HomeMy WebLinkAbout2005-10-04 URA MinutesRegular Scheduled Meeting
CALDWELL URBAN RENEWAL AGENCY
October 4, 2005 - 12:00 noon
Caldwell City Hall, Conference Room
The regular scheduled meeting of the Caldwell Urban Renewal Agency was held October 4, 2005 at
12:00 noon in the Conference Room @ City Hall with Chairman ElJay Waite presiding. The roll was
called: present were ElJay Waite, Rob Hopper, Matt Beebe and Leona Fouts. Mayor Nancolas arrived
as noted in the minutes below. Guest: Steve Fultz
Motion to approve the agenda as presented: Fouts/Hopper M/S/P
Motion to approve the September 6, 2005 meeting minutes: Fouts/Hopper M/S/P
Minutes from the August 2005 meeting were unavailable for approval
Old Business
CEDC Update: Steve Fultz, Executive Director, provided an update on CEDC activities which
include: a report on the summit meeting held 9/30/05; open house to be held at Sky Ranch on 10/6/05,
continued negotiations with the Wine Commission with a decision to be made by 10/12; working with
Applebee’s on 2 sites, one on Cleveland and one in Sky Ranch; January completion projected on
Gilliland building in Sky Ranch and Sky Way to include one 31,500 sq ft building with 20,000 sq ft
committed and 6,000 sq ft tentatively leased; selected the Leland Group for the downtown catalyst
project; will present Business of the Year on 10/25; mailed 6 marketing packets and conducted 3 site
visits, two of which involved companies from Atlanta and Las Vegas.
Mayor Garret Nancolas arrived.
Chairman Waite presented an Initial Cost Summary for the Indian Creek Project. To date, costs are
running slightly below bid.
Chairman Waite distributed a final copy of the 2005-2006 Budget.
Chairman Waite presented a funding request from I.D.A.H.O. for the Laster Lane project which
includes a note of their intention to submit documentation for reimbursement of the $40,000 previously
committed by URA on May 4, 2004, and a question regarding the opportunity to request additional
funds provided they supply additional information. The commission will await further information and
documentation from I.D.A.H.O. before considering any additional funding for this project. Motion to
fund the previously designated expenditure of $40,000 for the Laster Lane project as approved at the
May 4, 2004 meeting of CEURA: Hopper/Beebe M/S/P
Mayor Nancolas announced that we are ready to proceed with the land purchase from Hubble
Homes and are just waiting for final communication from Hubble Homes to move the transaction
forward.
Chairman Waite provided an update on the airport land purchase. Jamie Hoover, Freehold
Development, has requested a 30-day extension and URA is awaiting a final decision from him.
Chairman Waite announced that the Warranty Deeds for the charter school and pipedream park are
being prepared.
CEURA, October 4, 2005, Page 2
Mayor Garret Nancolas gave an update on the Van Buren School parking lot. The project lost
momentum during the administration changes in the school district office. Garret has met with the
new Superintendent and Asst. Superintendent to bring them up to speed on the project. Action will be
forthcoming from the school district.
New Business
Chairman Waite introduced Resolution No. 05-04: “A Resolution of the Urban Renewal Agency of
the City of Caldwell, Idaho recommending and adopting an amendment to the Urban Renewal
Plan, workable program and implementation plan, which amendment includes an extension of
the duration of the plan and revision of financial provisions; the chairman and the secretary of
the agency to take appropriate action; and providing for this resolution to be effective upon its
passage and approval.” This resolution provides for an extension of the 1998 Plan to December 21,
2022 with the condition that the tax increment revenue received after December 31, 2014 be used only
to pay debt service on bonds for URA projects constructed prior to December 31, 2014. Tax revenue
received after December 31, 2014 that exceeds the amount needed to service the bonding debt shall be
returned to the local taxing districts. Refer to original Resolution No. 05-04. Motion from Mayor
Nancolas to sponsor Resolution No. 05-04 and move for its passage: Nancolas/Hopper M/S/P
Motion to approve invoices as follows:
$ 6,460.70 JC Newman Indian Creek Landscaping
$190,862.00 City of Caldwell Sky Way Street
$ 71,324.00 City of Caldwell Plymouth Street
$ 30,000.00 City of Caldwell Griffiths Parkway Sprinkler System
$ 58,000.00 City of Caldwell Engineering Services
$112,000.00 Lambert Construction Indian Creek Project
$ 1,000.00 Negotiation Services Indian Creek – Purcell Property
$184,176.00 Pioneer Title Closing & Costs – Purcell Property
$ 880.74 YMCA Membership Fee
$ 175.00 Anvil Fence Indian Creek Project
$ 156.00 Anvil Fence Rental panels
$ 50.00 AME Electric Street lights, Indian Creek
$ 812.50 ICRMP Membership Contribution
Beebe/Fouts M/S/P
A Financial report was not available for this meeting.
The next meeting will be held Tuesday, November 1, 2005 at 12:00noon
Motion to adjourn: Hopper/Beebe M/S/P
Meeting adjourned @ 12:55 pm
Respectfully submitted,
Leona Fouts, Secretary