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HomeMy WebLinkAbout2005-08-09 URA MinutesRegular Scheduled Meeting CALDWELL URBAN RENEWAL AGENCY August 9, 2005 - 12:00 noon Caldwell City Hall, Conference Room The regular scheduled meeting of the Caldwell Urban Renewal Agency was held August 9, 2005 at 12:00 noon in the Conference Room @ City Hall with Chairman ElJay Waite presiding. The roll was called: present were ElJay Waite, Mayor Garret Nancolas, Matt Beebe. Guests: Steve Fultz. Motion to approve the agenda as presented: Nancolas/Beebe M/S/P Motion to approve minutes from the July 5, 2005. Nancolas/Beebe M/S/P Old Business CEDC Update: Steve Fultz, Executive Director, provided an update on CEDC activities which include: Wine Commission’s decision to move offices to Caldwell is expected by 10/15; Skyway business park still has 6 lots available with potential buyers for all 6; Sky Ranch open house is scheduled in early October, UR commissioners are invited. Update on the Indian Creek Project: The northeast side of the 10th – 9th demonstration should be completed in time for the annual Indian Creek festival. Water wheel placement is underway and final grading on the south side is complete. Lambert Construction has been granted a contract extension. Remaining Indian Creek property purchases include St. George, Idaho Youth Ranch and Purcell. New Business Motion to approve final purchase of the St. George and Idaho Youth Ranch properties: Beebe/Nancolas M/S/P Financial report presented by ElJay Waite: As of Balance Interest Farmers & Merchants Checking Account 6/30/05 37,637.33 Farmers & Merchants Checking Account 7/31/05 23,116.75 Farmers & Merchants Money Market Account 6/30/05 677,523.28 866.32 Farmers & Merchants Money Market Account 7/31/05 1,010,299.61 592.43 Farmers & Merchants Money Market Account 6/30/05 2,022,024.77 2,231.77 Farmers & Merchants Money Market Account 7/31/05 2,024,836.22 2,811.45 Local Government Investment Pool 7/31/05 765,530.97 1,846.27 Motion to approve invoices as follows: $ 862.50 Hamilton Michaelson & Hilty Legal fees CEDC agreement $ 3,614.87 Patricia Clinton Relocation Allowance $ 30,342.73 Lambert Construction Indian Creek 10th – 9th Project $ 525.00 Hamilton Michaelson & Hilty Legal fees $ 238.26 Idaho Press Tribune Indian Creek 10th – 9th Project advertizement $ 1,560.00 Anvil Fence Indian Creek 10th – 9th Project fencing $ 40,000.00 Canyon County Inmate Workrelease Building Project Waite/Nancolas M/S/P General Discussion: None The next meeting will be held Tuesday, September 6, 2005 at 12:00noon Motion to adjourn: Nancolas/Beebe M/S/P Meeting adjourned @ 12:50 pm Respectfully submitted, ElJay Waite, Chairman From memory 12/30/2005