemas, Northwest Commercial, and Larry Robb, Red Apple Grocery. The project consists
of 100,000 square feet of retail space, 400 new jobs, a $17,000,000 investment and a potential
request to CEURA for assistance of $440,000 for infrastructure, public right-of-way and parks.
Mr. Fultz and developers will provide more information to commissioners within the next week
and project discussion will be added to the September agenda.
(Mayor Garret Nancolas excused himself from the meeting due to previous commitment)
Old Business agenda items #6 and #7, updates on Vallivue Alternative High School and Canyon
County Fair expansion, were postponed until September. No updates were available.
NEW BUSINESS
Financial Report provided by Rob Hopper:
May 31, 2008 Ending Balance Earnings
Local Gov’t Pool not available
June 30, 2008 Ending Balance Earnings
B of C Money Mkt 1,035,968.96 1,341.60
B of C Business Acct 28,608.20 n/a
B of C Indian Creek -0- -0-
Local Gov’t Pool not available
Motion to approve the financial report: Fouts/Hopper M/S/P
Rob Hopper presented the following invoices for payment:
$ 33.13 Petty Cash / Pizza Hut URA lunch - August
$ 8,232.00 YMCA July - Campaign participation match
$124,814.05 SunTrust Indian Creek loan
$ 2,250.00 Wells Fargo Trust Fees: Allocation Bonds 2004A Series
$ 15,000.00 C/CEDC Quarterly Commitment
$ 21.46 Petty Cash / Albertsons URA lunch - July
Motion to approve the invoices for payment: Fouts/Hopper M/S/P
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GENERAL DISCUSSION
No discussion.
The next regularly scheduled meeting will be held on Tuesday, September 2, 2008.
Motion to adjourn: Hopper/Fouts M/S/P
Meeting adjourned at 1:42 p.m.
Respectfully submitted,
Leona Fouts
Secretary